Market News
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Kenya: Govt Allocates $100 Million for Lamu Port Project
Posted on :Wednesday , 1st March 2017
Building of the first three berths in Lamu port has started.
Transport Principal Secretary Irungu Nyakera said 20 per cent of the work has been done and the government will allocate Sh10 billion to the port project in the next financial year.He said the government has already paid Sh4.6 billion to the contractor while another Sh2.9 bi. . .Kenya: 35 Students to Undergo Railway Operation Training in China
Posted on :Saturday , 25th February 2017
Nairobi — Thirty-five Kenyan students will depart to China at the end of February on a scholarship program to prepare them for Kenya's new railway.
Transport and Infrastructure Cabinet Secretary James Macharia said the students will receive undergraduate education at Beijing Jiaotong University, a top university in China for railway studies.. . .Kenya: Kenyatta University to Construct Massive $48 Million Hostel
Posted on :Thursday , 23rd February 2017
Kenyatta University is on the verge of constructing a whopping US$ 48m hostel that will see the invention of 6, 000 rooms.
The project is set to be developed by a New York-based private equity firm Africa Integras which confirms that it is now ready to proceed with the project after concluding negotiations with the financiers. The US fund was awarded the deal to lea. . .Kenya to See Boom in Conference Tourism in 2017 Despite Election Year
Posted on :Friday , 10th February 2017
Despite being an electioneering year, 2017 is expected to be a boon for Kenya’s tourism, with a number of international conferences slated to take place here.
Confirmed hotel and conference hall bookings indicate 2017 will witness a hype of activity buoyed by 2016’s success that saw over 100 world leaders visit Kenya at different times.. . .Kenya: SGR on Schedule as Inspection of Locomotives Begin
Posted on :Tuesday , 7th February 2017
The government has began the inspection and commissioning of locomotives for the standard gauge railway (SGR), moving to indicate that the completion of the first phase will be on schedule.
Speaking to journalists at State House, Spokesperson Manoah Esipisu said the first journey from Mombasa to Nairobi will start in June."Testin. . .Please Select an Option
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