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Kenya
Wednesday, January 16, 2019
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Two million houses needed to curb growing slums in Kenya, World Bank

Kenya struggles with two million housing deficit

A new world Bank report released recently, reveals that to curb growing slums in Kenya two million affordable city houses need to be constructed. The...
Zimbabwe has lowest rentals in sub-Saharan Africa-report

Zimbabwe has lowest rentals in sub-Saharan Africa-report

Zimbabwe has the lowest rentals in sub-Saharan Africa, a report by international property firm Knight Frank has shown. The 2017 Africa report attributes the problem...
Africa performs poorly on Global Competitiveness Index

Africa performs poorly on Global Competitiveness Index

Sub Saharan Africa 2017-2018 World Economic Forum Global Competitiveness Index (WEF GCI) shows a largely stagnant block compared to 2016-2017 results, latest survey that...
OPEC production cut extension may boost recovery of oil and gas industry

OPEC production cut extension may boost recovery of oil and gas industry

OPEC’s decision recently to extend oil production cuts is likely to provide momentum to the promising early signs of recovery in the oil and...
Foreign capital for new projects in Africa soars

Foreign capital for new projects in Africa soars

South African projects received most foreign capital for new investments in Africa in 2016 with 105 projects securing such funds a new report by...
Bamburi net profit drops, cuts dividend payout

Bamburi net profit drops, cuts dividend payout

Largest cement maker in Kenya by share Bamburi has announced it suffered a 36.21 per cent drop in profit to Sh1.85 billion from Sh2.9...
World in danger of major water shortage, study

World in danger of major water shortage, study

Water shortage could be the greatest environmental challenge facing the world in this century, scientists from NASA have warned. In a report published in Nature recently,...
PAYG solar firms in Africa thriving, shows report

PAYG solar firms in Africa thriving, shows report

Pay-as-you-go (PAYG) solar firms are thriving in Africa raising about USD 260 million in capital in 2017, up 19% from 2016, and served more than...
Slowdown in construction affects cement consumption in Kenya

Slowdown in construction affects cement consumption in Kenya

Cement consumption in Kenya decreased by 8.2 per cent from 6.3 million tonnes in 2016 to 5.8 million tonnes in 2017, an indication of...
Evolution of African megacities into smart cities

Evolution of African megacities into smart cities

The rapid growth and evolution of African megacities requires radical, effective urban management. Lagos, Cairo and Kinshasa already have more than 10 million residents while...
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