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Market News

  • Major cement plant in Kenya to be constructed

    Posted on :Thursday , 24th September 2015

    Cemtech Limited is set to commence in January the construction of a US$ 95m cement plant in Kenya in West Pokot County.

    The feasibility study for the project which was commissioned in 2010 by the Kerio Valley Development Authority (KVDA) shows that the area has large limestone deposits with the possibility of producing 1.2 million tons of cement annually.

    Cemtech&r. . .

  • Kenya: Nairobi County Govt to Spend Sh953 Million to Rehabilitate Roads

    Posted on :Thursday , 24th September 2015

    Kenya to host Sh23bn machinery plant

    Posted on :Wednesday , 23rd September 2015

    The manufacturing sector will benefit from Sh23 billion boost after a Kenyan firm Bico partnered with German machinery maker Liebherr Group to establish an assembly plant in Nairobi. Speaking in Kilifi, Bico-Liebherr founder Andrew Malunga Buraje said they are finalising the necessary investment documentation before the plant is put up in Nairobi towards the end of this year. "We have put . . .

  • Clover Mulls Building South Africa\'s First Dairy Mega-Factory

    Posted on :Wednesday , 23rd September 2015

    Clover Industries Ltd. is considering building South Africa’s first dairy mega-factory to boost exports to the rest of the continent from a country that consumes about 98 percent of the milk it produces, potentially countering the need for future volume and price cuts.

    The proposed plant will be built near Estcourt in the eastern KwaZulu-Natal province for 890 million rand . . .

  • Kenya signs on to extend Mombasa railway through to Naivasha

    Posted on :Wednesday , 23rd September 2015

    The Kenyan government has signed a new agreement that will extend the Mombasa-Nairobi standard gauge railway (SGR) line to Naivasha, a town lies about 120 kms northwest of the capital. The deal was signed by China Road and Bridge Corporation (CRBR) Chairman Wen Gang and Kenya Railways Managing Director Atanas Maina during a Cabinet Steering Committee on SGR meeting chaired by President Uhuru Ke. . .

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