Market News

Nairobi — The government through the Ministry of Transport and Infrastructure has kicked off the design for the construction of the Mombasa Gate Bridge.   The Ministry says the Survey team arrived on Monday to start their work, of which the first phase will be conducted until July this . . .

A private company has proposed constructing the tallest building in Africa and in the Southern Hemisphere, the eThekwini Municipality said.   Municipal spokesperson Tozi Mthethwa said the concept of the Durban Iconic Tower was presented to the economic development and planning committee on We . . .

The Ethiopian Construction Works Corporation has taken its first overseas project as it finalized an agreement to construct an irrigation infrastructure development project in Rwanda.   The Corporation organised a farewell ceremony for supervisors of the 3.6 billion Rwandan franc project, whi . . .

Atkins announces the acquisition of Howard Humphreys East Africa Limited Group, a multidisciplinary consultancy based in Kenya and Tanzania, which employs around 200 people. This move marks a significant step for Atkins providing a geographic expansion into the Africa market as a locally-based compa . . .

 Last year the country witnessed the inauguration of a $540m mixed-use development, the Garden City developed by Actis. Old Mutual Property last month invested $6.3m in the Two Rivers Lifestyle Centre (TRLC), the holding company for the Two Rivers Mall. The mall is being built on 10.2 acres of . . .