Market News

  • Kenya-South Sudan road construction gets funding from World Bank

    Posted on :Wednesday , 16th September 2015

     The World Bank has released US$512m for the construction of the Kenya-South Sudan road and also for the laying of the fibre optic cable which will eventually enhance trade between the two countries.

     
    South Sudan’s ICT minister Rebecca Joshua Okwaci and her Kenyan counterpart Fred Matiang’i signed a memorandum of understanding in January this year, p. . .

  • 960km Eldoret-Juba road in Kenya to start construction

    Posted on :Tuesday , 15th September 2015

     The 960km Eldoret-Juba road in Kenya is set to start construction after being neglected for 30 years.

     
    Kenha chairman Erastus Mwongera said the Kenya and South Sudan governments have coordinated the improvement of the highway to ensure social and economic benefits are met.
     
    Turkana County Governor Josphat Nanok confirmed the report. . .

  • Dubai based Metito wins US$29mn African Infrastructure project contracts

    Posted on :Monday , 14th September 2015

     UAE water firm Metito has announced its participation in four municipal water projects in Egypt

    Metito wins US29mn Egyptian water project contracts Metito’s involvement in the four municipal water projects is worth a combined US$29mn. 
    The company, which has its headquarters in Dubai, will take advantage of the recent economic recovery in Egypt to particip. . .

  • Kenya-South Sudan road construction gets funding from World Bank

    Posted on :Friday , 11th September 2015

     The World Bank has released US$512m for the construction of the Kenya-South Sudan road and also for the laying of the fibre optic cable which will eventually enhance trade between the two countries.

     
    South Sudan’s ICT minister Rebecca Joshua Okwaci and her Kenyan counterpart Fred Matiang’i signed a memorandum of understanding in January this year, p. . .

  • Garden City to build a hotel in Phase II

    Posted on :Friday , 11th September 2015

     Garden City one of East Africa’s largest mall has announced the construction of a new business park that will host a four star hotel.

     
    The park will be developed on an additional 21 acres of land adjacent to the original 32 acre site that already hosts apartments and retail centres.
     
    Michael Turner, Head of Actis Nairobi said. . .

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