Market News

  • East Africa: KFAED signs US$15mn agreement for road development

    Posted on :Saturday , 19th December 2015

     The Rwandan government and the Kuwait Fund for Arab Economic Development (KFAED) have signed a US$15mn concessional loan to support the construction of the Nyagatare-Rukomo road project in Rwanda

    roadconstruction klinkow pixabayRwanda, which is a landlocked nation, is in dire need of good roads to improve intra and inter-country connectivity. 
    The project entail. . .

  • China Pledges Support to Accra Compost and Recycling Plant

    Posted on :Friday , 18th December 2015

    The Chines government has pledged to offer assistance to the management of the Accra Compost and Recycling Plant (ACARP) to ensure efficient management of liquid waste in the country.

     
    Addressing journalists after a tour of the Accra Compost and Recycling Plant at Adjen Kotoko in Accra on Tuesday, the Chinese Ambassador to Ghana, H.E. Sun Baohong was inspired by the . . .

  • Construction of first undersea museum in sub-Sahara Africa to begin in Kenya

    Posted on :Friday , 18th December 2015

     Plans to construct first underwater museum in sub-Sahara Africa is set to begin in Kenya, National Museums of Kenya (NMK) coast region assistant director for sites and monuments, Mr Athman Hussein Athman, has announced.

     
    Athman was speaking during a workshop, sponsored by Unesco, the National Museums of Kenya and the Ministry of Sports, Culture and Arts in Momb. . .

  • Probase Kenya to tarmac roads in Embu at a cost of US$ 38.5 Million

    Posted on :Friday , 18th December 2015

     The County government of Embu has signed contract with Probase Kenya a  Malaysian based construction firm to construct and tarmac roads across the county at a cost of US$ 38.8 Million.

     
    Embu County governor Martin Wambora said that the county signed the contract after the court ruled that county governments should manage their roads.
     
  • Kenya: Embu Signs Sh3.8 Billion Road Project Contract

    Posted on :Thursday , 17th December 2015

    The Embu government has signed a Sh3.8 billion contract with a Malaysian company to tarmack county roads.

     
    Governor Martin Wambora yesterday said this is in line with a court ruling last Friday that county governments should manage their roads.
     
    The Council of Governors sued the national government, demanding full control of county roads. . .

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