Global financiers have pledged grants to be used on road expansion projects.
Kenya ranked highest among East African countries followed by Ethiopia and Tanzania.
Kenya is attractive for steel dealers because of its ongoing mega projects
The project was financed through a 14 million Euro grant from the German government.
Stima Village comprises 76 maisonettes of which 40 are 3-bedroom and 36 are 4-bedroom.
The World Bank has already confirmed the release of the funds for this project.
The 1,776 feet height commemorates the signing of the Declaration of Independence.
New laws will open up high-end estates west of Nairobi to commercial property developers.
House prices in Nairobi are defying a weak global economy and high lending rates.
The project is fully-funded by the Kenyan government to the tune of Sh10 billion.
Amsons Group offered Sh23.6bn to acquire 100% of Bamburi shares.
The company has secured financial backing for a 300MW geothermal project.
Yapı Merkezi is expected to complete the 272-kilometre railway in 48 months.