Market News

East Africa: Construction of $600 Million Transnational Highway to Begin Soon
East Africa: Construction of $600 Million Transnational Highway to Begin Soon
7 March 2017

Study for the proposed multinational highway which will link the East African Coastline treading Kenya and Tanzania from Mombasa to Bagamoyo, has been completed.   East African Community (EAC) is finalising plans for the transnational highway, which measures 450 kilometre-long, and expected t . . .

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Kenya: $146 Million Allotted for Malindi Airport Expansion Works
Kenya: $146 Million Allotted for Malindi Airport Expansion Works
7 March 2017

Malindi Airport will get an allotment of US $ 146 million in the 2017/2018 fiscal year to execute the current expansion works of the facility to global Standards, parliamentary committee on transport and housing said last week.   The parliamentary committee said the airport received US$ 4.2 m . . .

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Kenya: Boeing Opens Nairobi Office, Looks to Gain Foothold in East Africa
Kenya: Boeing Opens Nairobi Office, Looks to Gain Foothold in East Africa
6 March 2017

US-based aerospace and defence company Boeing International is set to open a Nairobi office as it seeks to tap new Africa deals.   Boeing, which has been weighing options of opening an office either in Kenya or Ethiopia to gain a foothold in the eastern Africa market, will also open another o . . .

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Africa: China Committed to Stronger Ties With African Nations
Africa: China Committed to Stronger Ties With African Nations
4 March 2017

Beijing — A Chinese Diplomat has recalled the vital role African countries played in ensuring that the People's Republic of China regained its status at the United Nations, while calling on African journalists to help strengthen the ties between Africa and China.   Alpha Daffae Senkpeni . . .

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Kenya: BORAQS to Issue Smart Cards for Genuine Architects, Quantity Surveyors
Kenya: BORAQS to Issue Smart Cards for Genuine Architects, Quantity Surveyors
3 March 2017

Kenyans will soo be able to tell genuine architects and quantity surveyors from fake ones by asking them to produce a smart card to be issued by their regulator, the Board of Registration of Architects and Quantity Surveyors (BORAQS).   Speaking at the launch of BORAQS' first strategic plan o . . .

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