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 [...]BOC Kenya Plc Net Earnings Ups 33.9% to KSh 198.1m
BOC Kenya Plc recorded a net profit of KSh 198.1 million for the year ended 31st December 2023 compared to net earnings of KSh 147.9 million in 2022, an increase [...]
Investors Bet on Naivasha's Green Energy, Infrastructure to Set Shop
Proximity to a green power generation plant and its access by both rail and road networks is setting Naivasha as the next big industrial hub in Kenya. The Japanese car [...]Nairobi Roads Closed, Construction and Permits Halted as City Floods
The ongoing floods in Nairobi have prompted the urban roads regulator's decision to close some roads, and the county government's decision to temporarily halt major construction and excavation work until [...]How Collaboration Drives Government Infrastructure Projects
In the world of global infrastructure development, collaborative efforts between governments, international institutions, and private entities play an important role in realizing successful completion of any project. The success of [...]Moderna Halts Plans for Kenya Vaccine Plant After US$1 bn Loss
American Biotech company, Moderna, has suspended its construction of a vaccine-manufacturing plant in Kenya after registering a US$ 1 billion loss prompted by less demand for COVID-19 vaccines since 2022. [...]AfDB Sanctions Chinese Firm for Graft in Uganda
The African Development Bank Group (AfDB) has reached a negotiated settlement with China Henan International Cooperation Group over failure to disclose it used a commission agent for a road project [...]What 75-Floor Buildings Will Mean for Nairobi
Nairobi’s future is vertical and compact, the capital’s Governor Johnson Sakaja said on Sunday while outlining recent changes to allow densification in previously low-density areas. “Nairobi is 696 square kilometers. [...]EPRA in Plan to Cap Frequency of Power Outages at 20 per Year
EPRA (Electricity and Petroleum Regulatory Authority) is toying with the idea of limiting the number of times a customer is hit by a power outage to 20 per annum. Further, [...]
