Premier real estate developer Cytonn Investments is planning to construct a US $125m residential-cum-commercial development project in Kiambu County, Kenya. The project will accommodate 6,500 people and also comprise of a five star hotel.   The intent is to convert a 100-acre Kiambu coffee plantation into the mega project and it will be made possible through a special purpose joint venture with local as well as foreign.... Read more »

Posted on : Saturday , 6th January 2018

An expansion in communications, transport and construction sectors is being eagerly expected by East African economies for the year 2018.  Tanzania's economy is expected to expand by 7.1 per cent in 2018, up from an estimated 7 per cent this year and it’s Finance and Planning Minister Philip Mpango has vowed to boost public investment in infrastructure, including a standard gauge railway, new roads and expansion of.... Read more »

Posted on : Thursday , 7th June 2018

Government of Tanzania has approved a major project to develop a port and an adjoining industrial zone in Tanzania by the Oman Sultanate’s State General Reserve Fund (SGRF), along with its partner China Merchants Ports (CMPorts).   The proposal includes dredging of the navigational channel, construction of a port and logistics park, and the development of the portside industrial free zone. The whole project is encompassed under the.... Read more »

Posted on : Wednesday , 29th November 2017

 Work has commenced on the construction of Africa’s tallest building in Kenya. His Excellency; the President of Kenya laid the foundation stone to this landmark project recently. The twin tower development dubbed Pinnacle Towers will have 70-floors with mixed-use purpose, and will be located in Nairobi’s Upperhill area.    With cost of US$ 194m for it to be complete, the building will have the highest viewing deck in.... Read more »

Posted on : Wednesday , 29th November 2017

Kenya is on it's way to construct the the largest dam in East Africa. Thwake dam will be constructed in the Eastern part of the country. On 15th Nov 2017, the government signed a Ksh.36.9 billion contract with Chinese contractor China Gezhouba Construction Group Corporation, paving way for work to start. As a part of the Vision 2030 initiative, this project is jointly funded by the Kenyan government and the African Development Bank and will.... Read more »

Posted on : Wednesday , 29th November 2017

 China Merchants Port comprehensive project proposal has been agreed and accepted by the Tanzanian government which has now officially submitted its letter of approval for the Bagamoyo Special Economic Zone venture. According to Tanzanian Ambassador to China Mr Mbelwa Kairuki, the letter was submitted to the China Merchants Port Managing Director, Bai Jingtao, on the 10th of November, 2017.   “With the approval by the Cabinet.... Read more »

Posted on : Friday , 17th November 2017

 With the African Development Bank (AfDB) looking for financial partners capable of investing US $385.2m towards the construction of the highway connecting Kenya and Tanzania, construction work on the US $751.3m Kenya-Tanzania Highway is set to begin in 2018.   According to AfDB Chief Regional Program Officer, Lawson Zankli, US $289m has already been set aside for the construction of the long awaited Malindi-Bagamoyo highway and the.... Read more »

Posted on : Friday , 17th November 2017

 The Kenya government in partnership with the World Bank is funding the construction of a mega project which is being developed by Chinese firm-Aviation Industry Corporation of China (AVIC). The US $30m road authorities office complex in Nairobi, Kenya is currently 40% complete is expected to be  ready for occupation in late 2018.   KeNHA director-general Peter Munindia confirmed the reports and said that the project is set to.... Read more »

Posted on : Friday , 17th November 2017

Kenya is planning on constructing a brand new road connecting Mombasa and Nairobi instead of expanding the existing highway. Scrapping the plan to upgrade the current road into an expressway, the government has decided to construct a brand new six-lane expressway that will run alongside the existing road. In three years, traveling from Mombasa to Nairobi will have at least four major connections. The Train (Standard Gauge Railway (SGR)), which.... Read more »

Posted on : Tuesday , 5th December 2017

 The Rwandan economy could expand to 6 percent in 2017 and a further 7 percent in the following year, according to President Paul Kagame.    This growth could be credited to domestic demand and better commodity pricing.    The economic index of Rwanda is projected to experience a rapid rise this year and the year after that follows as industries such as tourism, mining and financial services grow.   The rate.... Read more »

Posted on : Thursday , 9th November 2017

 In a historic event for Rwanda’s cricket fraternity, the country’s very first international cricket stadium was launched.     The brand new ‘Gahanga Cricket Stadium’ covers 4.5 hectares and was inaugurated by Paul Kagame, the President of Rwanda.   The stadium was funded mainly by international cricket players keen to see the sport take flight in Rwanda. The cost of construction amounted to.... Read more »

Posted on : Wednesday , 1st November 2017

Wood-Mizer started trading in 1982 with the successful launch of the company’s first LT-type sawmill. The simple to use, portable and affordable sawmill was an immediate success. Sawmillers were now able to produce accurately sawn quality timber normally only associated with costlier mills.The availability of affordable sawmilling technology that could grow businesses that support families, develop economies, spark manufacturing,.... Read more »

Posted on : Monday , 30th October 2017