Refinancing of Bugoye hydro-electric power plant to take US$29.3 million
The Dutch development bank and the Emerging Africa Infrastructure Fund (EAIF) and FMO, are jointly going to refinance the 13-MW … Read more
Region: East Africa
Kenyan Saccos to offer interest-free housing loans plan
A group of 35 Kenyan Saccos has unveiled a housing loans plan in which their members will get interest-free mortgages. … Read more
Construction of Changamwe-Mariakani dual carriageway project launched
President Uhuru Kenyatta has commissioned the construction of the long-awaited 11.3km Changamwe-Mariakani dual carriageway meant to ease congestion on the … Read more
National Housing Corporation gets $2b loan for Dar-es-Salaam project
The Tanzania National Housing Corporation (NHC) has secured a $2Bn loan from PTA Bank — the financial arm of Comesa … Read more
Chinese firm bags US$134m power line contract in Kenya
Kenya’s Ministry of Energy has awarded a US $134 million contract to a Chinese firm to construct a high-voltage power … Read more
Chinese firm to construct industrial park in Kenya
An industrial park in Kenya is set to be constructed in Movoko, Machakos County by a Chinese Company- Erdemann Property … Read more
