Market News

  • $2 Billion Massive New Nairobi Airport to be Constructed in Kenya

    Posted on :Friday , 3rd May 2024

    The President of the Republic of Kenya, His Excellency Dr. William Samoei Ruto, is set to tap financial support from the United States of America during his visit that he is poised to make to the capital of US Washington DC in the coming month for the upcoming New Nairobi Airport project is set to help the capital of Kenya, Nairobi, attract more international passengers to places like the US, t. . .

  • Kenya: Government Prioritizes to Fast-Track Key Infrastructure Projects

    Posted on :Tuesday , 30th April 2024

    The government is committed to accelerating the implementation of key infrastructure projects in counties with the help of the National Government Development-County Implementation, Coordination and Management Committees (NGD-CICMC).

     

    As stated by Kwale County Commissioner Stephen Orinde, the government strategies to wrap up megaprojects as swiftly as possible so that they can. . .

  • 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. . .

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