Tag Archives: logistics infrastructure

logistics infrastructure: Latest News

  • US, UK Finance Groups Invest In Kenyan Warehouse Development

    invest in Kenyan warehouse development By Dana Sanchez, 1:01 am

    Companies expanding in Africa are helping drive the need for more warehouse space. There is a dire shortage of warehouse facilities, says global real estate consultancy Knight Frank. Scarcity of quality warehouses in Nairobi presents opportunities for investors and developers, and the largest development bank in the world is taking notice. U.S.-based IFC and the U.K.’s CDC finance group are investing up to $35 million in Nairobi warehouse development. Logistics is an often overlooked part of economic development, the CDC said.

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