Market News
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Kenya: Corporation Signs Sh50 Billion Deals With Local Suppliers for Railway Construction
Posted on :Wednesday , 30th March 2016
China Road and Bridge Corporation has since inception signed contracts worth Sh50 billion with local suppliers for the construction of the standard gauge railway.
The deals have led to the creation of over 38,000 jobs, easing the government's unemployment burden.The firm, in its social responsibility report 2015 on the Sh400 billion M. . .Rwanda: RCA to Construct New Cricket Ground
Posted on :Wednesday , 30th March 2016
Rwanda Cricket Association (RCA) and the Ministry of Sports and Culture have partnered to construct a new cricket ground at the University of Rwanda- College of education (UR-CE), Rukara Campus in Kayonza district, Eastern Province.
Speaking during the official groundbreaking ceremony at the college campus over the weekend, RCA president, Charles Haba said: "We shall sponsor the . . .Nigeria: Cement Co. Begins N700 Million Concrete Road Construction
Posted on :Tuesday , 29th March 2016
A subsidiary of Lafarge Africa Plc, and member of LafargeHolcim, Ashaka Cement Plc has flagged-off an eight kilometres concrete road construction in Maiganga, Gombe State.
The Maiganga Concrete Road Construction project is one of such several projects Lafarge Africa Plc has embarked on in the past few months.Chairman, Board of Directo. . .Kenya: 13 Firms Sign Up for Land at Tatu Mega City
Posted on :Saturday , 26th March 2016
Mega real estate mixed-use project Tatu City announced on Thursday it had set aside money for initial infrastructure after sealing deals with 13 companies in the Sh350 billion planned development in Ruiru.
This, even as its parent investor, private equity firm Rendeavour, said it was scouting for more land in Africa.Rendeavour country. . .Kenya Economy Gets Positive Outlook from Moody's
Posted on :Friday , 25th March 2016
British-based global ratings agency Moody's has given Kenya's economy a positive outlook based on its growth trend, stability as well as its future and fiscal trajectory.
According to the agency's latest report, the country's infrastructure push and rapidly expanding services underpin one of the strongest growth rates in sub-Saharan Africa over the past two years.Please Select an Option
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