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Kenya Economics

AccorHotels signs a management agreement for the ibis Styles – Nairobi, Westlands

Queensway

From left: Steven Daines- CEO AccorHotels Africa and Middle East, Olivier Granet- COO AccorHotels Africa and Middle East, Naushad Jivraj- CEO Queensway Group, Philippe Baretaud- SVP Head of Development EMEA AccorHotels, Pierre Hardy- Group Finance Director- Queensway Group, Craig Erasmus- Technical and Design Director Africa and Indian Ocean at  AccorHotels …

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Kenya opened a KShs. 327 billion Chinese-built railway, its largest infrastructure project undertaken in the country in 50 years

Speaking before launching the service, the Head of State said it marked 120 years since the Lunatic Express was launched by the British Government/PSCU

Kenya opens 470km (290 miles) Nairobi-Mombasa SGR railway at a cost of KShs 327 Billion Kenya’s new railway at a glance: Cost KShs. 327 Billion Funding for the 470km (290 miles) project was provided by China It took three-and-a-half years to build, using Chinese track-laying technology The line is supposed …

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Foundation laid for ‘the tallest building’ in Africa in Nairobi ~ The Pinnacle

Sh20Bn for Africa's tallest building in Africa in Nairobi

Earlier this year, Nairobi was ranked the fastest developing urban city in Africa. Currently, Carlton Centre in Johannesburg South Africa is Africa’s tallest building which has 50 floors and is 223 meters tall. The building was completed in 1973 and since then, none other has surpassed it. However, this is …

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The secret behind Commercial Bank of Africa’s success: Empowering business HR through SAP Success Factors

cba

In an age where banking is becoming increasingly automated, Commercial Bank of Africa (CBA) has unlocked the door to better structure and business integration with a human key – an SAP SuccessFactors talent solution implemented by Altura Consulting. CBA’s investment in its workforce is yielding high returns. It all starts …

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The World Bank’s most recent Kenya Economic Update

Economic growth

The World Bank’s most recent Kenya Economic Update (KEU) October 2016 projected a 5.9% growth in 2016, rising to 6% in 2017.  The key drivers for this growth include: a vibrant services sector, enhanced construction, currency stability, low inflation, low fuel prices, a growing middle-class and rising incomes, a surge in remittances, …

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