Market News

The Kenya & East Africa Management Services Company (KEAMSCO), working in partnership with the Kenya National Chamber of Commerce & Industry (KNCCI) will be hosting the inaugural LAPSSET Global Investment Conference in Nairobi on October 26th to 29 2015. The theme of the conference is Building Af . . .

Ethiopia on Sunday inaugurated a modern rail project that has been constructed by the China Railway Group (CREC) in the capital of the east African country. The electrified Addis Ababa Light Rail Transit (AA-LRT) is the first light railway on the African continent with two lines of a total length of . . .

 Cemtech Limited is set to commence in January the construction of a US$ 95m cement plant in Kenya in West Pokot County.   The feasibility study for the project which was commissioned in 2010 by the Kerio Valley Development Authority (KVDA) shows that the area has large limestone deposit . . .

Officials of the state-owned real estate developer say the project is part of the NHC ten-year strategic plan spanning 2015 and 2025. Speaking at the launching ceremony in Dar es Salaam, the NHC's Acting Director of Sales and Marketing, Mr Tuntufye Mwambusi, said the Bank of Tanzania (BoT) has alrea . . .

 Construction work for the long awaited multi-billion cement processing factory project at Sebit in West Pokot County will kick off early next year, company officials have confirmed. Cemtech limited, a subsidiary of India's Sanghi Group of companies will begin construction work for the Sh 12 bi . . .