Market News

According to Kenya Ports Authority, the second phase of the Sh32 billion Port of Mombasa's second container terminal, which began in September 2018, has been finished (KPA). The port authorities revealed the information after confirming that the project had been completed by the Japanese contra . . .

Work on the new Nairobi Railway City Project will begin in two months. It will include eight lines and four extra lines for freight services when finished in two years. Speaking at the Serena Hotel at the introduction of the final design by the UK and Kenyan government members, Transport Principal S . . .

The Nairobi Expressway project, which has been in the works since mid-2020, is almost finished, ushering in a new era in Kenyan road construction. The contractor is presently putting the finishing touches on the 27.1-kilometer elevated roadway, according to the Kenya National Highways Authority . . .

East Africa has more than $435 billion of active projects, of which $221 billion are under construction.  A fast-growing population that will increase by 25 per cent over the next ten years drives the demand for infrastructure development. East Africa consists of 20 countries and a combine . . .

The construction of an Shs 20 Billion low-cost housing project in Kiambu county, comprising of 4,000 units has been officially launched by real estate companies, Heri Homes and Finsco Africa.  The mega project, dubbed Legacy Ridges, will sit on a 200-acre land in the sixth largest urban center . . .