Market News
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US-based Louis Berger to construct US$ 9.0m section of Yaounde-Douala highway in Cameroon
Posted on :Thursday , 11th September 2014
Louis Berger, an engineering services company based in US has secured a five-year contract for construction works to improve a section of the Yaoundé-Douala highway in Cameroon. The contract is a five-year engagement that will see the country’s Yaoundé diplomatic reg. . .
Arab Contractors seals new housing contract with Algeria
Posted on :Thursday , 11th September 2014
Arab Contractors Company (AC), Egypt’s leading Construction Company is set to sign a new contract for implementation of various housing projects in Algeria this month.
US $80m Zim Plant in Zimbabwe to be completed by 2016
Posted on :Thursday , 11th September 2014
Construction of the cement plant, Zim in Zimbabwe, will be completed by 2016 according to PPC Zimbabwe division. The plant will all cost US$ 80m upon completion.
US$ 110.54b secured for the Mombasa�Bujumbura highway
Posted on :Thursday , 11th September 2014
The African Development Bank (AfDB) has given Kenya a loan worth US$ 110.54b to construct Mombasa–Bujumbura highway that will link Kenya and Rwanda.
US$5bn given to Mozambique for infrastructure among other projects
Posted on :Thursday , 11th September 2014
Investment worth US$5bn was approved for three provinces in Mozambique. It was noted that the approved investments will help the North of Mozambique undertake several projects in agriculture, forestry, infrastructure, tourism, and hydrocarbon sector. The projects are aimed at creating opportunities for small, micro and medium-sized national companies. The projects are also expected to create 20. . .
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