Market News

Japan to offer high quality infrastructural development support to Africa at TICAD summit
Japan to offer high quality infrastructural development support to Africa at TICAD summit
16 August 2016

Japanese Prime Minister Shinzo Abe will attend the 6th Tokyo International Conference on African Development (TICAD) in the capital city of Nairobi for the two-day conference, which will mark the first time summit to be held in Africa, sources close to the prime minister confirmed Tuesday.   . . .

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Ethiopia: Industrial Parks Promoting Foreign Investment Influx,Tapering Unemployment
Ethiopia: Industrial Parks Promoting Foreign Investment Influx,Tapering Unemployment
16 August 2016

Around the world, industrial parks have become significant vehicles for countries to provide competitive environments for industries to take off. Cognizant to this fact, the government of Ethiopia prioritized to the development of industrial parks to accelerate the economic transformation, promote a . . .

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Kenya: Turkey Looking to Make Inroads in Regional Construction Industry
Kenya: Turkey Looking to Make Inroads in Regional Construction Industry
15 August 2016

The Turkish business community on Friday launched a major drive to popularise their construction and building products with a view to penetrating the East African market.   Turkish Ambassador to Kenya Deniz Eke said Turkey manufacturers were ready to form partnerships with Kenyan traders to p . . .

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Plans for Nairobi city road network laudable
Plans for Nairobi city road network laudable
12 August 2016

At the weekly State House Summit yesterday, plans for the construction of a Sh38 billion overpass from Mlolongo suburb to Westlands and the imminent launch of a Sh15 billion light train between Jomo Kenyatta International Airport and the city centre were unveiled. These are key projects that will su . . .

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President Uhuru Kenyatta's road dream for Nairobi road network
President Uhuru Kenyatta's road dream for Nairobi road network
12 August 2016

An elevated road with two lanes is part of President Uhuru Kenyatta‘s plan to decongest Nairobi. The Sh38 billion double-deck road between Mlolongo and Westlands that is set to be constructed from next year, when completed, will render the city‘s traffic nightmare a thing of the past. & . . .

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