JICA's $1.3 Billion Funding Kickstarts Africa's Largest Cable-Stayed Bridge Project in Kenya

Posted on :Wednesday , 31st January 2024

The Japanese International Cooperation Agency (JICA) is providing the funding to the Kenya National Highway Authority (KeNHA) for the construction of the bridge project, which is estimated at US$1.3 billion (about 200 billion Kenyan shillings). JICA will fund 80% of the bridge project, with the Kenyan government covering the other 20%.

Principal Secretary for Roads Joseph Mbu. . .

Kenya Gives Go-Ahead to Massive $3.6 Billion Nairobi-Mombasa Expressway Project

Posted on :Tuesday , 2nd January 2024

Under a public-private partnership (PPP), the 473-kilometer Nairobi-Mombasa Expressway has been approved for its initial phase of construction. This was disclosed by the Treasury, which made it possible for the road construction project to go into the development stage.

The Nairobi-Mombasa Expressway project, according to the Treasury, is anticipated to eliminate the severe t. . .

WHERE TO INVEST IN AFRICA 2024

Posted on :Tuesday , 12th December 2023

Amidst the global highs and lows, Africa emerges as a beacon of opportunity, inviting investors to explore a wealth of potential in the coming year.

Renowned Kenyan businessman and financial expert, Nazir Jinnah, shares insights on key areas ripe for investment, highlighting the continent's untapped potential.

Jinnah emphasizes the growing momentum in Africa's embrace of sustainable. . .

Sh500 Million Industrial Park to Be Built In Nyeri, Kenya

Posted on :Friday , 3rd November 2023

An agreement has been signed by the County Government of Nyeri and a local contractor for the building of an aggregate and industrial park in the Kieni constituency, valued at Sh500 million.

In the next 24 months, the park a collaborative effort between the national and county governments will be operational, according to Chief Officer in Charge of Trade George Mwangi. Each o. . .

Annual Funding of Ksh1 Billion Would Be Provided for Renovation of Kenyan Airstrips

Posted on :Tuesday , 3rd October 2023

The Government of Kenya has set aside Ksh1 billion annually for Kenyan Airstrips, which will be used to promote freight and passenger transportation as well as the tourism industry by constructing and renovating airstrips located all around the country. The expansion projects, according to Cabinet Secretary of Transportation Kipchumba Murkomen, are primarily intended to accommodate large aircra. . .