Kenya Breaking News, Business Information, Articles, Africa - kenyadetails

US construction firm shows interest in funding Kenya’s Six-Lane highway

Construction of Kenya’s six-lane highway moved a notch higher after Kenyan and US government and a California-based construction and engineering firm Bechtel held a successful meeting.

Head of the US government’s Overseas Private Investment Corporation (Opic) Elizabeth Littlefield and Bechel signed what they called a letter of interest regarding Kenya’s Six-Lane highway that is Nairobi-Mombasa highway project on the sidelines of the US-Africa Business Forum in New York early this week.

Read more...

Dangote shakes Kenya’s cement market with imports from Ethiopia

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.

Read more...

Kenya banks on underground power network to end interruptions

In a bid to end frequent power cuts, utility firm Kenya Power is in the process of implementing a Sh13bn underground power network project in Nairobi. The cabling project is expected to reinforce the Nairobi City Centre bulk power supply system by providing alternative supply to the existing substations.

Read more...

Construction begins for Wangari Maathai Institute in Kenya

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.

Read more...