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John Muchira

Plans unveiled for 300-m-tall Nairobi skyscraper

21st April 2017 Real estate company Hass Group has unveiled plans to build what will be Africa’s tallest skyscraper in Nairobi, Kenya. The $191-million Hass Tower will be built by China State Construction Engineering Corporation (CSCECC). It will be 300 m tall and will have 67 storeys. 

DBSA backs key highway project in Kenya

17th March 2017 The Development Bank of Southern Africa (DBSA) has agreed to avail $572.8-million debt funding for a key highway project in Kenya. Kenya Transport principal secretary Irungu Nyakera says the funds are already available for the 580 km Lamu-Garissa–Isiolo highway, which forms part of the Lamu Port... 

Japanese consortium wins contract to build 140 MW Kenya geothermal plant

17th March 2017 A consortium led by Japan's Mitsubishi Corp has been awarded a $555-million contract to build a geothermal power plant in Kenya. Mitsubishi Corp will partner with Mitsubishi Hitachi Power Systems (MHPS), also of Japan, and Kenyan firm H Young & Co (HY) to construct a 140 MW geothermal power plant... 

Status change for Kenya airport opens way for direct flights to the US

10th March 2017 Kenya’s Jomo Kenyatta International Airport (JKIA) has been granted Category 1 status by the US Federal Aviation Administration (FAA), paving the way for airlines to operate direct flights between JKIA and airports in the US. This followed a meticulous assessment by the FAA and other US agencies. 

Ethiopian Airlines receives backing for big growth plan

3rd March 2017 Plans by Africa’s fastest-growing carrier, Ethiopia Airlines, to double its size by 2025 have received a major boost in the form of a $159-million loan from the African Development Bank (AfDB) to fund its fleet expansion efforts. The loan, which is backed by the African Trade Insurance Agency... 

Kenya reins in 5 000 MW power plan amid surplus worries

24th February 2017 The Kenya has shelved plans to increase installed electricity generation capacity to 5 000 MW in the immediate future is it is concerned that this could leave the country with excess capacity Previously, the East African country intended to implement a "5 000 MW by 2018 project" to attract... 

Tanzania set to proceed with Dar port expansion

10th February 2017 Tanzania is set to proceed with the long-stalled expansion of the Dar es Salaam port, after securing funding from the World Bank. Two years after breaking ground, the project has been in doubt until recently, when the Bretton Woods institution approved a $305-million loan for the project. 

Ethiopia awards contracts for building of two more industrial parks

10th February 2017 Ethiopia has awarded contracts for the construction of two industrial parks as it pushes ahead with efforts to become a continental light manufacturing powerhouse. This comes only a few months after the commissioning the largest industrial park in Africa, which covers an area of 1.3-million... 

Uganda says funding secured for new standard-gauge railway line

3rd February 2017 As Kenya gears up to commission the first phase of a standard-gauge railway (SGR) line running from the coastal city of Mombasa to Nairobi, the capital city, in June, neighbouring Uganda has closed financial agreements with Exim Bank of China for the construction of its own SGR line, which will... 

Ethiopian Airlines’ cargo terminal nears completion

27th January 2017 Ethiopian Airlines is on course to cement its position as Africa’s leading airline with the scheduled commissioning of the largest cargo terminal on the continent in about three months. Ethiopia Airlines CEO Tewolde GebreMariam says that the facility is now 82% complete and is expected to be... 

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