Market News

Kenya: Building Companies Trying Out Benefits of Polystyrene Homes
Kenya: Building Companies Trying Out Benefits of Polystyrene Homes
2 June 2016

Kajiado — Building companies are trying out polystyrene construction which offers good insulation, and uses less water and wood   Justus Opiyo lives in one of around 50 polystyrene houses in a new development in Kajiado County, southeast of Nairobi, and says it has a major advantage ove . . .

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Ethiopia's Grand Dam Well on its Way to Completion
Ethiopia's Grand Dam Well on its Way to Completion
21 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 f . . .

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Construction of Ethio-Kenya Road almost complete
Construction of Ethio-Kenya Road almost complete
12 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 confirme . . .

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Kenya: Portland Cement Seeks Partnership from Govt in Housing Deal
Kenya: Portland Cement Seeks Partnership from Govt in Housing Deal
16 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 th . . .

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Kenya: Cytonn Begins Construction of Sh2.5 Billion Housing Estate in Nairobi
Kenya: Cytonn Begins Construction of Sh2.5 Billion Housing Estate in Nairobi
13 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 apar . . .

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