Market News
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Rehabilitation of Tanzania, Kenya and South Sudan Road Corridor Planned
Posted on :Saturday , 25th June 2016
Nairobi — The Kenya National Highways Authority (KeNHA) has called for bids on the rehabilitation of the Isebania-Kisii-Ahero Road which is slated to start sometime this year.
According to the authority, the road project which will be carried out in two lots will have Lot 1 starting from Isebania to Kisii and lot 2 from Kisii to Ahero.. . .Kenya: County to Receive Sh100 Million for Road Development
Posted on :Saturday , 25th June 2016
Nakuru County is set to receive a grant of over Sh100 million from the Kenya Roads Board (KRB) for the development of its roads.
Funding talks with the Board are at an advanced stage, County Governor Kinuthia Mbugua disclosed on Thursday.Governor Mbugua was speaking at a road safety awareness event for boda boda riders sponsored by th. . .Kenya: World Bank to Fund Major Projects in Northern Kenya - President
Posted on :Monday , 13th June 2016
President Uhuru Kenyatta on Sunday said the World Bank is set to embark on a Sh111 billion funding of transformative projects in the country particularly the Arid and Semi-Arid areas.
Though his spokesman Manoah Esipisu, the head of state indicated that the monies will be used to provide solar energy to households, public institutions such as health centers and educ. . .East Africa: EAC Budget Focuses On Energy, Infrastructure Sectors
Posted on :Friday , 10th June 2016
East African Community (EAC) member states have prioritised development expenditure as countries look to further strengthen the growth agenda of the regional economies. In the national budget estimates presented yesterday, the regional bloc's biggest economy Kenya will be spending $22.8 billion, Tanzania $13.5 billion, and Uganda $12 billion during the next financial year that starts on July 1.. . .
Kenya: President Says High-Speed Railway to Be Completed Ahead of Schedule
Posted on :Friday , 10th June 2016
Kenyan President Uhuru Kenyatta said over the weekend that China-funded high speed railway which runs from the coastal city of Mombasa to Nairobi will be completed ahead of the schedule.
Kenyatta, who visited a section of the 472 kilometer standard gauge railway (SGR) project which is more than three-quarters done, said once completed, the project will enhance Kenya. . .Please Select an Option
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