N e w s

AFDB Group and Jetro to Sign MOU in Infrastructure and Private Sector Development

 The African Development Bank Group (comprised of the African Development Bank and the African Development Fund (AfDB/ADF) and the Japan External Trade Organization (JETRO) will sign a Memorandum of Understanding (MOU) on August 26, 2016 at the Sixth Tokyo International Conference on African Development (TICAD VI) in Nairobi, Kenya   The objective of the MOU is to establish a general framework to promote collaboration between them in.... Read more »

Posted on : Saturday , 27th August 2016

Ethiopia sets up $10 million ceramic factory to stem imports

 The Himrawi Investment and Trading Private Limited Company has invested $10million in construction of a ceramic factory as the country looks to local industries to tame biting shortage.   According to the company general manager Frealem Shibabaw the company has conducted studies and ascertained mineral wealth at Sekota area in Amharic State, Northern Ethiopia.   Ethiopia exports eight million tiles from China annually. The.... Read more »

Posted on : Friday , 26th August 2016

Africa: Dar, Lusaka Review Legal Hitches to Revitalise Tazara

 Tanzania and Zambia governments are reviewing Tanzania-Zambia Railway Authority (TAZARA) Act of 1995 to allow private investments in the joint-owned railway and make it run commercially.   Addressing stakeholders of TAZARA in Dar es Salaam yesterday during a trilateral cooperation of Zambia, Tanzania and China to mark 40th Anniversary of the authority, Assistant Director in the Department of Monitoring and Evaluation from the.... Read more »

Posted on : Friday , 26th August 2016

Tanzania: NHC Rolls Out Big Dodoma Housing Plan

 Civil servants and employees from the private sector have been assured of adequate accommodation in the designated administrative city of Dodoma, as the National Housing Corporation (NHC) seeks to raise 60bn/- to put up between 300 and 500 houses in the capital.   Even with the envisaged development in Dodoma, the corporation maintained that it will continue undertaking projects in Dar es Salaam, given its strategic location,.... Read more »

Posted on : Thursday , 25th August 2016

President Uhuru Kenyatta asks landowners to support infrastructural projects

President Uhuru Kenyatta has asked those with land through which infrastructural projects are passing through to surrender it. Otherwise, the President said the government will forcibly seize it.   The President said a few individuals will not be allowed to stand in the way of projects that could save billions of shillings wasted in traffic jams. He blamed landowners for delaying theprojects.     "Nairobi loses Sh147.... Read more »

Posted on : Thursday , 25th August 2016

Buildings worth millions to come down as Naivasha-Nakuru highway expands

Buildings worth billions of shillings will be brought down in Naivasha after the government embarked on expanding the Nairobi-Nakuru highway.   The highway authority had began marking affected buildings in preparation for the construction of the dual-carriage between Rironi and Nakuru town.   KeNHA held a meeting with affected traders at Kayole estate on Tuesday.   Officials said tens of buildings, including an upcoming.... Read more »

Posted on : Wednesday , 24th August 2016

Sh12.5bn Industrial Park attracts foreign investors

 Foreign investors dominate are in a dash for warehouses in the Sh12.5 billion Infinity Industrial Park in Nairobi even before construction starts, the project's realtor has revealed.   This validates recent real estate sector's data indicating high demand for industrial spaces in major towns, making Infinity one of Kenya's largest international parks. A report by Oxford Business School said occupancy for industrial areas remains.... Read more »

Posted on : Wednesday , 24th August 2016

China Wu Yi to set up Sh10bn building materials plant

Chinese conglomerate China Wu Yi is building a Sh10 billion housing materials plant in Athi River after bagging major tenders in the country.   The factory, expected to be complete in June, will manufacture precast materials that will also be sold to other construction firms.   The multinational is putting up the plant through its locally incorporated subsidiary China Wu Yi Precast (Kenya) Company Limited.   Its chairman Qiu.... Read more »

Posted on : Tuesday , 23rd August 2016

Tanzania Central Corridor Railway Construction to Start in December 2016

 The construction of Tanzania’s standard gauge railway (SGR) along the central corridor is set to start in December 2016. The 2,190km railway involves the construction of a SGR from Dar es Salaam-Tabora-Isaac-Mwanza, Tabora-Mpanda-Kalemela, Tabora-Kigoma and Uvinza-Isaac-Keza-Msongati. According to Makame Mbarawa, Tanzania’s Minister of for Works, Transport and Communications, the SGR project will be completed in 4 phases over.... Read more »

Posted on : Tuesday , 23rd August 2016

SA moves to secure water sources

The Department of Water and Sanitation (DWS) is consulting stakeholders to get input on the National Groundwater Strategy.   The strategy is aimed at ensuring water security in South Africa and to optimise water resource management.   Consultations are taking place throughout the country. Last Thursday, stakeholders in Mpumalanga were engaged for their inputs and comments.   The stakeholders in attendance came from different.... Read more »

Posted on : Monday , 22nd August 2016

Kenya: Chinese-Built Highway Delights Kenyans, Stimulates Business

 Nairobi — Before the Kenyan government mooted plans to expand Thika Road in 2009, commuters would waste hours on traffic gridlock.   Many commuters wished for the day the road would be traffic jam-free so that they would cut down on time and fuel.   Since completion of the 50km highway that links Nairobi and the satellite town of Thika, residents living along the road, which has since acquired the name of Thika Super.... Read more »

Posted on : Monday , 22nd August 2016

Kenya: New Sh10 Billion International Airport to Be Constructed in Embu

A Sh10 billion international airport is set to be built in Embu, Governor Martin Wambora has announced.   Mr Wambora said his administration was working with the national government to extend the airstrip at Don Bosco and transform it into international standards.   A group of foreign investors, he said, had agreed to elevate the airstrip for commercial purposes.   He said a concept paper was already being worked on by the.... Read more »

Posted on : Monday , 22nd August 2016



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