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East Africa retains lead as top investment destination in 2019
East Africa retains lead as top investment destination in 2019
7 February 2019

Where to Invest in Africa 2019? RMB has the answer. Kenya, Rwanda, Ethiopia and Tanzania will be among Africa’s most attractive investment destinations in 2019. According to a report prepared after an extensive study by South Africa based Rand Merchant Bank (RMB). The RMB Investment Attractive . . .

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Kenya's tallest high-rise apartment units to be completed by 2021
Kenya's tallest high-rise apartment units to be completed by 2021
4 February 2019

Kenya has disclosed it's plans to construct 2,720 high-rise apartment units in Nairobi’s Ngara estate in a development project that will gift the Kenyan capital its tallest homes beating 22-storey Le’mac Towers, Nairobi’s residential tower. The project is in alignment with the gove . . .

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East Africa construction industry outlook promising-report
East Africa construction industry outlook promising-report
14 January 2019

The total number of projects in East Africa has risen by a substantial 96% between 2017 and 2018 with an equally substantial increase of 167% in the total US dollar value of projects, a new report has shown. The Africa Construction Trends (2018) by consultancy firm Deloitte, reveals that East Afr . . .

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East Africa construction industry to grow tenfold over the years
East Africa construction industry to grow tenfold over the years
7 January 2019

Investment opportunities in infrastructure construction is set to expand at a rapid pace in East Africa. According to GlobalData, total infrastructure construction output is expected to soar from US$25.9bn in 2017 to US$98.8bn in 2022 in the three largest markets in the region, Ethiopia, Kenya and T . . .

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Bangladeshi steel maker to open Sh6.5bn factory
Bangladeshi steel maker to open Sh6.5bn factory
26 December 2018

Big ticket infrastructural projects including the multi-billion Standard Gauge Railway (SGR) have driven up demand for steel products in the country. One of the largest steel makers in Bangladesh is set to open a Sh6.5 billion ($65 million) factory in Kenya. Bangladesh Steel Re-Rolling Mills L . . .

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