CBK Floats KSh 25.6 Billion Infrastructure Bond
The Central Bank of Kenya(CBK) has floated a KSh 25.6 Billion Infrastructure Bond, to assist the Government finance various infrastructure projects. Sale of this six-year infrastructure bond begun on 14th [...]
Tatu City Progress Since Inception
Ever since Tatu City was gazzetted as a Special Economic Zone in June 2017, it has recorded positive growth developmentwise in the aspect of: Over 20km of tarmac roads Over [...]
High-Speed Train to Connect Zambia, Zimbabwe, Mozambique
US- based infrastructure and development company, Railnet International, has signed an agreement with Zambia, Zimbabwe and Mozambique, to invest roughly $11 billion (KSh 1.1 trillion) in building a modern railway [...]Naivasha Dry Port Lacks Infrastructure
Inadequate infrastructure, ranging from poor connectivity, inefficient clearing systems and limited space for cargo verification, has stalled business at the Naivasha dry port. The KSh6.9 billion dry port is yet [...]Standard Chartered Arranges $ 1.46 Billion Financing to Fund Tanzania's SGR Project
The Government of Tanzania Ministry of Finance has signed a facility agreement with Standard Chartered Tanzania for a $ 1.46 billion term loan financing to fund the construction of the [...]Uganda Seeks $118 Million From China for Roads
Uganda is set to borrow $118 million (KSh 11.8 billion) from China’s Industrial and Commercial Bank to help in the construction of three roads. The roads are key to the [...]
