Venue: KICC, Nairobi, Kenya
Dates: 05 - 07 June 2024
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.
Kenya’s Automobile Industry Booming, Despite Challenges
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.
Deloitte report ranks Kenya high in infrastructure projects
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.
Washington To Help Kenya Raise $18 Billion For Oil Pipeline
The U.S. government says it will help Kenya get the financing it needs to build an $18 billion pipeline from the oil fields in the country's northwest to its southeastern Indian Ocean coast to help it become a net exporter of oil.
The pipeline would stretch nearly 500 miles from Lokichar in Kenya's Great Rift Valley to the coastal town of Lamu, and would be an almost impossibly expensive project for the East African nation. Yet there is enough oil there to make the plan worthwhile. The pan-African financial institution Ecobank Transnational Inc. says it has proven reserves of about 1 billion barrels of crude oil.
E-commerce gains traction in rural Kenya
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%.
Waste Not, Want Not: Turning Harvest Waste Into Electricity
Across Africa countries are committed to scaling up renewable energy production to meet their growing energy needs. However, this will require bold thinking and innovation to deliver affordable and reliable power solutions that can be rapidly deployed. When even waste material can be used to produce energy, it's a win-win situation all round.
Africa's first grid-connected anaerobic digester plant on Gorge Farm in Kenya was developed by Tropical Power and is operated by independent power producer Biojoule. The Gorge Farm Energy Park, launched in August 2015, uses organic waste and sunshine to produce renewable power, both of which are plentiful on the 800ha vegetable farm.
Kenya: Cisco & Seacom unveil start-up hub in Mombasa
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.
Additional transmission lines to support geothermal development in Kenya
Kenya Electricity Transmission Company (KETRACO) Managing Director Fernandes Barasa told Xinhua in Nairobi on Sunday that additional transmission lines will be constructed to produce 1646MW of geothermal and 630 MW of wind power in the next five years.
The aim is to increase the proportion of renewable energy in our power mix,Barasa said, noting that the East African nation wants to reduce its reliance of diesel power generators in remote areas.