Market News

  • Indian Company to Start Marble Mining in Benshangul-Gumuz

    Posted on :Friday , 14th August 2015

    An Indian company yesterday concluded agreement that enables it to mine marble in Benshangual-Gumuz State.

     
    Samaka Stones Private Limited Company has reportedly allocated close to 2.9 million USD to commence the production of 131,600 cubic meters of marble annually.
     
    During the signing ceremony, State Minister of Mines Dr. Alemu Sime sai. . .

  • Rwanda: Burera District Constructs New Hotel to Boost Tourism

    Posted on :Friday , 14th August 2015

    Burera District is constructing a new hotel in a bid to enhance tourism in the area. The Burera Beach Resort Hotel is situated in Kagogo Sector on the shores of Burera and Ruhondo lakes.

     
    The hotel is being constructed a Japanese firm, Noguchi Holdings LTD. The construction is projected to be completed by December at the tune of Rwf350 million, according to officials. . .

  • Exclusive railway bridge to be constructed over Nairobi National Park

    Posted on :Thursday , 13th August 2015

     Exclusive Railway bridges are to be constructed over Nairobi National Park. Kenya Wildlife Service (KWS) spokesman Paul Muya said that they intend to build the bridge that will have an entire length of up to nine kilometers.

    The 225-MW wind farm in Ghana to be constructed in 2016

    Posted on :Thursday , 13th August 2015

    The 225-MW wind farm in Ghana is set to commence construction any time in 2016. The project is owned by Ireland based company Mainstream Renewable Power after it acquired the project from Swiss-based developer NEK Umwelttechnik last year.

     
    Mainstream’s Business Development Manager, Chris Matthews says that all environmental permits have been secured and the gri. . .

  • Improving Africa�s piling practices

    Posted on :Monday , 3rd August 2015

     Sub Saharan African construction industry could be losing hundreds of millions of dollars in project maintenance costs due to poor piling practices. What most project developers ignore is that there is still no alternative to good piling practices.

     
    It’s incredible how far construction companies can go to save costs.Even to the extent of sacrificing the q. . .

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