Market News

 Japan through its agency, Japan International cooperation Agency is set to construct a research centre in Ethiopia that will serve as a training and research center throughout Africa.   The construction project dubbed Kaizen institute will be built on a 3,000sqm piece of land at Sar Bet . . .

 The World Bank has released US$512m for the construction of the Kenya-South Sudan road and also for the laying of the fibre optic cable which will eventually enhance trade between the two countries.   South Sudan’s ICT minister Rebecca Joshua Okwaci and her Kenyan counterpart Fred . . .

 UAE water firm Metito has announced its participation in four municipal water projects in Egypt Metito wins US29mn Egyptian water project contracts Metito’s involvement in the four municipal water projects is worth a combined US$29mn.  The company, which has its headquarters in Du . . .

The Ethiopia-Djibouti railway line is expected to begin operations early next year, according to project officials railways Ethiopia is developing its transport sector in a bid to provide a boost to its economy.    The US$4bn project, which is being helmed by the China Railway Engineeri . . .

The World Bank has released over Sh54 billion to fund the laying of fibre optic cable and construction of a superhighway connecting Kenya and South Sudan.   The project, which runs concurrently in the two countries, was commissioned Wednesday following the release of the funds.   The f . . .