Market News

  • Uganda: Real estate market showing signs of recovery

    Posted on :Monday , 7th September 2015

     Uganda’s property market has continued to show signs of recovery in the retail and office sectors, amid concerns over high interest rates and volatility of the shilling.

     
    Retail performance, according to crane management services, remained vibrant during the first half of the year, with most shopping places registering more than 90% occupancy.
  • Construction of Mombasa to Nairobi pipeline complete by 2016

    Posted on :Saturday , 5th September 2015

    The construction of the 20 inch Nairobi to Mombasa in Kenya oil pipeline will be completed by end of December 2016, officials have said. Permanent Secretary in the Ministry of Energy and Petroleum Joseph Njoroge told Xinhua in Nairobi that the 485 million U.S. dollar pipeline will reduce the cost transporting fuel from the port of Mombasa to Nairobi by almost half.

     
    . . .

  • Tender for the construction of the Kenya-Uganda pipeline to be announced

    Posted on :Friday , 4th September 2015

     A tender for the construction of the US$ 4bn Kenya-Uganda pipeline that is expected to cover 1,500km is set to be announced before the end of this year.

     
    The construction project has been incorporated into the Lamu Port- South Sudan-Ethiopia Transport Corridor (Lapsset) infrastructure project.
     
    The Lapsset Corridor Development Auth. . .

  • Kenya to receive USD 55.6 bn for infrastructure development

    Posted on :Thursday , 3rd September 2015

     Mega infrastructure projects are planned for East Africa and are set to create unique opportunities and open new markets in Kenya, Uganda and Ethiopia. Industry sectors expected to benefit from the planned infrastructure developments include oil and gas (O&G), mining, agriculture, and retail.

     
    New analysis from Frost & Sullivan, African Infrastructure T. . .

  • KENYA TO BECOME HUB FOR INTRA-REGIONAL AFRICA TRADE

    Posted on :Thursday , 3rd September 2015

     Kenya is set to become a hub for intra-regional trade in Africa, according to a new report from Frost & Sullivan. An estimated $55.6 billion in investments in infrastructure development for Kenya is planned, the majority of which will focus on telecommunications and power generation infrastructure, according to the report.

     
    Mega infrastructure projects are . . .

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