Latest Business News - Africa

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


Kenya's World Bank business ranking up

NAIROBI - Kenya’s business environment has slightly improved according to an index report released by the World Bank. Ease of Doing Business 2015 - which compiles investment climate data from  Read More..

Posted on : 30 Nov,-0001


Tanzania: Crown Invests Sh321 Million in Dar es Salaam Plant

Crown Paints has invested $3.6 million (Sh321.59 million) in a new manufacturing plant in Dar es Salaam, it announced yesterday. The money will be released in bits over the next 18 months. This  Read More..

Posted on : 30 Nov,-0001


NHC projects 1.0 trillion/- investment by 2015

National Housing Corporation (NHC) is optimistic that its total project investment will grow to 1.0 trillion/- next year, up from 800bn/- this year due to improved infrastructure in the  Read More..

Posted on : 30 Nov,-0001


Kenya to upgrade Moi International Airport at the cost of US$66m

The French Agency for Development (AFD) has signed a US$66m deal that will see the Moi International Airport in Mombasa being upgraded. The loan will be used by the Kenya Airports Authority (KAA) to  Read More..

Posted on : 30 Nov,-0001


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