Kenya Breaking News, Business Information, Articles, Africa - kenyadetails

Cubot launches smartphone with Kenyan design

NAIROBI, KENYA: International Mobile firm Cubot has officially launched its latest flagship smartphone in Kenya. The global launch of the Cubot Note S was done in Kenya to honour the Kenyan artists who designed the phones back-cover. He said the use of the African inspired Kenyan designs has increased the phones appeal both locally and globally. Kilimall, the leading online retailer, has been appointed the exclusive distributor of the brand in Kenya and the East African region. Our market research for Africa pointed to a very high appreciation of the Cubot brand in Kenya, said Kilimall marketing director Larry Liu. Mr Liu said many Kenyans are looking for high quality and affordable smartphones which, he noted, were in short supply in the local market.

Read more...

SGR construction project in Kenya finally taking shape

The Standard Gauge Railway SGR construction project in Kenya is finally taking shape. The construction project is an intergovernmental masterpiece linking neighbouring countries of Kenya, Uganda, Southern Sudan and Rwanda.

This mega project is a reflection of the partner states’ commitment to provide an efficient and cost effective railway network as well as a seamless transport alternative for both goods and passengers within the northern corridor.
The Standard Gauge Railway will no doubt boost the region’s efforts to create a borderless region for purposes of trade and social integration. Each of the partner countries is expected to finance the part of the railway under her territory with China’s Exim Bank offering to fund 90% of the first phase while the Kenyan government paying the remaining 10%

Read more...

Kenya and Uganda presidents to meet oil companies over crude pipeline

Kenya and Uganda's presidents and oil company executives will meet on Monday to hold further discussions on a route for a pipeline to transport the two countries' oil, the Kenyan president's spokesman said on Sunday.

Resolving the pipeline route is crucial to helping oil companies involved in Uganda and Kenya to make final investment decisions on developing oil fields.

"President Uhuru Kenyatta will host Ugandan President Yoweri Museveni tomorrow ... They will discuss the construction of the Uganda-Kenya oil pipeline, a key plank of the Northern Corridor Infrastructure Projects," Manoah Esipisu said in a statement.

Last wee, Tanzania's presidency said that Total, which has a stake in Uganda's crude oil discoveries, had set aside $4 billion to build a pipeline from Ugandan fields to the Tanzanian coast and that Tanzania wants the three-year construction schedule shortened.

Read more...

Centum plans to construct exclusive city in Kilifi County, Kenya

The construction of an exclusive city in Kilifi County at the Kenyan Coast is set to commence; this is according to NSE-listed investment company, Centum which is the company behind the mega project. The city will sit on a 9,500 acre piece of land.

Centum has already begun on preparations for the construction and through this advancement they will have extended their entry into the high-end real estate development.

Regulatory filings illustrate that the project which is dubbed the economic hub will be developed in phases. The first phase will see the construction of an infrastructure on 900 acres of the land and is expected to cost US$ 8m. The 900 acres has been divided and it includes residential, commercial, industrial, institutional, recreational, and public zones.

Read more...