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Manufacturing Sector a Key Driver of Kenya’s Economic Development

August 2, 2023August 2, 2023

Kenya has an integral manufacturing sector that serves both the domestic market and exports to the East African region. The sector, which is controlled by subsidiaries of multinational firms, contributed …

Manufacturing Sector a Key Driver of Kenya’s Economic Development Read More

IFC is Co-Investing to Build 5,000 Affordable Houses in Kenya

July 31, 2023

The International Finance Corporation (IFC) plans to make a Sh2.96 billion ($20.9 million) equity investment in a US-owned Southern African asset management that is building 5,000 affordable residences in Kenya. …

IFC is Co-Investing to Build 5,000 Affordable Houses in Kenya Read More

Mining industry has potential to contribute up to 10% of kenya’s GDP according to the government

July 28, 2023

Government projections indicate that the mining industry might boost the country’s GDP by up to 10%. Principal Secretary for Trade Abubakar Hassan said at a business event. “The government of …

Mining industry has potential to contribute up to 10% of kenya’s GDP according to the government Read More

The EAC’s $103 Million Budget for 2023/24 Is Focused on Infrastructure Development

July 3, 2023

In an effort to open up the area, the East African Community (EAC) will give infrastructure development top priority in the fiscal year 2023–2024. This will mean an end to …

The EAC’s $103 Million Budget for 2023/24 Is Focused on Infrastructure Development Read More

PS promises the benefits of mining ventures to the general public

June 30, 2023

Mr. Kheri Mahimbali, Permanent secretary of the Ministry of Minerals, pledged to make sure that the government and the general public benefit appropriately from investments in significant mining projects. During …

PS promises the benefits of mining ventures to the general public Read More

Prefabricated houses are gaining demand in Kenya

June 9, 2023

Prefabs, usually referred to as prefabricated homes, are gradually gaining popularity in Kenya as builders adopt contemporary technology in an effort to avoid growing construction costs. These homes are constructed …

Prefabricated houses are gaining demand in Kenya Read More

Marula develops a subsidiary for graphite and copper in Kenya

June 8, 2023

To concentrate on securing both immediate and advanced copper and graphite mining possibilities in Kenya, mining and development company Marula Mining, with an emphasis on Africa, has launched a wholly-owned …

Marula develops a subsidiary for graphite and copper in Kenya Read More

Tanzanian Government Plans to Execute 1,546 Rural and 244 Urban Water-related Projects for the Financial Year 2023/24

June 8, 2023

The Tanzanian Government Plans on Focusing on Strategic Initiatives That Will Minimise Water Shortages and Increase the Availability Throughout the Entire Country. Water Minister Jumaa Aweso Said Yesterday That the …

Tanzanian Government Plans to Execute 1,546 Rural and 244 Urban Water-related Projects for the Financial Year 2023/24 Read More

Tanzania Announces Plans to Construct the Longest Bridge in Africa

June 8, 2023

The Tanzanian government plans to construct a bridge that would link the islands of Zanzibar with the country’s major commercial centre, Dar es Salaam. The 50-kilometer bridge is anticipated to …

Tanzania Announces Plans to Construct the Longest Bridge in Africa Read More

The Thika smart industrial city project has been allocated Sh5.7 billion

April 27, 2023April 27, 2023

Governor Kimani Wamatangi stated that the national government has directed Sh5.7 billion into the county’s account in order to develop Thika town in Kiambu County into a smart industrial metropolis. …

The Thika smart industrial city project has been allocated Sh5.7 billion Read More

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