Tag: nairobi railway city
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.
A $70 million investment deal for cold storage; a partnership to see 5G rolled out to the most remote locations; and the beginning of construction for the Nairobi Railway City; these are the headlines making news in Kenya and CNBC Africa spoke to Journalist, Joseph Bonyo for more.