Market News

  • Ruto's Multi-Million Plan to Host the 2027 Africa Cup of Nations (AFCON) Tournament in Kenya

    Posted on :Tuesday , 2nd April 2024

    Kenyan President William Ruto congratulated the country's selection to co-host the African Cup of Nations (AFCON) in 2027 and shared information about upcoming construction and renovations in an official dispatch from the executive office.

    In preparation for the 2027 Africa Cup of Nations (AFCON), Kenya is constructing a number of stadiums to highlight its dynamic infrastructure and illus. . .

  • JICA's $1.3 Billion Funding Kickstarts Africa's Largest Cable-Stayed Bridge Project in Kenya

    Posted on :Wednesday , 31st January 2024

    The Japanese International Cooperation Agency (JICA) is providing the funding to the Kenya National Highway Authority (KeNHA) for the construction of the bridge project, which is estimated at US$1.3 billion (about 200 billion Kenyan shillings). JICA will fund 80% of the bridge project, with the Kenyan government covering the other 20%.

     

    Principal Secretary for Roads Joseph Mbu. . .

  • Kenya Gives Go-Ahead to Massive $3.6 Billion Nairobi-Mombasa Expressway Project

    Posted on :Tuesday , 2nd January 2024

    Under a public-private partnership (PPP), the 473-kilometer Nairobi-Mombasa Expressway has been approved for its initial phase of construction. This was disclosed by the Treasury, which made it possible for the road construction project to go into the development stage.

     

    The Nairobi-Mombasa Expressway project, according to the Treasury, is anticipated to eliminate the severe t. . .

  • WHERE TO INVEST IN AFRICA 2024

    Posted on :Tuesday , 12th December 2023

    Amidst the global highs and lows, Africa emerges as a beacon of opportunity, inviting investors to explore a wealth of potential in the coming year.

    Renowned Kenyan businessman and financial expert, Nazir Jinnah, shares insights on key areas ripe for investment, highlighting the continent's untapped potential.

    Jinnah emphasizes the growing momentum in Africa's embrace of sustainable. . .

  • Sh500 Million Industrial Park to Be Built In Nyeri, Kenya

    Posted on :Friday , 3rd November 2023

    An agreement has been signed by the County Government of Nyeri and a local contractor for the building of an aggregate and industrial park in the Kieni constituency, valued at Sh500 million.

     

    In the next 24 months, the park a collaborative effort between the national and county governments will be operational, according to Chief Officer in Charge of Trade George Mwangi. Each o. . .

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