Market News
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Industrial Development coorperation to build steel mill
Posted on :Friday , 28th November 2014
The IDC has been trying to secure sufficient energy supplies to convert its plans into a reality, since the plans to launch a new steel mill were revealed last year.
Attractive Industrial Investment opportunities in kenya
Posted on :Thursday , 27th November 2014
Sri Lankan President Mahinda Rajapaska recently visited Kenya during the East African nation's 50th independence ccelebrations. The visit was intended to open new collaborative economic opportunities for. . .
Kenya pursues growth in the manufacturing sector
Posted on :Thursday , 27th November 2014
Kenya’s government is currently considering the final iteration of a bill that would establish three special economic zones (SEZs) within the country. The SEZs will allow lower levels of taxation and fewer regula. . .
Kenyan steel maker to invest in metal sheet production
Posted on :Thursday , 27th November 2014
Kenya-based steel company Devki Group will invest US$321.2mn in the manufacturing of metal sheets used to produce roofing sheets and key automobile componentsThe company will start the production of Aluzinc, which is used in making exhaust pipes and chassis. Devki has plans to export up to 40 per cent of its Aluzinc to automotive industries in South Africa and Euro. . .Chinese firm to invest in Africa\'s Industrial sector
Posted on :Thursday , 27th November 2014
The first phase of the project, which is targeted to produce 40,000 tonnes of ferrochrome annually, will be set up in Selous.
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