Market News
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Construction of Kipeto wind farm to supply Kenya power
Posted on :Friday , 31st July 2015
Kenya Power has signed an agreement with Kipeto Power that will see the generation of electricity in Oldonyo Narok, Kajiado. The construction of Kipeto wind farm to supply Kenya power with 100MW will greatly boost Kenya’s supply.
Kipeto has successfully received US$ 233m financing from the Overseas Private Investment Corporation (OPIC) which is the. . ..jpg)
Africa\'s new Industrial Park construction begins
Posted on :Thursday , 30th July 2015
Africa has begun the construction of a US$ 246m park dubbed Hawassa Industrial Park; this was confirmed after the signing of an agreement between Ethiopia and China Civil Engineering Corporation(CCECC).The mega development is projected to be complete in the next 9 months with the MH Engineers as consultants focusing on the garment manufacture and agro-industry.. . .
African trade agreement will provide economic boost for continent
Posted on :Thursday , 30th July 2015
The 19th-century British colonialist Cecil Rhodes' dream of unifying Africa from "Cape to Cairo" was not so far-fetched after all.
Tinged with a dash of déjà vu, this dream was fulfilled yesterday with the launch of the Tripartite Free Trade Area Agreement (TFTA) in Sharm el Sheikh when 26 African heads of state endorsed an economic int. . ..jpg)
Kenya, U.S. Sign Key Transport Deal
Posted on :Wednesday , 29th July 2015
Kenya and the US have signed a deal that would lead to the development of strategic infrastructure projects.
The memorandum of understanding covers projects related to the Lamu Port South Sudan- Ethiopia Transport (Lapsset) corridor.During the signing ceremony on Friday, Cabinet Secretary for Foreign Affairs and International Tr. . .
Avic International Kenya to construct $200mn office complex
Posted on :Wednesday , 29th July 2015
Chinese partnership with Kenya has energized a Chinese based global manufacture AVIC International Holding Corporation which is set to construct a $200mn office complex in Nairobi Kenya which is expected to be its African Headquarters.
The offices suites that will be located in Westlands in Nairobi got a major boost after the city council of Nairobi gave Avic International Kenya. . .Please Select an Option
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