Dangote postpones Kenya factory plan over Nigeria’s forex crisis

Africa’s largest cement producer Dangote has postponed its planned entry into Kenya as the company continues to struggle with a constricted supply of foreign-exchange in Nigeria. Dangote Group, which is owned by Africa’s richest man Aliko Dangote, had earlier announced…
US kitchen, bathroom fittings giant Kohler opens Kenya showroom

US kitchen and plumbing fittings provider Kohler has opened a showroom in Nairobi as it seeks to tap the country’s growing appetite for high quality building products. The Wisconsin-based firm has launched its showroom in the Ukay shopping mall in…
Uhuru Highway double decker road project set for further delay

Construction of a double decker road in Nairobi, which was scheduled to begin in 2011, looks set for further delays nearly a decade after Parliament approved the Sh38 billion project. According to the Kenya National Highways Authority (KeNHA) — the…
New York firm to begin work on Sh5bn Kenyatta University hostel

Construction of an ultra-modern hostel in Nairobi for Kenyatta University students is set to begin in June, after the Sh5.1 billion project secured long-term financing. New York-based private equity firm Africa Integras, the project lead, has finally concluded funding negotiations…