UK-based Stratex International has unveiled plans to set up a new company in partnership with Thani Emirates Resources Holdings for its East African asset
Construction
Smart city to be developed in South Africa
Hong Kong-based telecommunications provider PCCW Global has signed a deal with Shanghai Zendai to develop a smart city in South Africa
Savannah Cement invests in new clinker facility
Nairobi-based Savannah Cement has announced it will invest US$97.7mn to set-up a clinker manufacturing base at its production facility in Kitengela, Kajiado County
Athi River Mining to construct a US$200 million cement plant in Kenya
Cement producer Athi River Mining (ARM) will construct a US$200mn cement plant with a capacity of 2.5mn tonnes in Kitui, Kenya
AfDB to fund US$1 billion infrastructure development in Kenya
The African Development Bank (AfDB) has approved funds worth close to US$1bn for the development of roads and energy and water projects in Kenya over the next five years