Market News

  • Macro investments to boost trade in East Africa

    Posted on :Thursday , 25th October 2018

    Recent economic research and forecasts have found that investments in East African infrastructure construction are set to expand rapidly. Total infrastructure construction output in the region’s largest markets of Rwanda, Ethiopia, Kenya, and Tanzania, is expected to grow from USD 25.9 billion in 2017, to USD 98.8 billion in 2022.

    At present there are about 287 large scale publi. . .

  • Construction work on road linking Kenya and Burundi complete

    Posted on :Thursday , 4th October 2018

    Construction work on the 1,545 km road linking the port of Mombasa and Burundi dubbed the Mombasa-Bujumbura highway is now complete and is set to increase trade  between the two countries.

    Transport Cabinet Secretary James Macharia, confirmed the reports and said the road which is part of  the Trans-African Highway, links the port through Holili, Singida-Kobero border a. . .

  • Nairobi CBD will soon boast of the largest mall space in Kenya

    Posted on :Saturday , 29th September 2018

    British architecture firm aLL Design and Nanyuki Cedar Mall developer Kiloran Development Group Kenya is set to construct the largest mall space on the periphery of Nairobi’s City Centre.

    The development will aim to become a stand alone retail leisure destination but will also have offices. The shopping mall which will be christened ‘The Beacon’ is planned to be set on. . .

  • Tallest high rise in Africa to be developed in Malindi Kenya

    Posted on :Friday , 21st September 2018

    Watamu shoreline, in Malindi Kenya is set to have the tallest high rise in Africa eclipsing the Pinnacle Tower in Nairobi's Upperhill region that stands at 70 stories and 300 meters in stature and as at now is the tallest high rise in the landmass.

    The Palm Exotica upon fruition will tower a tallness of 370 meters, and will be a 61-story building. It was outlined by Italian engi. . .

  • 30, 0000 Low Cost Homes to Solve Kenya's Housing Needs

    Posted on :Wednesday , 9th May 2018

    Keeping in mind the 'Big Four' agenda, Kenya is all set to build 30,000 low cost homes in the region. The project will see the light in the region of East Nairobi with 5,000 houses in Shauri Moyo, 20,000 houses in Makongeni, 3,000 houses in Starehe and 2,000 units in Park Road estates.

     
    State House spokesperson Mr. Manoah Esipisu informed that the project will be com. . .

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