Market News

Kenyan County Invites Chinese Investment
Kenyan County Invites Chinese Investment
23 December 2014

A Kenyan county on Monday called on Chinese investors to exploit opportunities that exist in infrastructure, agro-processing and tourism. Officer in Charge of Intergovernmental Coordinator at the Laikipia County Lantano Nabaala told a team of Chinese journalists that investors should tap the full g . . .

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WORLD BANK FUNDS CONSTRUCTION OF DAM IN KENYA
WORLD BANK FUNDS CONSTRUCTION OF DAM IN KENYA
23 December 2014

The International Development Association, World Bank's fund Kenya government $200 million (Sh18.12 billion) for the construction of a dam in Kwale County. Construction of Mwache Dam is intended to boost sustainable irrigation and access to clean water in the Coast region. The dam is one of the pro . . .

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Kenya: Finally, Konza City Gets a Road Through It
Kenya: Finally, Konza City Gets a Road Through It
22 December 2014

Nairobi — Deputy President William Ruto was on Monday to commission Konza Road that will open up the proposed Konza technopolis to infrastructural investment.   The accessible road is part of a raft of ongoing infrastructural efforts geared at laying a foundation for the commencement of . . .

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Kenya: Sh605 Million for Bungoma Feeder Roads Project
Kenya: Sh605 Million for Bungoma Feeder Roads Project
16 December 2014

The Bungoma county assembly has approved Sh605 million for rehabilitating roads in the county.   The funds are for the second phase of roads improvement scheduled to start in January.   Speaking in Bungoma town yesterday, Governor Kenneth Lusaka said the project targets mainly target f . . .

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Chinese developer to build Sh5bn high-end Kilifi resort
Chinese developer to build Sh5bn high-end Kilifi resort
12 December 2014

Chinese real estate firm Sultan Palace Development plans to construct a Sh5 billion high-end resort in Kikambala, Kilifi, targeting the luxury holiday homes market.   Sultan Palace said its investment is driven by a growing demand for beach resorts globally, with Kenya becoming a popular dest . . .

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