Market News

  • Construction of City of Hope in Ghana to cost US$10Bn

    Posted on :Monday , 3rd August 2015

     The Construction of City of Hope in Ghana will cost US$10Bn and will be a world class information communication technologies (ICT) city project meant to bring all players under one roof in three years.

    Construction of City of Hope in Ghana will consist of a six towers’ project, It will also be Africa’s tallest building at a height of 270 meters.
    Rig Commu. . .

  • Africa construction sector set for a positive change

    Posted on :Monday , 3rd August 2015

     Zambia’s National Council of Construction (NCC) issued 3,861 certificates to construction companies between 2014 and 2015, and authorities have said the number of registered companies will rise by the end of the year

    construction-SarahOwermohle-flickrThe number of certificates issued to construction companies is set to rise by the end of the year in Zambia.
    NCC. . .

  • Kenya: Investing towards better infrastructure

    Posted on :Monday , 3rd August 2015

     Kitui county government says it will spend Sh750 million to rehabilitate the shrinking pre-independence Matinga dam in Kitui west sub-county.

     
    Kitui Governor Julius Malombe says reckless human activity is the cause of the dying water source for almost 200,000 residents. He has expressed concern that heavy siltation has left the dam, which was scooped for the fi. . .

  • Construction of Kipeto wind farm to supply Kenya power

    Posted on :Friday , 31st July 2015

     Kenya Power has signed an agreement with Kipeto Power that will see the generation of  electricity in Oldonyo Narok, Kajiado. The construction of Kipeto wind farm to supply Kenya power with 100MW will greatly boost Kenya’s supply.

     
    Kipeto has successfully received US$ 233m financing from the Overseas Private Investment Corporation (OPIC) which is the. . .

  • Africa\'s new Industrial Park construction begins

    Posted on :Thursday , 30th July 2015

     Africa has begun the construction of a US$ 246m park dubbed Hawassa Industrial Park; this was confirmed after the signing of an agreement between Ethiopia and China Civil Engineering Corporation(CCECC).
    The mega development is projected to be complete in the next 9 months with the MH Engineers as consultants focusing on the garment manufacture and agro-industry.
    . . .

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