Market News

  • Bloomberg survey ranks Kenya sixth in green power generation

    Posted on :Thursday , 26th November 2015

    Kenya is now among top ten nations in regards to  green power generation, a report released by Bloomberg New Energy Finance shows.

    The 2015 Climatescope Index ranks Kenya sixth out of 55 countries that are investing in wind, solar geothermal and other renewable power generation worth US$126bn of investments.

    Energy Regulatory Commission (ERC) also gave out a r. . .

  • Nedbank and DBSA partner to construct green houses in Africa

    Posted on :Thursday , 26th November 2015

     Nedbank Corporate and Investment Banking (NCIB) and the Development Bank of Southern Africa‘s Green Fund (DBSA) has partnered to construct 400 green houses in South Africa.

     
    The construction of green houses in South Africa will combine social and environmental sustainability to promote access
    to better quality housing units with lower running . . .

  • Japan to invest in Construction of Mombasa�s port

    Posted on :Wednesday , 25th November 2015

     Work on the second phase of Mombasa port’s second container is scheduled to commence in early 2017

    portmombasa pixabay huskyherzThe port of Mombasa is a key trade gateway to and fro East Africa. 
    Kenya Ports Authority managing director Gichiri Ndua said that the construction is likely to cost nearly US$213mn, and provide an additional capacity of 470,000 a. . .

  • Newly constructed major underpass in Africa officially opened

    Posted on :Wednesday , 25th November 2015

     A newly constructed major underpass in South Africa has been officially opened by the Executive Mayor of the City of Ekurhuleni, Mr  Mondli Gungubele at the Riverfields Boulevard.

     
    Riverfields is a mixed use development that has attracted global brands, among others DHL, John Deere, Jonsson and DB Schenker, to state-of-the-art business and logistics parks.. . .

  • China to invest in major construction projects in Africa

    Posted on :Tuesday , 24th November 2015

     Chinese firm Henan International Cooperation Group under the jurisdiction of Henan province is set to invest in major construction projects in Nigeria.  This follows a meeting between Henan commissioner Mr. Jiao Jinmiao and Cross River State Governor Ben Ayade in Chinese city of Zhengzhou.

     
    Among the planned investments includes constructing a power plant,. . .

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