Market News

  • 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. . .

  • Wind power plant in Kenya to be constructed

    Posted on :Wednesday , 19th August 2015

     Construction of a US$44M wind power plant in Kenya is set to begin in Meru county. The project is spearheaded by Maralal Energy Limited.

     
    Maralal Energy which is a privately-owned Kenyan firm disclosed that the money will be used to construct the wind farm whose electricity will be included in the national grid.
     
    Kenya Electricity . . .

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