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Market News

  • Kenya: Building Companies Trying Out Benefits of Polystyrene Homes

    Posted on :Thursday , 2nd June 2016

    Kajiado — Building companies are trying out polystyrene construction which offers good insulation, and uses less water and wood

     
    Justus Opiyo lives in one of around 50 polystyrene houses in a new development in Kajiado County, southeast of Nairobi, and says it has a major advantage over his previous homes.
     
    "Its temperature re. . .

  • Ethiopia's Grand Dam Well on its Way to Completion

    Posted on :Saturday , 21st May 2016

    The people and government of Ethiopia have recently celebrated the fifth year anniversary of the Grand Ethiopian Renaissance Dam (GERD), a multi-billion dollar hydro electric project, being constructed on the Blue Nile river, in the Guba Woreda, Benshangul-Gumuz State.

    They are cognizant to the fact that constructing the Dam has many fringe benefits to the country's economic grow. . .

  • Construction of Ethio-Kenya Road almost complete

    Posted on :Thursday , 12th May 2016

    The construction of  Ethio-Kenya Road  linking Kenya to Ethiopia is set to be completed soon; this is according to The Kenya National Highways Authority (KeNHA).

     
    Regional Director for Eastern Africa Resource Centre of the African Development Bank Group, Mr. Gabriel Negatu confirmed the reports and said that the road which covers 121km of Merille-Marsabit a. . .

  • Kenya: Portland Cement Seeks Partnership from Govt in Housing Deal

    Posted on :Saturday , 16th April 2016

    East African Portland Cement Company (EAPCC) may be wooing the government into a real estate deal after the company failed to get approval to sell part of their land last year.

     
    The listed cement maker's chief operating officer Albert Sigei told Lands Cabinet Secretary Prof Jacob Kaimenyi this week that the company was interested in partnering with government to put . . .

  • Kenya: Cytonn Begins Construction of Sh2.5 Billion Housing Estate in Nairobi

    Posted on :Wednesday , 13th April 2016

    Real estate and investment firm Cytonn has begun construction of its Sh2.5 billion lifestyle community in Ruaka on the outskirts of Nairobi.

     
    The Alma, which is to be completed within three years, is targeting the middle to lower-middle income class with discerning tastes for modern day apartments.
     
    Cytonn is offering the 1, 2 and 3 bedr. . .

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