Market News
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Cement Firms Eye Construction Boom in East Africa
Posted on :Monday , 11th April 2016
Mombasa Cement Ltd plans to invest Ksh7.3 billion ($73 million) to expand the factory's production capacity.
The company is eyeing the market created by construction boom in East Africa and other countries in the larger region.The investment in a new clinker and cement unit is expected to ease pressure on prices, which dropped to $7 p. . .Nigeria: Govt to Start Work On 31 Major Roads Soon
Posted on :Saturday , 9th April 2016
Lagos — Vice President Yemi Osinbajo says the Federal Government will soon commence work on 31 major roads across the country in its drive to develop infrastructure and grow the economy.
The vice president stressed the need for collaboration among states of the federation in order to stimulate the economy, just as he attributed the country's economic woes to o. . .Cote d'Ivoire: Dangote Constructs U.S.$200 Million Cement Plant
Posted on :Saturday , 9th April 2016
Lagos — Dangote Cement Plc is deepening its pan African expansion drive with the commencement of construction of a new 3-million metric ton per annum capacity cement grinding plant in Cote d'Ivoire.
The new project is coming just as the company announced the ground breaking of a new 6-million metric ton per annum Greenfield cement plant in Okpella, Edo state a. . .Nigeria: 'Infrastructure Investment Key to Nation's Survival'
Posted on :Thursday , 7th April 2016
Securing and improving on Nigeria's infrastructure stock through prioritized investments, has again been listed as the pathway to the nation's long-term success and economic revival.
Besides, a new report by The Boston Consulting Group (BCG), said the nation's stock of wealth and assessed potentials has failed to translate into the well-being of the populace.. . .Kenya Signs MoUs Worth Sh28 Billion with France For Infrastructure Development
Posted on :Wednesday , 6th April 2016
Kenya has signed seven memorandums of understanding that will see the country receive upto 250 million euros (Sh28.8 billion).
The agreements were signed after President Uhuru Kenyatta met his French counterpart Francois Hollande for bilateral agreements.The financing are a culmination of both grants and loans negotiated through the n. . .Please Select an Option
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