Market News

Konza city will be connected to two independent fiber links by March 2017.   This is according to a tweet posted on the Konza Techno CIty Twitter platform, @konzatechnocity.   In earlier updates, the hub had already tapped into the National Optic Fibre Backbone Infrastructure (NOFBI), . . .

Mombasa Cement is set to build a 36 megawatt (MW) wind farm in Kilifi for its own use and sale to Kenya Power.   The project, which consists of 12 turbines of 3MW each, will cost an estimated Sh260 million, according to regulatory filings submitted by the cement manufacturer.   The win . . .

The Kenya Airports Authority (KAA) is seeking a Sh29 billion loan from the World Bank to finance the upgrade of the country's airports.   Under an initiative dubbed Kenya Aviation Modernisation Project, KAA said yesterday it plans to use part of the proceeds to improve passenger terminal capa . . .

Uganda has announced plans to start constructing its standard gauge railway (SGR) later this year after it apparently dropped an earlier condition that required Kenya to extend its track to the border first.   The 273-kilometre track linking the capital Kampala to Kenya's border town of Malab . . .

The Interior Designers Association of Kenya (IDAK) will be the main supporting partner of the 20th BUILDEXPO Kenya, the largest and most successful building and construction show in East Africa, taking place at the Kenyatta International Conference Centre (KICC), Nairobi from the 20th to 22nd April, . . .