Market News

 Kenya’s road network expanded by 16 per cent in 2014 and the first 40 km of the new Mombasa-Nairobi standard gauge railway project has also been completed According to Central Bank of Kenya’s Economic Survey 2015, total number of paved roads reached 13,000 km last year, up from 11 . . .

 Spring Lights Gas (SLG) which is one of the largest Piped gas suppliers for KwaZulu Natal Industry is set to commission a new compressed natural gas (CNG) Plant in Southern Durban before the end of this year.   The CEO of Spring Light Gas, Nkosinathi Solomon noted recently that construc . . .

 A US$ 70m iron sheet factory has been inaugurated in Kiambu County, Kenya by Devki Group. The new factory is projected to be able to produce 300,000 tonnes of iron sheets in Kenya annually.   The development which is under the group’s affiliate, Maisha Mabati Mills Ltd, is the lar . . .

 Top Japanese firms are set to land Egypt’s US$45 Billion city construction that will kick off in few months time. According to the Egyptian government sources six Japanese firms are likely to implement Egypt’s new city project. The country’s daily Amwal Alghad said that the . . .

 Africa's Trade and Industry ministry is set to construct a world class furniture manufacturing city in Damietta which is located towards the Mediterranean Sea. According to Egypt’s minister for trade & industry Mounir Fakhry Abdel Nour the project which is located 15km from the Mediterra . . .