The survey found that the firms looking to invest in Kenya also plan to ride on a growing middle class, which makes investment in the fast moving consumer goods (FMCG) segment attractive. Source: Nine of ten equity firms interested in East Africa prefer Kenya, survey shows – The Exchange
The announcement came a month after Uganda abandoned a similar deal that would have seen her export oil through Kenya. The new pipeline, to be launched in December, will move from Nakuru to Addis Ababa Kenya yesterday signed a deal with Ethiopia on the construction of a pipeline through two routes from Lamu to Addis Ababa. […]
The Lake Turkana Wind Power project offers Kenya national benefits but faces opposition from the local community. Source: Africa’s largest wind farm set to power Kenya – African Business Magazine
A Chinese heavy machinery manufacturer plans to invest Sh30 billion to set up an assembly plant in Kenya which if successful will become its seventh factory outside China.The multinational company, Sany, is currently setting up a heavy equipment assembly plant in Ethiopia, one of Kenya’s biggest economic rivals in the region. Several manufacturers and companies […]
The construction of Kenya’s Konza City has begun, but will the city of the future fulfill its designers’ grand dreams? Source: Will Kenya’s ambitious Konza City project prove doubters wrong?