Market News

  • Mwache Multipurpose Dam construction to begin in November

    Posted on :Tuesday , 26th October 2021

    The construction of the Mwache Multipurpose Dam, whose contract was signed in August 2018 and delayed for several years as the constructor awaited the government to finalize the land compensation exercise is set to begin next month (November 2021).

    This was announced by Joseph Irungu, the Permanent Secretary (PS) for Water in the Ministry of Water, Sanitation, and Irrigation adding that t. . .

  • Kenya's first Sh1.5 trillion high-speed highway

    Posted on :Tuesday , 26th October 2021

    The Nairobi-Mombasa Expressway project to be executed by Bechtel Corp has revised it's plan to build the motorway and recoup its costs through tolls. The American contractor contracted to build the 473-kilometer expressway has estimated that the Public Private Partnership (PPP) model will cost Sh1.5 trillion — five times the budget.

     

    According to the Parliam. . .

  • Government of Kenya launches US$ 4.6m water project in Nyali, Mombasa

    Posted on :Tuesday , 19th October 2021

    The National Government of Kenya recently launched an over US$ 4.6M water project in Nyali, a residential area, and Sub-County within Mombasa City on the mainland north of Mombasa County.

    The project, which is a part of a close to US$ 12M water program in the coastal County, is set to significantly improve water services for the residents of Kongowea, Maweni, VOK, and Kisumu Ndogo.

    . . .

  • In the Narok County of Kenya, a new sanitation system has been installed.

    Posted on :Monday , 23rd August 2021

    Kenya has constructed a new sanitation system in Narok Town, using improved technology that is anticipated to endure more than a century without regular repairs and breakages.

     

    The county administration, in collaboration with a local firm Megapipes, announced the installation and stated that the system will service the town, which had no sanitation infrastructure until late 20. . .

  • UK to develop 10,000 green affordable houses in Kenya

    Posted on :Wednesday , 4th August 2021

    The United Kingdom (UK) is set to develop 10,000 green affordable houses in Kenya. This follows a US $48M commitment made by the UK Climate Investments (UKCI) and FSD Africa Investments (FSDAi) towards a Kenyan green affordable housing venture.

    Managing Director of UKCI, Richard Abel said the investment is an inspiring opportunity to simulate how sustainable building structures can help c. . .

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