Adani Signs USD 736m Power Deal with Kenya Amid Controversy
Indian billionaire Gautam Adani’s power transmission unit, Adani Energy Solutions, has signed an agreement with the Kenya Electricity Transmission Company Limited (KETRACO) to develop, finance, and maintain key power infrastructure [...]
Tatu City's Telco Crosses 1,000 Customers, 85kms Fibre Network Milestone
Tatu City's telecoms company, Tatu Telecom, has crossed the 1,000 customers mark after laying 85kms of fibre optic cable within the development, parent company Rendeavor said in a statement on [...]Parliament Halts Adani JKIA Deal, Outlines Key Areas for Special Audit
The National Assembly investments committee has ordered the Kenya Airports Authority (KAA) to suspend all further engagements with Adani Group until it conducts a forensic audit. “This Committee cannot avoid [...]
US Leads Financing for Angola-Zambia Railway ahead of Biden Visit in October
Angola and Zambia have signed a concession agreement with the Africa Finance Corporation (AFC) for the infrastructure solutions provider to connect railway lines in both countries, in a deal that [...]Bidding for KShs 7.6bn Outering Road BRT Project Restricted to South Korean Firms
Bidding for the Sh7.6 billion ($59 million) Nairobi's Outering Bus Rapid Transit Line (BRT) project is now and is restricted to firms from the Republic of Korea, according to the [...]Kenya Railways Denies Breakdown of Diesel Multiple Units
Kenya Railways has said all its Diesel Multiple Units (DMUs) which operate under Nairobi Commuter Rail (NCR) service are in good shape, contrary to media reports. Acquisition of DMUS was [...]Tanzania's Foreign Ministry Launches Twin Towers' Construction in Nairobi
The government of Tanzania has listed one more property in its real estate investment across the world after the country's foreign affairs minister, January Makamba, launched the construction of the [...]Safaricom Ethiopia Receives Locally-Made Towers ahead of US$ 1.5 Billion Investment
Telecoms giant Safaricom has announced that it will erect 13 cell towers in Ethiopia its first batch received from Woda metal industry, an Addis Ababa-based tower manufacturer. The quality [...]Kenya Signs $3.6 billion Agreement for Development of Nairobi-Mombasa Expressway
Time spent on the road by motorists between Mombasa and Nairobi is set for a significant reduction following signing of an agreement between the Kenya National Highways Authority and Everstrong [...]CCI Global Sets Up US$ 50 Million Facility in Tatu City
Business Process Outsourcing (BPO) company, CCI Global, aims to create 5,000 jobs for Kenyans after launching its 17th contact center in Tatu City, investing US$ 50 million in a five-storey [...]Admaius Capital Partners Makes A Majority Equity Investment in Rwandan Telecom Towers Operator TRES
Admaius Capital Partners (“Admaius”), an Africa focused private equity investor operating across several growth markets, has today announced its majority equity investment into TRES Infrastructure Limited, the only local licensed [...]Why Nairobi is Rationing Water Despite Heavy Rains
Nairobians will still experience water rationing, with some areas getting low water pressure, despite the ongoing heavy rains, the Nairobi City Water Sewerage Company said in a statement on [...]
