N e w s

Tallest residential apartments in Africa - 88 Nairobi Condominium Rising

Lordship Africa a prominent real estate development company has broken ground on what is planned to be the tallest private residential building in sub-Saharan Africa. itting on a two-acre piece of land on the corner of Bishop’s Road and 4th Ngong Avenue, the landmark residential development will have 44 floors. According to the developer, the 88 Nairobi Condominium in Upper Hill area features a 44-floor, high-end, dedicated residential.... Read more »

Posted on : Friday , 9th February 2018

Rwanda and Tanzania agree on joint construction of the SGR from Isaka to Kigali

 In a meeting of finance ministers from Rwanda and Tanzania on Monday in Dar es Salaam, Tanzania, consideration was given the finance matters regarding accomplishment of the two countries’ US $2.5bn joint 521 km Isaka-Kigali SGR (Standard Gauge Railway) project.    Amb. Claver Gatete, the Rwandan Minister for Finance and Economic Planning, and his delegation including the Permanent Secretary and Secretary to the Treasury,.... Read more »

Posted on : Monday , 5th February 2018

CONSTRUCTION WORK IN FULL SWING THE TALLEST BUILDING IN AFRICA

'The Pinnacle’ in Nairobi, Kenya, with a height of 300m is on track to become the tallest skyscraper in Africa, easily exceeding South Africa’s 223m Carlton Centre. With the foundation stone laid by Kenyan President Uhuru Kenyatta, construction has begun on the mega structure. Located in Nairobi’s vibrant financial hub called Upper Hill and situated at a distance of only 16km from Jomo Kenyatta International Airport, this.... Read more »

Posted on : Saturday , 20th January 2018

New multiuse project planned for Kiambu county

 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

East Africa Upbeat About Economic progress in 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

Mega port project in Tanzania gets a landmark go-ahead

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

Tallest building in Africa - Construction work begins

 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 beginning construction of the largest dam in East Africa

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

BAGAMOYO PROJECT - Comprehensive project proposal has been accepted

 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

Kenya-Tanzania, transnational highway project set to start in 2018

 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

New US $30m Office Complex For Road Authorities In Kenya

 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

State of the art expressway to be constructed in Kenya, Investment of US$2.9bn

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



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