Venue: The Dome, Nairobi, Kenya
Dates: 04th ‚Äď 06th June, 2016
Timing: 10.00 am to 06.00 pm
Business Visitors Only
Kenya has a well-developed building and construction industry with quality engineering, building and architectural design services being readily available. This industry is currently on an upward trend following re-habilitation and reconstruction of roads and bridges etc.
With increase in population, and growing demand for affordable housing, opportunities exist in the construction of residential, commercial and industrial buildings including prefabricated low-cost housing. Investors can also manufacture and supply construction materials and components for the sector.
Bidco Africa¬†which manufactures daily consumer products has began the construction of¬† a US$ 40m beverage plant in Kenya with commissioning planned for mid 2017.
The new beverage plant in Kenya, to be constructed in Thika will comprise of a production and bottling facility for non-carbonated still drinks, carbonated soft drinks and water and will be funded by theInternational Finance Corporation (IFC).
Two Phillipine-based companies have entered an agreement with Kenyan start-up Wanda Organic to establish bio-organic fertiliser manufacturing plants in Nakuru and Laikipia counties by the end of the year-end.
Under the tripartite agreement, ELR Family Trading Inc and Richfund International Company Ltd will provide technical support to Wanda Organic to produce fertiliser branded Plantmate Bio-Organic.
The fertiliser is a result of over 40 years of biotechnology research in Southeast Asia, Australia and the Middle East.Wanda said Monday the product has been successfully tested in Machakos and Makueni counties where farmers reported up to 30 per cent yield increases.
Kenya continues to lead the region in terms of infrastructure development with 20 roads, energy, harbors,water and energy projects. Ethiopia comes second with 12 projects according to a report compiled by consultancy Deloitte.
Large mega projects for the last three years occupied up to 20 per cent of all the total capital investment in Africa with a cumulative worth of US$568 billion, a big chuck of it coming from financiers and foreign aid such as the¬†World Bank¬†and even China.
Kenya and Uganda are among the top 10 preferred African countries for hotel developments, with hotels planning to add new rooms this year.
The two countries have been ranked seventh and 10th respectively in a recent survey by W Hospitality, a global company providing advisory services for the hotel, tourism and leisure industries.
Eight global hotel chains, among them Radisson, Hilton, Sheraton, Marriott and Kempinski, plan to add 1,510 rooms in Kenya while in Uganda nine international hotels, among them Hilton and Sheraton, plan to build 1,397 rooms.
Kenya's rural population is increasingly taking to the internet and aggressively placing orders online catching up with their urban counterparts, an internal survey by¬†Jumia Kenya¬†has revealed.
According to the survey, which was revealed by the company, of the over 3,000,000 web visits sampled, urban traffic to the Jumia site stood at 77% in 2014 with rural traffic at 23% while urban deliveries accounted for 61% and rural 39%. In 2015, urban traffic maintained lead at 60% as rural traffic recorded a 17% rise to stand at 40%. Urban deliveries receded by 6% to 55% compared to 61% the previous year with rural deliveries climbing to 45%.
With the recent introduction of one of the luxury car dealer Porsche on its market, the automobile industry in Kenya has been immediately ranked as one of the most dynamic sectors of the East African economy competing on pricing and brand reputation, despite the challenge related to the availability of spare parts.
Among the key auto industry looking to launch their assembly factory in Kenya in a move to avoid 25 percent currently being applied on imported vehicles, it includes India's Tata Motors which is looking to make strategic investments in East Africa through f ighting for dominance in jeeps and pickup truck market by 2017.
Cisco Systems, Seacom, and the National Museums of Kenya (NMK) have partnered to create a technology hub in Mombasa. The hub, which has been named SwahiliPOT, has been created to target software developers from universities based in the coastal town.
The report reveals that MNK has donated office space, while SEACOM is preparing to provide 40 MB of its high-speed Internet service for free. Cisco, according to the report, is providing computing hardware.¬† Despite being a landing station for undersea fibre optic cables from Seacom, TEAMs, Eassy and Lion, Mombasa town has no start-up technology hub.