Market News
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KNBS notes rising demand of cement in Kenya as construction industry booms
Posted on :Monday , 21st September 2015
Manufacturers of cement in Kenya are racing to meet high demand of cement in the wake of many infrastructure construction projects and booming real estate industry in the country, Kenya National Bureau of Statistics (KNBS) has observed.
According to statistics from the (KNBS), the production of cement in Kenya last year was 5.88m tones which is a 16 per . . .Japan to fund the construction of a research centre in East Africa
Posted on :Friday , 18th September 2015
Japan through its agency, Japan International cooperation Agency is set to construct a research centre in Ethiopia that will serve as a training and research center throughout Africa.
The construction project dubbed Kaizen institute will be built on a 3,000sqm piece of land at Sar Bet near the African Union in Addis Ababa.An agr. . .Kenya-South Sudan road construction gets funding from World Bank
Posted on :Wednesday , 16th September 2015
The World Bank has released US$512m for the construction of the Kenya-South Sudan road and also for the laying of the fibre optic cable which will eventually enhance trade between the two countries.
South Sudan’s ICT minister Rebecca Joshua Okwaci and her Kenyan counterpart Fred Matiang’i signed a memorandum of understanding in January this year, p. . .960km Eldoret-Juba road in Kenya to start construction
Posted on :Tuesday , 15th September 2015
The 960km Eldoret-Juba road in Kenya is set to start construction after being neglected for 30 years.
Kenha chairman Erastus Mwongera said the Kenya and South Sudan governments have coordinated the improvement of the highway to ensure social and economic benefits are met.Turkana County Governor Josphat Nanok confirmed the report. . .Dubai based Metito wins US$29mn African Infrastructure project contracts
Posted on :Monday , 14th September 2015
UAE water firm Metito has announced its participation in four municipal water projects in Egypt
Metito wins US29mn Egyptian water project contracts Metito’s involvement in the four municipal water projects is worth a combined US$29mn.The company, which has its headquarters in Dubai, will take advantage of the recent economic recovery in Egypt to particip. . .Please Select an Option
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