Kenya Archives - Page 17 of 17

CONSTRUCTION OF US$10m COMPLEX IN NAIROBI

Posted on November 16, 2017 by Gambeta News

US$10m complex to be constructed in Nairobi. The construction of a four-storey complex which is to serve as a teens and children centre at All Saints Cathedral have been set to take place in Nairobi, Kenya. The complex will cost US$10m and would contain a modern amphitheater with a capacity to hold 1,000 persons as well as 36 classrooms for use by younger children. This report was confirmed by the Cathedral Provost Sammy Wainaina, who said that the…

CYTONN TO CONSTRUCT US $125M BUILDING IN KENYA

Posted on November 14, 2017 by Gambeta News

Residential-cum-commercial building to be constructed in Kenya by Cytonn Investment. Cytonn Investment which focused on offering alternative investment solutions to global institutional investors, individual high net-worth investors, local institutional investors and Diaspora investors interested in the East-African region is set to construct a US $125m a residential-cum-commercial development in Kimabu County, kenya. The project which is expected to accommodate 6,500 people will also comprise of a five star hotel. The location for the project which was originally a 100-acre…

CONSTRUCTION OF US$751.2m KENYA TANZANIA HIGHWAY BEGINS IN 2018

Posted on November 10, 2017 by Gambeta News

AfDB says construction of Kenya-Tanzania highway is set to begin by 2018 According to Lawson Zankli, AfDB Chief Regional Program Officer, although the African Development Bank (AfDB) is currently looking for financial partners who will be able to invest US$385.2m for the construction of the highway that will connect Kenya to Tanzania, it has said that construction work on the US$751.3m Kenya-Tanzania Highway is set to begin in 2018, as it has already set aside US$289m for the…

KENYA POWER SIGNS CONTRACT FOR LAST MILE CONNECTIVITY PROJECT

Posted on November 10, 2017 by Gambeta News

Second phase of Kenya’s Last Mile Connectivity Project (LMCP) begins. Kenya’s utility company, Kenya Power, have signed 23 contracts for the implementation of the government initiative termed Last Mile Connectivity Project (LMCP), which aims to connect the entire country to the national electricity grid. The project which is already in its second phase, is funded jointly by the African Development Bank (AfDB) and the World Bank. With AfDB providing 87% of the funds while World Bank…

KENYA’S MINISTRY OF TRANSPORT AND HOUSING TO CONSTRUCT 8000 HOUSES

Posted on November 9, 2017 by Gambeta News

Construction of 8000 housing project set to commence next month by the ministry of transport and housing in Kenya. The housing Project which will be set up on a 55-acre piece of land is expected to commence construction next month. The project is part of a larger plan to construct 1 million houses within the next five years that will be in line with building 200,000 units every year targeting the middle class. Transport and…

UNITED NATION’S LARGEST OFFICE IN AFRICA TO UNDERGOING EXPANSION

Posted on November 8, 2017 by Gambeta News

United Nation’s largest office in Africa set for further expansion after a successful feasibility studies. The office which is located in Gigiri, Nairobi is expected to undergo a US $70m face-lift which is in line with the environmental regulations so as to increase accommodation of staff and also ease accessibility for people with disabilities. The structure which has hosted diplomats for the last three decades in Gigiri is expected to be upgraded and a proposal has already been…

MINI-CEMENT PLANT CONSTRUCTION STALL DUE TO POLITICAL TENSION

Posted on November 2, 2017 by Gambeta News

Karsan Ramji and Sons company suspends construction of its US $4m mini-cement plant due to the country political tension. Kenya election is currently making wave around the continent of Africa for the wrong reason and it has gradual starting to affect the construction industry and different sectors in the country. Due to Political tension in the country, Karsan Ramji and Sons which is a cement-based company in Athi River just outside of Nairobi has decided to stop the construction…

HUAWEI LAUNCHES ICT TRAINING PROGRAM FOR AFRICAN STUDENTS

Posted on October 26, 2017 by Gambeta News

Huawei, a Chinese Tech company has officially began a program that is aimed at equipping African students with ICT skills. The program which is part of Huawei’s global Corporate Social Responsibility (CSR) platform and also its most heavily invested CSR activity is called “the Seeds for the Future program”. Last week a set of Kenyan students flew to China for a two weeks language, culture and ICT training. Their program commenced after an opening ceremony was held…

HUGE COMMERCIAL PROPERTY TO BE CONSTRUCTED IN NAIROBI

Posted on October 25, 2017 by Gambeta News

Gateway to invest in commercial property in Nairobi to promote its image in the continent of Africa. The commercial property which is set to commence soon will bring about a huge development in the country’s housing sector. The construction which is to take place along Mombasa Road will cost US$ 3m once it is completed. Gateway Delta Development Holdings which is a Mauritius-based real estate investor has already acquire five acre piece of land for the development from…

KENYA FIRST MATERIAL PLANT ALMOST COMPLETED

Posted on October 23, 2017 by Gambeta News

China Wu Yi limited set to complete Kenya first material plant that will store different item like construction hardware,ceramic tiles in march 2018. The building is expected to be the first in the region of where various items like construction hardware, ceramic tiles, bathroom and kitchen appliances among other things will be stocked. The project is been constructed by China Wu Yi limited which is the overseas arm of Fujian Construction Engineering Group Company. The material plant which…

JUMIA FOOD APPOINTS NEW MANAGING DIRECTOR

Posted on October 18, 2017 by Gambeta News

Jumia Food appoints new Managing Director who is keen on improving customer experience. Jumia Food Kenya, the online food shopping and delivery company with over 200 restaurants in Nairobi and Mombasa that supplies variety of cuisines including Kenyan, Chinese, Indian, Thai etc., have just appointed Shreenal Ruparelia to take over from Duncan Muchangi as the new Managing Director of the company. The appointment of Shreenal who have a rich background in Management Consulting, Start-Ups and eCommerce gathered…

KENYA AIRPORT AUTHORITY TO CONSTRUCT NEW RUNWAY AT JKIA

Posted on October 18, 2017 by Gambeta News

Jomo Kenyatta International Airport to get new runway that will help aircraft movement from 25 to 45 aircrafts per hour after Kenya airport authority secure loan from Africa development bank. Kenya airport authority (KAA) has gotten a US $189.2m loan from The African Development Bank (AfDB) to construct a new runway at the Jomo Kenyatta International Airport (JKIA) in Nairobi. The Jomo Kenyatta International Airport (JKIA) which is the seventh busiest airport in passenger traffic on the African continent will…

Safest Bank in Kenya – Stanbic Bank

Posted on October 16, 2017 by Gambeta News

Stanbic Bank have outshined its competitors as it was recently announced as the safest bank in Kenya. Global Finance, an International Financial Publication have ranked Stanbic bank as the safest bank in Kenya. Every year, Global Finance uses ratings from global ratings agencies like Moody’s, Standard & Poor’s and Fitch to rank the world’s safest banks. These global ratings agencies on the other hand, usually rate the banks based on evaluations of long-term foreign-currency. The…

CONTAINER TERMINAL SET TO BE BUILD IN MOMBASA PORT BY KPA

Posted on October 16, 2017 by Gambeta News

Mombasa port to get second container terminal after data showed by KPA of 11.9% growth in the first six month of 2017. The container terminal which is expected to cost US $339.2m will be constructed by the Kenya port authority (KPA) in Mombasa port of the country. The fund is a loan that was collected by the KPA from the Japanese government in other to construct the terminal which is the second container terminal in Mombasa…

US$2.5BN WIND PLANT CONSTRUCTION MOVED FROM KENYA TO TANZANIA

Posted on October 11, 2017 by Gambeta News

Swedish firm decides to move the 600mw wind power plant construction after kenya’s energy department cite lack of framework for renewable energy. VR Holding AB which is a Swedish firm has decided to move the 600mw wind farm construction from Kenya to Tanzania because the Ministry of Energy turned down the request citing lack of framework for renewable energy projects of that scale as well as low demand for electricity in the country. The project was turn…

WILO SET TO OPEN ASSEMBLY PLANT IN NAIROBI

Posted on October 11, 2017 by Gambeta News

Wilo to open new facility in Nairobi as part of their expansion into the East Africa region. Wilo which is one of the world’s leading manufacturers of pumps and pump systems for the building technology, water and industrial sectors is set to open an assembly plant in Nairobi that will serve the entire East African region. Wilo Country Manager, Belete Asnake; “Currently, we have hired 20 people for the new regional office and will however expand our…

KIAMBU MALL SET TO OPEN IN KENYA

Posted on October 3, 2017 by Gambeta News

US$ 8m Kiambu Mall to be completed and opened in December after reaching its final construction stage Kiambu which is a town in Kiambu county having a population of 88,869 is about to have its first and largest shopping mall in the area. The Mall is expected to comprise of 5 floors which include Basement, Ground Floor, 1st Floor, 2nd Floor, 3rd Floor and a Rooftop. Chairman of Mugaa Investment developer, Peter Burugu; ”The project was geared to…

CYTONN TOWER TO BE CONSTRUCTED IN KENYA

Posted on September 29, 2017 by Gambeta News

Cytonn real estate to construct a tower in kenya that will comprise of 180 hotel rooms, 160 serviced apartments, three-bedroom duplex apartments and penthouse suites, three basement parking floors with a capacity for 1,500 vehicles. The highrise building which is expected to cost US$ 194m will be constructed by Cytonn Real Estate and will have up to 35 floor upon completion. The tower is expected to sit on a four-acre piece of land at the junction of…

KENYA’S DRUG COMPANY TO CONSTRUCT NEW FACILITY

Posted on September 25, 2017September 25, 2017 by Gambeta News

Dawa limited plans new plant construction for the production and launch of its new drugs Dawa Limited which is one of the leading pharmaceutical manufacturers of human and veterinary medicines in Kenya and East Africa has announce plans to build a US$ 30m drugs factory in Nairobi. The new plant is expected to enable the company to launch its new line of drugs into the country which are to help ease pain and suffering among diabetic, hypertensive…

KENYA’S COURT FINAL RULING

Posted on September 21, 2017September 21, 2017 by Gambeta News

Kenya’s Supreme Court says it did not find evidence of vote rigging and that no official of the electoral commission was criminally culpable for the illegalities and irregularities that led to the nullification of the polls. The court also said it did not find any offence committed by President Uhuru Kenyatta. Opposition leader Raila Odinga has welcomed the ruling saying the people’s vote must count. That ruling may have thrown a temporary lifeline at the electoral…

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