Investments & Projects

Kenya has launched Africa's largest wind farm to increase its power generation capacity and achieve the country's ambitious goal of achieving 100% green energy by 2020.

It is reported that the Indian Ocean, Lake Victoria and Lake Turkana have been identified as top contenders for the establishment of Kenya's first nuclear power plant that Kenya plans to build in the next 8-10 years.

Kenya's renewable energy sector has been approved by the World Bank to provide Kenya Electricity Generating Company (KenGen) with up to $180 million in risk guarantees to attract long-term funding for its renewable energy development projects.

Beginning in 2016, Kenya and Tanzania signed an international power supply network contract linking East Africa with southern African countries.

It is reported that Luxembourg-based European Investment Bank is intended to make an increasing role to make investments in Africa.

China Communications Construction Company (CCCC) has drilled the longest railway tunnel in East Africa, the company said Monday.

The Ksh300 billion ($3 billion) Nairobi-Mombasa expressway, whose construction is set to begin in July will over 25 years generate nearly twice the money spent on the project, the American contractor Bechtel has told the Kenyan Treasury.

Fish from China has been flooding the Kenyan market because the country does not produce enough fish to satisfy demand, a CS has said.

Kenya Re #ticker:KNRE has been ranked as the most attractive listed underwriter on the Nairobi Securities Exchange (NSE) in the first half of 2017, as measured by franchise value and intrinsic scores, a new report shows.