Tag: nairobi central business district

Kenya railway’s Ksh28 billion city project begins to take shape

In Kenya, the much-awaited $259.7 million Nairobi Railway City has started taking shape after the formation of the Railway City Development Authority. The first phase of the 20-year project that is set to change the face of Nairobi Central Business District will kick-off this year. Moreover, Chinese firm Stecol Corporation has secured a Sh5.6 billion deal to start construction of special lanes for high-capacity buses through the Nairobi city centre and Thika highway next month. Reginald Kadzutu Economic Analyst joins CNBC Africa for more.
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