China to build new East Africa railway line
Formal agreements for plans to build a new railway line in East Africa with Chinese help have been signed in the Kenyan capital, Nairobi. It is to run from Mombasa to Nairobi and will extend eventually to Uganda, Rwanda, Burundi and South Sudan.
IFC acquires stake, injects Sh6b in Kenyan cement firm
The cash will enable National Cement Company expand its operations and create over 6,000 jobs.
International Finance Corporation (IFC), a private sector lending arm of the World Bank, will inject Sh5.9 billion ($70m) into National Cement Company Limited, a member of the Devki Group Of Companies formed in 2008.
Rwanda's convention centre to become iconic landmark
Rwanda is putting up a landmark conference centre as part of its plans to reap from conference tourism. Kigali Conference Centre, a dome-like construction being built mainly using steel, will have a seating capacity of 2,600.
Devsons Industries Ltd sign up for the 18th edition of BUILDEXPO AFRICA 2015
Devsons has signed up yet again for the upcoming 18th edition of BUILDEXPO AFRICA 2015 in Nairobi, Kenya which will is scheduled from 02nd to 04th May 2015 at the Kenyatta International Conference Centre.
