Market News

 At a time when struggling Turkish exporters are looking for ways to diversify their target markets, Africa is poised to become the new frontier market for Turkish firms as they position themselves to become major stakeholders in the region’s rapidly growing industries. Africa has record . . .

 Dry water taps are expected to start running again following the roll-out of an ambitious project to improve water infrastructure. The Sh2 billion project funded by the World Bank is being implemented in phases beginning with sealing of water leakages in Nyali and Kisauni. Mombasa Water Supp . . .

 A group of Kenyan investors under the trade name Icolo.io is building a Sh850 million data centre in Nairobi. The construction commenced last month and is set to be completed by the end of 2017. The data centre will be situated on land leased from Catholic University of Eastern Africa, and wil . . .

 Tanzania and Kenya have agreed on a time line to start the construction of two link roads meant to improve the movement of goods and people between the two countries. The deal is the major decoration on the meeting between President John Magufuli and his host, President Uhuru Kenyatta, in Nai . . .

 The county government of Lamu has completed the construction of 45 Early Childhood Education (ECDE) centres in both Lamu West and East Sub-Counties at a cost of Sh90 million.   Lamu Governor Issa Timamy says the move is meant to raise standards of education in the region by ensuring chi . . .