Latest Business News - Africa

US$116m set aside for construction of two open markets in Kenya

The Government of Kenya is planning to construct a US$ 74.2m open market in Athi River, Machakos County and another US$ 42m market in Murang’a, Murang’a County. East African Affairs,  Read More..

Posted on : 30 Nov,-0001

ARM Cement to increase investments in East Africa

East African cement maker ARM Cement has announced an increase in investments across the region as the demand for cement continues to rise. A statement from the company revealed that ARM Cement  Read More..

Posted on : 30 Nov,-0001

Construction of US$ 2.76m Dongo Kundu bypass in Kenya to start early next year

Permanent Secretary in the ministry of Transport John Mosonik has said that construction of the Dongo Kundu bypass in Mombasa will start early next year. The much awaited infrastructure project is  Read More..

Posted on : 30 Nov,-0001

Tanzania to double cement production

A senior officer in the Tanzania government has said last week that the country will seek to double production of cement in the next coming few years in order to satisfy the increasing demand of the  Read More..

Posted on : 30 Nov,-0001

KCB to finance local Kenyan contractors

In a move that help local contractors compete better with foreign contractors, Kenya Commercial Bank has offered to finance local contractors who are willing to build roads government’s  Read More..

Posted on : 30 Nov,-0001

Cretum launches US$25.2m real estate project in Kenya

Cretum Properties has launched a US$25.2m real estate project dubbed Green Isinya City. The launching was done at the Intercontinental Hotel in Nairobi on Tuesday this week, in the presence of the  Read More..

Posted on : 30 Nov,-0001

Exporters targeting the hub of East Africa at Prime building events

AFRICA'S MOST DYNAMIC BUILDING & CONSTRUCTION EXHIBITIONS The 18th Edition of BUILDEXPO is all set to bring to you the latest products, equipment and machinery to the East African  Read More..

Posted on : 30 Nov,-0001

New referral hospital to be built in Eldoret, Kenya at US$ 563m

The Government of Kenya will construct a new referral hospital in Eldoret at a cost of US$ 563m. 200 acres of land have already been set aside for the construction project near the Eldoret’s  Read More..

Posted on : 30 Nov,-0001

Construction of a new oil terminal in Kenya to cost US$ 120m

Niras, an engineering firm based in Denmark has been awarded a contract by the Kenya Ports Authority for the design of a new oil terminal that will replace the existing Kipevu Oil Terminal (KOT).  Read More..

Posted on : 30 Nov,-0001

Kenyan Cement Maker To Build $19m Coal Power Plant

Kenya’s National Cement, a member of the Devki Group of Companies plans to build a Sh1.7 billion ($19 million) coal-fired power plant to feed its clinker manufacturing and limestone mining  Read More..

Posted on : 30 Nov,-0001

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