Market News
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Africa: Infrastructure Investment Is the Foundation for Economic Growth
Posted on :Thursday , 9th July 2015
Over the past two decades the average investment in infrastructure as a percentage of GDP has hovered around 5 per cent, a much lower ration when compared to growing economies such as China that invest about 9 per cent of their GDP in infrastructure development. This lower ratio is an indication that more investment in this sector is still needed and indeed so it is not surprising that Na. . .
Kenya is building Africa�s biggest wind energy farm to generate a fifth of its power
Posted on :Tuesday , 7th July 2015
Kenya set in motion the construction of Africa’s biggest wind power farm this week, near Laisamis, 550km north of Kenya’s capital Nairobi.
Known as the Lake Turkana Wind Power Project, the wind farm site covers 40,000 acres (162km2), which will be powered by the ‘Turkana Corridorwind.’ It is a low-level jet stream originating from the Indian Ocean and blow. . .APR Energy lands a 27 million gas turbine supply contract in Egypt
Posted on :Tuesday , 7th July 2015
APR Energy is set to provide a gas turbine power plant for an industrial customer in Egypt after landing a €27 Million contract.
The leading world Mobile power supplier signed the deal early this week after a competitive tender that attracted many companies to provide a gas turbine power plant for an industrial customer in Egypt.The project, which is for a mini. . .Kenya: Kiambu Constructs Sh160 Million Hospital at Tigoni
Posted on :Monday , 6th July 2015
Kenya: New Mall Set to Change How Kisumu Shops
Posted on :Monday , 6th July 2015
Unlike other middle class estates that are slowly experiencing an influx of residents, Mamboleo is relatively more secure and tranquil.
"Actually, a majority of professionals in Kisumu now find the Mamboleo/ Kajulu hills a perfect destination of choice owing to encroachment of Milimani and Tom Mboya estates by offices, hotels and guest houses," she said.
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