Market News

  • Constructed Ngong wind power plant in Kenya

    Posted on :Monday , 24th August 2015

     The constructed Ngong wind power plant is to be commissioned in Kenya by Kengen in a bid to boost the renewable sources contributions to the national grid. It is hoped that the move will help in meeting the vision of generating 5,000MW of power by 2018. The construction of the wind power farm was expanded as a way of scaling up energy sources as the country looks to green energy.

  • Caterpillar�s new improved series launched for the Arican market

    Posted on :Saturday , 22nd August 2015

     Caterpillar has introduced the new F2-series range of machines – 422F2, 428F2, 432F2, 434F2 and 444F2 for the Middle East and Africa markets

    Depending on the model, engine-power choices include 56.5 kW (76.8 hp), 68.5 kW (93hp), 70 kW (95 hp), or 74.5 kW (101 hp) configurations. There’s a marked improvement in hydraulic oil flow – 422F2 from 125 litres per minu. . .

  • Dangote Cement : Yet another cement plant expansion in Africa

    Posted on :Saturday , 22nd August 2015

     Nigerian businessman Aliko Dangote has announced plans to expand his company’s 1.5mn metric tonnes per annum (mmtpa) cement operations in Cameroon

     
    In a meeting with Cameroon’s Prime Minister Philemon Yang, Dangote revealed that Dangote Cement is commissioning another cement production line in Yaounde, which will increase the company’s total c. . .

  • Portuguese firm Cimpor to expand presence in Africa

    Posted on :Saturday , 22nd August 2015

     Cimentos de Moçambique, a subsidiary of Portuguese cement producer Cimpor, has announced plans to invest US$250mn in a new integrated cement plant in Nacala, Mozambique

    The new facility is expected to start functioning from 2018. A statement issued by the company said, “The new capacity to be installed increases the efficiency of the response to local demand for cem. . .

  • Construction of first cancer hospital in Kenya begins

    Posted on :Wednesday , 19th August 2015

    The construction of first cancer hospital in Kenya is set to begin following a groundbreaking ceremony by the first lady, Mrs. Margaret Kenyatta.
    The hospital is a partnership between local entrepreneurs and General Electric Company.
     
    The construction of the state-of-the-art treatment centre at Ridgeways in Kiambu County will cost US$ 20m and will cat. . .

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