Real estate stimulates growth
The real estate sector, long a significant source of inbound foreign capital, has undergone a structural shift in recent years. Prior to the global economic crisis in 2008, many of the sector’s marquee projects consisted of high-end and luxury tourism, residential and mixed-use developments.
Kenya Power seeks Sh29bn loan for transmission lines
Electricity distributor Kenya Power is negotiating a Sh29.3 billion loan from the Chinese government to finance the conversion of its overhead cables to underground lines in Nairobi, Kisumu, and Mombasa.
Kenya’s Portland Cement On The Prowl For Acquisitions
Kenya’s East African Portland Cementplans to expand after returning to profit during the six months ended December, boosted by cost cutting and improved cement sales, Reuters reported on Monday.
Building wind farms in Kenya
How are you supporting investors in Kenya’s wind power sector?
Ashurst has been advising the developer, Aeolus Kenya Limited, in relation to the development and financing of a 60MW onshore wind project in Kinangop.
