Market News
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Africa agrees to raft of Chinese investment
Posted on :Tuesday , 18th August 2015
Equatorial Guinea has secured a wave of Chinese investment, following a trade forum in Dalian
The Equatorial Guinea-Asia Economic Forum was hosted in the Northeastern Chinese city by representatives of the West African nation’s Ministry of Mines, Industry and Energy, with the aim of showcasing the country’s investment opportunities.The Equatorial Guinean. . .
Construction industry in East Africa opens $50m complexes
Posted on :Tuesday , 18th August 2015
Constructions industry in Rwanda is on an upward trajectory after the country’s president Paul Kagame opened complexes worth $50m in the capital Kigali. The president challenged contractors to ensure they provide durable and quality structures.
Kagame congratulated local investors like Bertin Makuza whose 15-storey constructed building was inaugurated. I. . ..jpg)
Construction of maize milling plant in Kenya set to begin
Posted on :Monday , 17th August 2015
Green Arava of Israel is set to construct a multi-million maize milling plant in Kenya at Galana-Kulalu irrigation project to ease in the flour processing once the first crop is harvested.
The equipment which has already been bought from South Africa will have the ability to process and package the flour for sale immediately after leaving the farm.
Construction of Akiira geothermal plant in Kenya boosts Kenya Power
Posted on :Monday , 17th August 2015
The construction of Akiira Geothermal plant in Kenya has boosted power supply in Kenya after the firm signed a 70MW power deal with Kenya Power that will boost the chances of attaining the 5,000MW goal set by the Kenyan Government.
The 70megawatt power purchase agreement (PPA) between the two companies will last for 25 years and will see Kenya Power buy electr. . .
Construction of Adada River dam in Nigeria to be completed in 2016
Posted on :Friday , 14th August 2015
The construction of Adada river dam in Nigeria in Enugu State is expected to be completed and commence operational in July 2016. This was revealed by the Enugu State Governor Ifeanyi Ugwuanyi during his inspection at the dam’s construction site. He added that, his administration is ready and willing to provide the necessary support to ensure the project is delivered as scheduled. The proj. . .
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