markets.businessinsider.com 6 hours ago
NAIROBI, Nov 29 (Reuters) - Kenya on Wednesday signed a $620 million agreement to build a 530 km (329 mile) highway from its east coast to the centre of the country, part of a campaign to boost its role as a regional trade hub. A consortium including a unit of South Africa's Group Five and the Development Bank of Southern Africa with work with the state. Cabinet Secretary James Macharia said in a statement the road would link Lamu on the coast to Isiolo, north of Nairobi, via Garissa. The consortium will design, build, finance, maintain, operate and transfer the highway. Work is due to start in mid 2018 and be completed within four years. Kenya wants to build up a role as a regional trade and ...
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