Market News
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Kenya to construct the largest convention centre in Africa at US$ 561m
Posted on :Thursday , 25th September 2014
Kenya has unveiled plans to construct the largest convention centre in Africa as announced by the Ministry of Tourism, in a move to capitalize on convention tourism. The center will be constructed at a cost of US$ 561m. Construction works for the project has been slotted for next year, . . .
US$ 331m to be spent on road network expansion in Ethiopia
Posted on :Friday , 19th September 2014
The Addis Ababa City Roads Authority (AACRA) has set aside US$331m for roads in the Addis Ababa city, Ethiopia. The city of Addis Ababa presently has a road network covering 4671km, which is expected to be increased to 5275km.The project seeks to add 600km of road to the city’s road network. The Akaki K. . ..jpg)
Eren Holdings to invest in a new cement production plant in Cameroon
Posted on :Friday , 19th September 2014
CEO of Turkish Eren Holdings has signed an investment agreement that will see the company undertake a new project, involving construction of a new cement production plant in Cameroon. The agreement was signed last week between the CEO and government of Cameroon.The new cement plant will be constructed by Eren, through its local. . ..jpg)
Construction of Nairobi s tallest tower now awaits court s approval
Posted on :Friday , 19th September 2014
Construction of Hazina Trade Centre into what is to be Nairobi’s tallest tower has been stalled, pending a court ruling to be made in seven days. The project was being undertaken by the National social Security Fund (NSSF) at a cost of US$ 75m.
The construction project had been challenged by Nakumatt Holdings, whose Nakumatt Lifestyle branch is housed in. . ..jpg)
Zambia s US$259.3m Kazungula Bridge project kicks off
Posted on :Friday , 19th September 2014
Construction of the large Zambia’s Kazungula brigde has started after the ground-breaking ceremony was held on the Botswana side of the Kazungula border on 12th of this month.The ground-breaking ceremony was led by Vice –President Guy Scott and his Botswana counterpart, Ponatshego Kedikilwe. The former urged the con. . .Please Select an Option
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