Venue:¬† KICC, Nairobi, Kenya
Dates: 07th to 09 th May, 2015
Timing: 10 am to 6 pm
Business Visitors Only.
Kenya, a melting pot of opportunities is a thriving business centre. With a growing economy, stable socio-political Government and a developed infrastructure in place, Kenya offers corporations the ideal avenue for investments. Its proximity to the Middle East, Gulf and Europe, together with its easy access to the major ports of the region, enhances its international trade. The country‚Äôs economic policy is a free market-oriented one. It aims at paving the way for faster economic development of the country through private enterprise and individual initiatives. Kenya emerges as one of the largest importers in Africa being centrally located. Kenya also has the largest economy in east Africa and is a regional financial and transportation hub.
The BASF Group, one of the largest chemical companies in the world, has opened a new production plant for concrete admixtures in Kenya as it seeks to position itself for the ongoing infrastructure projects in the country.
The company offers chemical solutions for new construction, maintenance, repair and renovation of structures among them concrete admixtures, and cement additives.
An artistic Impression of the Standard Gauge Railway project, whose construction is to start in October. The construction of the Standard Gauge Railway (SGR) has started to take shape after the contractors put up a mobilisation site in Mariakani. Principal Secretaries in the MInistry of Transport and Infrastructure Eng John Mosonik (infrastructure) and Nduva Muli (transport) led a government delegation to inspect the facility at Ngwasheni, Mariakani, 30 kilometres from Mombasa.
Johannesburg and New York-listed oil explorer, CAMAC Energy, on Wednesday said CAMAC Energy Kenya had granted seismic contracts for the acquisition of 2D seismic surveys on Block L1B onshore Kenya and Block L16 partly onshore and partly offshore Kenya.
Both deals are on condition of further negotiations and the official endorsement of a final settlement for the provision of seismic services, CAMAC said on Wednesday.
Shelter Afrique has extended Sh100 million to Jamii Bora Bank Limited (JBBL) that will be used by the bank for offer mortgages for low cost housing.
The loan agreement is meant to enhance the bank‚Äôs ability to lend for the purpose of purchasing low-cost residential housing, incremental building and home improvement.
Kenya has invited bids for construction of two new geothermal plants as part of the country's plan to boost electricity production by 5000MW in three years. The new plants, with a capacity of 60MW, will be completed by the end of 2014 and is part of several projects designed to tap into Kenya 10,000 MW geothermal power potential, according to Oxford Business Group's most recent economic update on energy.
Rapid construction of commercial and residential buildings to meet rising demand has made the artisans, popularly known as fundis, one of the most-sought in the sector.
This has pushed their wages up as many property developers need them.
In Nairobi, the unskilled artisans, whose work mainly involves mixing sand and cement and ferrying building materials, are currently demanding a wage of between 8 U.S. dollars and 9.1 dollars a day, up from 3.4 dollars about three years ago.
East African investment firm, Centum last week experienced a ground breaking increase in its share price, closing the week at Sh55.50 ($0.63).
The local investors bullish run came after the firm clinched a Sh184 billion ( contract to set up a 96MW coal plant in Lamu.