Athi River Mining (ARM) Cement expects profitability to improve now that it produces its own clinker for its East African cement plants, the firm’s managing director has said. ARM Cement, East Africa’s second biggest producer after Bamburi cement, posted a pre-tax loss of Sh473.5 million ($4.5 million) in the first six months, which the firm blamed on unrealised foreign exchange losses associated with borrowing for its new.... Read more »

Posted on : Tuesday , 22nd September 2015

Plans are underway to reconstruct several roads in Kenyan capital Nairobi at a  cost of US$ 9m, Governor Evans Kidero has announced, adding that the city roads will be repaired and this is according to the county government’s Nairobi Integrated Urban Development Master Plan. The reconstruction of roads in Kenyan capital Nairobi will significantly reduce present and future vehicle operating costs, journey times and improve traffic.... Read more »

Posted on : Tuesday , 22nd September 2015

The construction of Renaissance dam in Ethiopia is in good course,Dam project director, Simegnew Bekele has announced. Bekele said that the project is steady and they believe it will be completed within the stipulated time. The director added that they are making sure that the project is constructed to standards as they are currently using the latest technology that will ensure the dam last for ages. The construction of Renaissance dam in.... Read more »

Posted on : Monday , 21st September 2015

 Manufacturers of cement in Kenya are racing to meet high demand of cement  in the wake of many infrastructure construction projects and booming real estate industry in the country, Kenya National Bureau of Statistics (KNBS) has observed.   According to statistics from the (KNBS), the production of cement in Kenya last year was 5.88m tones which is a 16 per cent increase compared to the previous year.   KNBS also said.... Read more »

Posted on : Monday , 21st September 2015

 Japan through its agency, Japan International cooperation Agency is set to construct a research centre in Ethiopia that will serve as a training and research center throughout Africa.   The construction project dubbed Kaizen institute will be built on a 3,000sqm piece of land at Sar Bet near the African Union in Addis Ababa.   An agreement was signed between Kimura Takusaburo, Japan International Corporation Agency’s.... Read more »

Posted on : Friday , 18th September 2015

 The World Bank has released US$512m for the construction of the Kenya-South Sudan road and also for the laying of the fibre optic cable which will eventually enhance trade between the two countries.   South Sudan’s ICT minister Rebecca Joshua Okwaci and her Kenyan counterpart Fred Matiang’i signed a memorandum of understanding in January this year, paving way for commissioning of the project.   “The entire.... Read more »

Posted on : Wednesday , 16th September 2015

 The 960km Eldoret-Juba road in Kenya is set to start construction after being neglected for 30 years.   Kenha chairman Erastus Mwongera said the Kenya and South Sudan governments have coordinated the improvement of the highway to ensure social and economic benefits are met.   Turkana County Governor Josphat Nanok confirmed the reports and said that the road will cost US$ 512m and will take six years for the construction to be.... Read more »

Posted on : Tuesday , 15th September 2015

 UAE water firm Metito has announced its participation in four municipal water projects in Egypt Metito wins US29mn Egyptian water project contracts Metito’s involvement in the four municipal water projects is worth a combined US$29mn.  The company, which has its headquarters in Dubai, will take advantage of the recent economic recovery in Egypt to participate to varying degrees in the four projects, in a deal worth around.... Read more »

Posted on : Monday , 14th September 2015

 The World Bank has released US$512m for the construction of the Kenya-South Sudan road and also for the laying of the fibre optic cable which will eventually enhance trade between the two countries.   South Sudan’s ICT minister Rebecca Joshua Okwaci and her Kenyan counterpart Fred Matiang’i signed a memorandum of understanding in January this year, paving way for commissioning of the project.   “The entire.... Read more »

Posted on : Friday , 11th September 2015

 Garden City one of East Africa’s largest mall has announced the construction of a new business park that will host a four star hotel.   The park will be developed on an additional 21 acres of land adjacent to the original 32 acre site that already hosts apartments and retail centres.   Michael Turner, Head of Actis Nairobi said that the new construction will also accommodate a hospital, green spaces and a pedestrian.... Read more »

Posted on : Friday , 11th September 2015

The Ethiopia-Djibouti railway line is expected to begin operations early next year, according to project officials railways Ethiopia is developing its transport sector in a bid to provide a boost to its economy.    The US$4bn project, which is being helmed by the China Railway Engineering Corporation and China Civil Engineering Construction, will be considerably completed by October 2015, said Ethiopian Railways Corporatin chief.... Read more »

Posted on : Friday , 11th September 2015

The World Bank has released over Sh54 billion to fund the laying of fibre optic cable and construction of a superhighway connecting Kenya and South Sudan.   The project, which runs concurrently in the two countries, was commissioned Wednesday following the release of the funds.   The fibre optic cable will be placed along the Lokichar – Nedapal road as the road is constructed.   South Sudan’s ICT minister Rebecca.... Read more »

Posted on : Friday , 11th September 2015