Market News

The construction of the Mwache Multipurpose Dam, whose contract was signed in August 2018 and delayed for several years as the constructor awaited the government to finalize the land compensation exercise is set to begin next month (November 2021).This was announced by Joseph Irungu, the Permanent S . . .

The Nairobi-Mombasa Expressway project to be executed by Bechtel Corp has revised it's plan to build the motorway and recoup its costs through tolls. The American contractor contracted to build the 473-kilometer expressway has estimated that the Public Private Partnership (PPP) model will cost Sh1.5 . . .

The National Government of Kenya recently launched an over US$ 4.6M water project in Nyali, a residential area, and Sub-County within Mombasa City on the mainland north of Mombasa County.The project, which is a part of a close to US$ 12M water program in the coastal County, is set to significantly i . . .

Kenya has constructed a new sanitation system in Narok Town, using improved technology that is anticipated to endure more than a century without regular repairs and breakages. The county administration, in collaboration with a local firm Megapipes, announced the installation and stated that the . . .

The United Kingdom (UK) is set to develop 10,000 green affordable houses in Kenya. This follows a US $48M commitment made by the UK Climate Investments (UKCI) and FSD Africa Investments (FSDAi) towards a Kenyan green affordable housing venture.Managing Director of UKCI, Richard Abel said the investm . . .