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New airport in Rwanda seeks to boost tourism

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Mota-Engil, the African division of Portuguese construction firm has announced that it has signed a deal to build an international airport in Rwanda at a cost of $818-million, the company and government officials said.

The construction of thew new Bugesera International Airport was mulled in 2011 when it was first announced that the government was seeking for private sector to design, build, finance, maintain and operate the airport through a 25-year concession.

Readmore..... Saturday, 03 September 2016 06:13

Dangote shakes Kenya’s cement market with imports from Ethiopia

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Nigeria’s Dangote Cement has embarked on a shake-up of Kenya’s cement market with imports of cement from its plant in Ethiopia in preparation for establishment of a local manufacturing plant.

Dangote’s entry into the Kenya’s cement market with low-cost cement from Ethiopia is expected to drive prices downward in a market where they have remained static for almost 10 years.

Readmore..... Thursday, 01 September 2016 12:13

Construction begins for Wangari Maathai Institute in Kenya

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The construction of an ultramodern centre at the University of Nairobi in memory of Nobel Laureate Wangari Maathai has kicked off in Kenya.
The Institute estimated to cost US$1.4 billion has been designed by South African firm dhk Architects.
Kenya’s President Uhuru Kenyatta this week laid the foundation stone for the Wangari Maathai Institute for Peace and Environmental Studies at the university.

Readmore..... Wednesday, 31 August 2016 11:54

Kenya launches dualisation of road notorious with traffic jams

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Kenya has launched the dualisation of road that will see the road, notorious with traffic jams expanded. The road dualisation project is expected to cost around KSh1.3bn(US$13m).

Ngong road is known for being one of the most congested roads in Nairobi County. A commuter can take several hours before reaching the city centre.World Bank reports that Nairobi loses up to Sh12 billion on monthly basis due to traffic jams.

Readmore..... Tuesday, 30 August 2016 12:37

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