Market News

East Africa: KFAED signs US$15mn agreement for road development
East Africa: KFAED signs US$15mn agreement for road development
19 December 2015

 The Rwandan government and the Kuwait Fund for Arab Economic Development (KFAED) have signed a US$15mn concessional loan to support the construction of the Nyagatare-Rukomo road project in Rwanda roadconstruction klinkow pixabayRwanda, which is a landlocked nation, is in dire need of good roa . . .

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China Pledges Support to Accra Compost and Recycling Plant
China Pledges Support to Accra Compost and Recycling Plant
18 December 2015

The Chines government has pledged to offer assistance to the management of the Accra Compost and Recycling Plant (ACARP) to ensure efficient management of liquid waste in the country.   Addressing journalists after a tour of the Accra Compost and Recycling Plant at Adjen Kotoko in Accra on Tu . . .

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Construction of first undersea museum in sub-Sahara Africa to begin in Kenya
Construction of first undersea museum in sub-Sahara Africa to begin in Kenya
18 December 2015

 Plans to construct first underwater museum in sub-Sahara Africa is set to begin in Kenya, National Museums of Kenya (NMK) coast region assistant director for sites and monuments, Mr Athman Hussein Athman, has announced.   Athman was speaking during a workshop, sponsored by Unesco, the N . . .

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Probase Kenya to tarmac roads in Embu at a cost of US$ 38.5 Million
Probase Kenya to tarmac roads in Embu at a cost of US$ 38.5 Million
18 December 2015

 The County government of Embu has signed contract with Probase Kenya a  Malaysian based construction firm to construct and tarmac roads across the county at a cost of US$ 38.8 Million.   Embu County governor Martin Wambora said that the county signed the contract after the court ru . . .

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Kenya: Embu Signs Sh3.8 Billion Road Project Contract
Kenya: Embu Signs Sh3.8 Billion Road Project Contract
17 December 2015

The Embu government has signed a Sh3.8 billion contract with a Malaysian company to tarmack county roads.   Governor Martin Wambora yesterday said this is in line with a court ruling last Friday that county governments should manage their roads.   The Council of Governors sued the nati . . .

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