Market News

  • Kenya: Mombasa Sets Aside Sh165 Million for Roads

    Posted on :Wednesday , 20th August 2014

    THE Mombasa government has set aside Sh165 million to improve transport and infrastructure in Mombasa town. Eight projects have started. Governor Hassan Joho said the projects include reconstruction of existing roads, creating new ones and improving the city's drainage sy. . .

  • Kenya: Railway Project to Employ 30,000 Kenyans

    Posted on :Tuesday , 19th August 2014

     Nairobi — More than 2,400 Kenyans have already been hired for the construction of the Standard Gauge Railway (SGR).

     
    Assistant President of China Communications and Construction Company Wen Gang says they also intend to sub-contract about 40 percent of the project to local companies.
     
    At a meeting with President Uhuru Kenyatt. . .

  • Dangote Cement set to expand production plants

    Posted on :Monday , 18th August 2014

    Dangote Cement Plc plans to expand its cement production plants to Africa, Middle East and Latin American countries. The company hopes that it will, through the planned investment, rank among the top ten global cement manufacturers and also help Nigeria to earn foreign exchange.

     
    According to the Deputy General Manager of Production at the Ibese Plant, Sunday Adondua. . .

  • Nigeria seals $17m water construction deal with China s CGC

    Posted on :Monday , 18th August 2014

    Nigeria’s Cross River State has signed a $17 million contract for the construction of Ogoja Water scheme with a Chinese firm CGC.The State Commissioner for Water Resources, Mr. Etowa Elemi, signed the contract on behalf of the state government while the Managing Director of CGC Nigeria Limited, Mr. Ye Sejiun, signed on behalf of the Chinese company.
     
    Speaking at the si. . .

  • Louis Berger to oversee Yaounde-Douala highway segment construction in Cameroon

    Posted on :Monday , 18th August 2014

    Louis Berger, a $1 billion global professional services corporation, has recently signed a five-year project management contract financed by local funds for the construction of the first segment of the Yaoundé-Douala highway in Cameroon. The total construction value of the project is almost €7million.
     
    The road segment will connect Cameroon’s government and. . .

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