N e w s

Record breaking figures at Kenya's biggest construction trade exhibition

The 25th BUILDEXPO KENYA 2024 is back in Nairobi from the 05th to 07th June 2024 at the Kenyatta International Convention Center (KICC). This year the event is bigger than ever with exhibitors from 43 countries. The annual international trade event will be inaugurated by Mr. Juma Mukhwana, the Principal Secretary, for the State Department of Industry, Ministry of Investments, Trade, and Industry, Govt. of Kenya on the 05th of June at 11 AM. The.... Read more »

Posted on : Friday , 3rd May 2024

$2 Billion Massive New Nairobi Airport to be Constructed in Kenya

The President of the Republic of Kenya, His Excellency Dr. William Samoei Ruto, is set to tap financial support from the United States of America during his visit that he is poised to make to the capital of US Washington DC in the coming month for the upcoming New Nairobi Airport project is set to help the capital of Kenya, Nairobi, attract more international passengers to places like the US, the United Kingdom (UK), and also the Middle East..... Read more »

Posted on : Friday , 3rd May 2024

Kenya: Government Prioritizes to Fast-Track Key Infrastructure Projects

The government is committed to accelerating the implementation of key infrastructure projects in counties with the help of the National Government Development-County Implementation, Coordination and Management Committees (NGD-CICMC). As stated by Kwale County Commissioner Stephen Orinde, the government strategies to wrap up megaprojects as swiftly as possible so that they can fully contribute to the economy at large. Orinde stated that the.... Read more »

Posted on : Tuesday , 30th April 2024

Ruto's Multi-Million Plan to Host the 2027 Africa Cup of Nations (AFCON) Tournament in Kenya

Kenyan President William Ruto congratulated the country's selection to co-host the African Cup of Nations (AFCON) in 2027 and shared information about upcoming construction and renovations in an official dispatch from the executive office.In preparation for the 2027 Africa Cup of Nations (AFCON), Kenya is constructing a number of stadiums to highlight its dynamic infrastructure and illustrious sports legacy. With this great hosting opportunity.... Read more »

Posted on : Tuesday , 2nd April 2024

$112 Million Contract Signed for the Construction of Dr. Samia Suluhu Hassan Stadium in Tanzania

Tanzania, Kenya, and Uganda are co-hosting the 2027 AFCON, Africa's largest international men's football championship. In preparation of that, Tanzania recently inked a $112 million agreement for the construction of the anticipated Dr. Samia Suluhu Hassan Stadium in the Arusha region. The signing ceremony took place at the Benjamin Mkapa Stadium in Dar es Salaam. During the event, Tanzania's Minister of Culture, Arts, and Sports, Dr. Damas.... Read more »

Posted on : Thursday , 28th March 2024

World Bank Greenlights Sh1 Trillion Funding for Dar es Salaam Metropolitan Development Project

Dar es Salaam's road network is about to undergo a significant modification, thanks to the upcoming commencement of Phase Two of the Dar es Salaam Metropolitan Development Project (DMDP). This decision comes amid a loan agreement worth Sh988.9 billion was signed with the World Bank (WB) last week. DMDP Phase Two will include the upgrading of a 250-kilometer stretch of road infrastructure to asphalt standards, as well as the construction of.... Read more »

Posted on : Tuesday , 27th February 2024

JICA's $1.3 Billion Funding Kickstarts Africa's Largest Cable-Stayed Bridge Project in Kenya

The Japanese International Cooperation Agency (JICA) is providing the funding to the Kenya National Highway Authority (KeNHA) for the construction of the bridge project, which is estimated at US$1.3 billion (about 200 billion Kenyan shillings). JICA will fund 80% of the bridge project, with the Kenyan government covering the other 20%. Principal Secretary for Roads Joseph Mbugua stated, "The Kenyan government is committed to ensuring the.... Read more »

Posted on : Wednesday , 31st January 2024

Kenya Gives Go-Ahead to Massive $3.6 Billion Nairobi-Mombasa Expressway Project

Under a public-private partnership (PPP), the 473-kilometer Nairobi-Mombasa Expressway has been approved for its initial phase of construction. This was disclosed by the Treasury, which made it possible for the road construction project to go into the development stage. The Nairobi-Mombasa Expressway project, according to the Treasury, is anticipated to eliminate the severe traffic jams and lethargic speeds between Mombasa and Nairobi. It.... Read more »

Posted on : Tuesday , 2nd January 2024

WHERE TO INVEST IN AFRICA 2024

Amidst the global highs and lows, Africa emerges as a beacon of opportunity, inviting investors to explore a wealth of potential in the coming year.Renowned Kenyan businessman and financial expert, Nazir Jinnah, shares insights on key areas ripe for investment, highlighting the continent's untapped potential.Jinnah emphasizes the growing momentum in Africa's embrace of sustainable practices, particularly in renewable energy projects.With solar.... Read more »

Posted on : Tuesday , 12th December 2023

Tanzania Government Set to Ink 15 Road Construction Contracts Totalling Over 1 Trillion

The Tanzania Roads Agency (TANROADS) intends to sign 15 contracts for the construction of asphalt roads and bridges for 1.034 trillion shillings to boost infrastructure services in the country. This statement was made by Innocent Bashungwa, Minister of Construction, during supplementary replies in Parliament in Dodoma during the Fourth Session, 13th Meeting. According to Bashungwa, the projects will be implemented using local funding.... Read more »

Posted on : Wednesday , 29th November 2023

Sh500 Million Industrial Park to Be Built In Nyeri, Kenya

An agreement has been signed by the County Government of Nyeri and a local contractor for the building of an aggregate and industrial park in the Kieni constituency, valued at Sh500 million. In the next 24 months, the park a collaborative effort between the national and county governments will be operational, according to Chief Officer in Charge of Trade George Mwangi. Each of the two tiers of government would put in Sh250 million for the.... Read more »

Posted on : Friday , 3rd November 2023

Annual Funding of Ksh1 Billion Would Be Provided for Renovation of Kenyan Airstrips

The Government of Kenya has set aside Ksh1 billion annually for Kenyan Airstrips, which will be used to promote freight and passenger transportation as well as the tourism industry by constructing and renovating airstrips located all around the country. The expansion projects, according to Cabinet Secretary of Transportation Kipchumba Murkomen, are primarily intended to accommodate large aircraft. The CS continued by stating that their.... Read more »

Posted on : Tuesday , 3rd October 2023



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