Kenya construction and infrastructure sector to grow by 9%

Posted on :Saturday , 20th June 2015

 The Kenya construction and infrastructure sector is anticipating a growth of 9% year-on-year in 2015 according to Kenya Infrastructure Report Q3 2015 released this month by Business Monitor International. The growth in the sector is expected to remain over a 10-year forecast period to 2024.

US$ 60m hydroelectric power plant in East Africa

Posted on :Saturday , 20th June 2015

East Africa is set to start works on the construction of a US$ 60m hydroelectric power station that will aim at reinforcing the energy sector in the country.

Works on Rwf17b KBC project begin

Posted on :Tuesday , 16th June 2015

Shortage of commercial and office space in the City of Kigali could soon reduce following plans to construct a 10-storey building at the site that was previously occupied by the Kigali Business Centre (KBC).

The works on the Rwf17 billion project will start in August, Janviere Mporanyi, the Kigali Business Centre (KBC) managing director, has said.

T. . .

Ethiopia to build biggest air cargo hub in Africa

Posted on :Tuesday , 2nd June 2015

Ethiopian Airlines’ drive to become a global carrier is to be supported by the construction of a world-class cargo terminal at Addis Ababa Bole International Airport.

The $98m terminal, which will be the size of five football grounds, is to be designed by German engineer Unitechnik Group.

According to Unitechnik, the new terminal will be able to handle 600,00. . .

WB cooperates with Chinese firm to develop low-cost houses in Africa

Posted on :Tuesday , 2nd June 2015

NAIROBI - The World Bank's private sector arm, the International Finance Corporation (IFC), on Friday inked a new partnership with Chinese construction and engineering company to develop low-cost houses in three African countries.

IFC and CITIC Construction Co., Ltd will set up a joint venture and inject 300 million U.S. dollars to develop 30,000 homes in Kenya, Rwanda and Nigeri. . .