Happy times ahead for student housing developers in Kenya

A fast expanding population of university students in Kenya is creating enormous opportunities for investors to build student accommodation facilities across the country. According to a study by real estate researchers Jumia House, local universities have a combined 280,000 bed…
Plan gathers speed for the Nairobi-Nakuru highway expansion

The planned expansion of the Nairobi –Nakuru– Mau Summit road has moved closer to reality following the pre-qualification of 10 foreign companies that had expressed their interest in the project. The companies, which responded to the Kenya National Highway Authority’s…
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…
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…