Market News

 Presidents Uhuru Kenyatta and his Tanzania counterpart Jakaya Kikwete have heaped praise on the ongoing construction of 90KM Mwatate-Taveta road.   The two leaders said the road is in the East African Community programme of the developing missing links along the regional infrastructure . . .

The European Union (EU) has pledged 540 million Euros to boost road construction in Ethiopia especially in rural areas for the next five years. Mr Antonio Capone who is the infrastructure leader of EU delegation announced that the money will be used to continue what he referred to as “a rem . . .

Construction firm Dorra Group has announced plans to construct 10,000 residential houses in Egypt in a bid to tackle the current  demand for housing in the country. Managing director Omar Dorra said they intend to target the youth in their housing projectl. He said that they recently subm . . .

 President Uhuru Kenyatta has called for closer partnerships between governments, regional and international investors to bridge financing gaps in infrastructure development.   President Kenyatta said governments cannot single-handedly invest in every infrastructure needed in the entire . . .

 The construction market in Kenya is set for  cutthroat competition after X-Calibur Construction Chemistry Inc., a US-based construction products manufacturer said that it was constructing a concrete and cement additive manufacturing plant in Kenya aiming to tap on the wider  East Afr . . .