Market News
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Chinese investments in Kenya hit Sh663bn, FM Wang says
Posted on :Thursday , 11th August 2016
Wang said the Chinese investments and commitments to Kenya in the last three years were mainly in infrastructure and the establishment of industrial parks in Kisumu, Mombasa and Nairobi.
“It is our hope that mega projects like the Standard Gauge Railway (SGR) will leverage Kenya’s position as a regional trade and investment hub,” Wang said.
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Chinese-built railways in Africa become model of cooperation: FM
Posted on :Thursday , 11th August 2016
Railway lines built by Chinese firms in African countries are becoming a model of China-Africa cooperation in industrial capacity, China's Foreign Minister Wang Yi said during his visit to Kenya on Wednesday.Wang cited the Nairobi-Mombasa railway line as an example during a joint press conference with his Kenyan counterpart Amina Mohamed after their talks and a. . .Ethiopia: Road Development Advancing Economic Growth - Premier
Posted on :Wednesday , 10th August 2016
For the last two decades the government devoted its finance,time and human resources for road construction and tremendous results have been achieved. The double digit economic growth also attributed to the road and transport sector development though much remains to be done.Inaugurating the 28.1-kms Lebu-Akaki- IT Park Goro road connecting the city with Addis-A. . .Kenya's Infrastructure Projects On Track, Set To Have Huge Economic Impact
Posted on :Tuesday , 9th August 2016
The Kenyan government's infrastructure projects are on track and are set to have a huge impact on the country's economic growth, says Infrastructure and Transport Cabinet Secretary (Minister) James Macharia.The Minister, who singled out the Standard Gauge Raiway (SGR) project, said Monday that the multi-billion-dollar project, which is 88 per cent complete, had. . .East Africa: Brazil Keen On Links With East Africa
Posted on :Tuesday , 9th August 2016
Arusha — Brazil, an economic giant of South America, is keen to promote stronger economic ties with East Africa, its ambassador to Tanzania Carlos Alfonso iglesias Puente revealed here on Tuesday."The Brazilian business community already has a significant presence in Tanzania and Kenya, especially in construction, energy and solid waste management se. . .Please Select an Option
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