Investments & Projects

The renewable energy company is projecting to generate 1.6 billion kilowatt hour (kWh) per year at a pre-agreed tariff rate of Sh8.6 per kWh according to a 20-year long deal struck between the wind farm and the government.

East Africa offers friendly investment ground for German investors that assures high rate of return than any other developing region in the world.

Nairobi has been ranked as the 10th most dynamic city in the world due to its re-emergence as a regional technological hub.

Foreign investment in Kenya remains relatively weak considering the size of its economy and its level of development.

On Wednesday, StarTimes launched a satellite digital television project in Kenya as part of its long-term agenda to bridge rural-urban information gap in the East African nation.

In order to achieve its goal of 10% growth rates in the next fourteen years, Kenya needs investments worth Sh1.7 trillion per year. This is equivalent to 32 % of the current gross domestic product each year in Kenya.

NAIROBI, Aug. 18 (Xinhua) -- Before the Kenyan government mooted plans to expand Thika Road in 2009, commuters would waste hours on traffic gridlock.

MOMBASA, Kenya, Aug. 11 (Xinhua) -- China has been a transformational partner from the standpoint of Africa's development, a Kenyan expert said on Thursday.

NAIROBI, Aug. 8 (Xinhua) -- The Standard Gauge Railway (SGR), which is being constructed by Chinese firm, will help boost Kenya's economy by cutting the cost of transportation and enhancing movement of people and goods, a Kenyan minister said on Monday.