Market News | Buildexpo Ethiopia 2018

Market News

  • Tanzania paints a bright outlook for 2018

    Posted on :Friday , 9th February 2018

    State-run National Bureau of Statistics (NBS) said that faster growth in mining, natural gas and construction activities propelled Tanzania’s economy higher in the third quarter of 2017. East Africa’s third-biggest economy grew 6.8 per cent year-on-year in the third quarter compared with 6.2 per cent in the same quarter in 2016.

    According to the NBS, Econom. . .

  • East Africa Upbeat About Economic Prospects for 2018

    Posted on :Friday , 1st December 2017

    An expansion in communications, transport and construction sectors is being eagerly expected by East African economies for the year 2018. 

    Tanzania's economy is expected to expand by 7.1 per cent in 2018, up from an estimated 7 per cent this year and it’s Finance and Planning Minister Philip Mpango has vowed to boost public investment in infrastructure, including a standard g. . .

  • East Africa: Call for Regional Cooperation to Transform Construction Industry

    Posted on :Wednesday , 3rd May 2017

     Resulting from the rapid and sustainable economic growth as well as the ongoing fast urbanization in Ethiopia,there is high demand for cement and concrete, Construction Minister Eng. Aisha Mohamed said.

     
    While addressing the 2nd Annual East Africa Cement, Concrete and Energy Summit yesterday, Minister Eng. Aisha reiterated: "With the growth in our economy . . .

  • Ethiopia: Investing in Transport Sector Aiding Economic Growth

    Posted on :Tuesday , 2nd May 2017

    The transport sector is an important component of the economy and it plays a very significant role in supporting the intended development in the other sectors. This is very evident in a global economy where economic opportunities have been increasingly related to the mobility of people and goods.

     
    A relation between the quantity and quality of transport infrastructur. . .

  • Ethiopia: Cement Production Transforming Construction Sector

    Posted on :Tuesday , 4th April 2017

    The construction industry is booming in Ethiopia. Years ago, the country had been importing cement at huge costs for its developmental projects. In 2010/11 the country imported 0.3 million tonnes cement by spending millions of USD. However, owing to the growing numbers of cement factories, these days, the country has begun exporting beyond meeting local consumption.

    The number of. . .

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