Market News

  • World Bank to fund Mombasa�s Sh2b water project

    Posted on :Tuesday , 22nd November 2016

     Dry water taps are expected to start running again following the roll-out of an ambitious project to improve water infrastructure.

    The Sh2 billion project funded by the World Bank is being implemented in phases beginning with sealing of water leakages in Nyali and Kisauni.

    Mombasa Water Supply and Sanitation Company loses 50 per cent of its water through leakages and illeg. . .

  • Construction of Sh850m data centre in Nairobi begins

    Posted on :Thursday , 3rd November 2016

     A group of Kenyan investors under the trade name Icolo.io is building a Sh850 million data centre in Nairobi. The construction commenced last month and is set to be completed by the end of 2017. The data centre will be situated on land leased from Catholic University of Eastern Africa, and will span 27,000 square feet.

    “The data centre will be built in two phases,” ico. . .

  • Agreement to Build Two Link Roads

    Posted on :Tuesday , 1st November 2016

     Tanzania and Kenya have agreed on a time line to start the construction of two link roads meant to improve the movement of goods and people between the two countries.

  • Kenya: Construction of Sh90 Million Lamu ECDE Centres Complete

    Posted on :Wednesday , 26th October 2016

     The county government of Lamu has completed the construction of 45 Early Childhood Education (ECDE) centres in both Lamu West and East Sub-Counties at a cost of Sh90 million.

     
    Lamu Governor Issa Timamy says the move is meant to raise standards of education in the region by ensuring children's learning environment is improved.
     
    Spea. . .

  • Agency to spend Sh2.8b on system to name roads and label buildings

    Posted on :Tuesday , 25th October 2016

    The Government will spend an estimated Sh2.8 billion on a system that will give names to all roads, and assign numbers to all buildings and parcels of land.

    The National Addressing System (NAS), which is being developed by the Communications Authority of Kenya (CA), will enable authorities to pinpoint where every Kenyan lives and works.

    It is also expected to enable the Governme. . .

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