Market News

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 investm . . .

Nairobi - Kenya's construction sector is expected to recover this year on the back of the government's continued implementation of investor-friendly reforms as well as large-scale infrastructure projects aimed at boosting regional integration and economic diversification.This is according to a repor . . .

James Macharia, Transport Cabinet Secretary has assured that the government will complete the construction of 408 kilometres of tarmac roads in Nairobi's informal and thickly population settlements by December 2021.Macharia who spoke after reviewing the construction of the new tarmac roads in Nairob . . .

Expansion works on the US $2bn Rironi-Mau Summit highway in Kenya is set to begin in September this year. This is according to Transport Cabinet Secretary James Macharia.“We are set for expansion of the Rironi-Maai Mahiu-Naivasha highway this September.  It will improve connectivity between C . . .

Newly constructed Lamu port project has officially been opened by President Uhuru Kenyatta with the target to link Kenya to South Sudan, Ethiopia and therefore the middle belt of Africa.Two other berths are likely to be launched before the end of the year.The project is part of the Lappset which com . . .