Japanese Prime Minister Shinzo Abe will attend the 6th Tokyo International Conference on African Development (TICAD) in the capital city of Nairobi for the two-day conference, which will mark the first time summit to be held in Africa, sources close to the prime minister confirmed Tuesday.   The external link of TICAD was launched by the government here in 1993, with the previous five related events also held in Japan aimed at planning.... Read more »

Posted on : Tuesday , 16th August 2016

Around the world, industrial parks have become significant vehicles for countries to provide competitive environments for industries to take off. Cognizant to this fact, the government of Ethiopia prioritized to the development of industrial parks to accelerate the economic transformation, promote and attract both domestic and foreign investors.   The Industrial Parks Development Corporation (IPDC) has built about ten industrial parks,.... Read more »

Posted on : Tuesday , 16th August 2016

The Turkish business community on Friday launched a major drive to popularise their construction and building products with a view to penetrating the East African market.   Turkish Ambassador to Kenya Deniz Eke said Turkey manufacturers were ready to form partnerships with Kenyan traders to promote their products.   Ambassador Eke said the deal would involve exploring ways to make the products locally.   She said that this.... Read more »

Posted on : Monday , 15th August 2016

BENISHANGUL-GUMUZ, Ethiopia — Ethiopia is seeking rapprochement with Egypt through the media after years of rising apprehension over the Grand Ethiopian Renaissance Dam of the Blue Nile watershed.   The tension arose almost as soon as then-Ethiopian Prime Minister Meles Zenawi laid the foundation stone in April 2011 for the now almost-finished dam.    Political and technical negotiations between the capitals, Cairo and.... Read more »

Posted on : Monday , 15th August 2016

At the weekly State House Summit yesterday, plans for the construction of a Sh38 billion overpass from Mlolongo suburb to Westlands and the imminent launch of a Sh15 billion light train between Jomo Kenyatta International Airport and the city centre were unveiled. These are key projects that will surely transform the lives of city commuters in a big way. And they  couldn't have come at a better time.   Over time, Nairobi's population.... Read more »

Posted on : Friday , 12th August 2016

An elevated road with two lanes is part of President Uhuru Kenyatta‘s plan to decongest Nairobi. The Sh38 billion double-deck road between Mlolongo and Westlands that is set to be constructed from next year, when completed, will render the city‘s traffic nightmare a thing of the past.     Motorists would, however, have to pay every time they want to use it at toll stations. Transport Cabinet Secretary James Macharia.... Read more »

Posted on : Friday , 12th August 2016

Speaking on Capital in the Morning show, Macharia stated that the government has accelerated the process of construction and tarmacking of roads countrywide to serve all Kenyans.   He pointed out that a major achievement is the construction of the Isiolo-Moyale Road connecting Kenya to the Ethiopia border, which when completed will be about 500 kilometres.   “We launched only about six months ago a program to do our rural.... Read more »

Posted on : Thursday , 11th August 2016

Wang said the Chinese investments and commitments to Kenya in the last three years were mainly in infrastructure and the establishment of industrial parks in Kisumu, Mombasa and Nairobi.   “It is our hope that mega projects like the Standard Gauge Railway (SGR) will leverage Kenya’s position as a regional trade and investment hub,” Wang said.   The Chinese Foreign Minister said he was pleased that the SGR has.... Read more »

Posted on : Thursday , 11th August 2016

Railway lines built by Chinese firms in African countries are becoming a model of China-Africa cooperation in industrial capacity, China's Foreign Minister Wang Yi said during his visit to Kenya on Wednesday.   Wang cited the Nairobi-Mombasa railway line as an example during a joint press conference with his Kenyan counterpart Amina Mohamed after their talks and a meeting with President Uhuru Kenyatta.   The railway line, funded by.... Read more »

Posted on : Thursday , 11th August 2016

For the last two decades the government devoted its finance,time and human resources for road construction and tremendous results have been achieved. The double digit economic growth also attributed to the road and transport sector development though much remains to be done.   Inaugurating the 28.1-kms Lebu-Akaki- IT Park Goro road connecting the city with Addis-Adama Expressway yesterday, Prime Minister Hailemariam Dessalegn said that.... Read more »

Posted on : Wednesday , 10th August 2016

Mwanza — Implementation of 14.5 million Euro (about 35bn/-) water project will soon start in Mwanza's Ilemela Municipality under the European Investment Bank funding. Ilemela Municipal Director John Wanga said here over the weekend that the project, upon completion, will help to address water woes currently facing some parts of the municipality. The director was speaking at a full council meeting, which among other things, aimed at.... Read more »

Posted on : Wednesday , 10th August 2016

The Kenyan government's infrastructure projects are on track and are set to have a huge impact on the country's economic growth, says Infrastructure and Transport Cabinet Secretary (Minister) James Macharia.   The Minister, who singled out the Standard Gauge Raiway (SGR) project, said Monday that the multi-billion-dollar project, which is 88 per cent complete, had already contributed to 2.0 per cent of the country's gross domestic product.... Read more »

Posted on : Tuesday , 9th August 2016