Market News
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Ethiopia's Grand Dam Well on its Way to Completion
Posted on :Saturday , 21st May 2016
The people and government of Ethiopia have recently celebrated the fifth year anniversary of the Grand Ethiopian Renaissance Dam (GERD), a multi-billion dollar hydro electric project, being constructed on the Blue Nile river, in the Guba Woreda, Benshangul-Gumuz State.
They are cognizant to the fact that constructing the Dam has many fringe benefits to the country's economic grow. . .Construction of Ethio-Kenya Road almost complete
Posted on :Thursday , 12th May 2016
The construction of Ethio-Kenya Road linking Kenya to Ethiopia is set to be completed soon; this is according to The Kenya National Highways Authority (KeNHA).
Regional Director for Eastern Africa Resource Centre of the African Development Bank Group, Mr. Gabriel Negatu confirmed the reports and said that the road which covers 121km of Merille-Marsabit a. . .Kenya: Portland Cement Seeks Partnership from Govt in Housing Deal
Posted on :Saturday , 16th April 2016
East African Portland Cement Company (EAPCC) may be wooing the government into a real estate deal after the company failed to get approval to sell part of their land last year.
The listed cement maker's chief operating officer Albert Sigei told Lands Cabinet Secretary Prof Jacob Kaimenyi this week that the company was interested in partnering with government to put . . .Kenya: Cytonn Begins Construction of Sh2.5 Billion Housing Estate in Nairobi
Posted on :Wednesday , 13th April 2016
Real estate and investment firm Cytonn has begun construction of its Sh2.5 billion lifestyle community in Ruaka on the outskirts of Nairobi.
The Alma, which is to be completed within three years, is targeting the middle to lower-middle income class with discerning tastes for modern day apartments.Cytonn is offering the 1, 2 and 3 bedr. . .Kenya: Deputy President Seeks Sh8 Billion for Roadworks
Posted on :Wednesday , 13th April 2016
A team chaired by Deputy President William Ruto now wants governors to be given Sh8 billion for the construction and maintenance of county roads after they were denied funds in the Division of Revenue Bill, 2016.
The Intergovernmental Budget and Economic Council (IBEC), which brings together the two levels of government, has proposed that the allocation be included . . .Please Select an Option
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