AFRICA - THE NEXT GROWTH MARKET

Posted on :Tuesday , 3rd October 2017

Africa is currently home to five of the fastest growing economies in the world. According to a global study, the continent's economy is forecast to grow to $2.6 trillion in 2020 from $1.6 trillion in 2008, fuelled by booms in mining, agriculture and development of ports, roads and other infrastructure. This rapid economic growth is what is creating substantial new business op. . .

Turkish Exporters Target Africa

Posted on :Wednesday , 23rd November 2016

 At a time when struggling Turkish exporters are looking for ways to diversify their target markets, Africa is poised to become the new frontier market for Turkish firms as they position themselves to become major stakeholders in the region’s rapidly growing industries.

Africa has recorded an annual growth rate of 5 percent over the last d. . .

World Bank to fund Mombasa�s Sh2b water project

Posted on :Tuesday , 22nd November 2016

 Dry water taps are expected to start running again following the roll-out of an ambitious project to improve water infrastructure.

The Sh2 billion project funded by the World Bank is being implemented in phases beginning with sealing of water leakages in Nyali and Kisauni.

Mombasa Water Supply and Sanitation Company loses 50 per cent of its water through leakages and illeg. . .

Construction of Sh850m data centre in Nairobi begins

Posted on :Thursday , 3rd November 2016

 A group of Kenyan investors under the trade name Icolo.io is building a Sh850 million data centre in Nairobi. The construction commenced last month and is set to be completed by the end of 2017. The data centre will be situated on land leased from Catholic University of Eastern Africa, and will span 27,000 square feet.

“The data centre will be built in two phases,” ico. . .

Agreement to Build Two Link Roads

Posted on :Tuesday , 1st November 2016

 Tanzania and Kenya have agreed on a time line to start the construction of two link roads meant to improve the movement of goods and people between the two countries.