Investments & Projects

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.

The East African Portland Cement Company, Kenya Power, and Kenya Electricity Transmission Company have commissioned a 220/66KV line dedicated to the cement maker’s power needs.

Counties have received a shot in the arm in their effort to attract investment after the Treasury retained generous tax incentives to firms setting up shop in the countryside.

Investors of the tax exempted bond will only need an initial amount of Ksh3,000 and thereafter multiples of Ksh500.

Kenya expects to get significant funding from China for major infrastructure projects, which are part of the Silk Road Economic Belt and the 21st Century Maritime Silk Road initiative.

Megaprojects like these are deeply important for solving sub-Saharan Africa’s colossal energy access challenges at the pace governments there want. But they are not the complete answer. They are often expensive, take years to build and can’t reach everyone