Market News
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Construction of New Oil Terminal in Mombasa To Begin in October
Posted on :Tuesday , 5th April 2016
Kenya will start building a new offshore crude oil and refined fuel jetty in October.
The jetty is expected to increase efficiency in delivery of imported refined fuel for Kenya's domestic use and export to Uganda, Rwanda, Burundi and eastern Democratic Republic of Congo.The Kenya Ports Authority (KPA) plans to build the jetty near Do. . .Nigeria: State Governor Promises Completion of U.S.$1.7 Billion Seaport by 2019
Posted on :Saturday , 2nd April 2016
Lagos State Governor Akinwunmi Ambode has pledged to complete the $1.7 billion Lekki Seaport in 2019, saying upon completion, it would be the deepest seaport in sub-Saharan Africa.
The governor, who reeled out the numerous investment opportunities that abound in the state to prospective investors in critical sectors such as power, agriculture, transportation, health. . .Nigeria: Governor Flags Off Construction of N5.7 Billion Flyover
Posted on :Friday , 1st April 2016
Ado-Ekiti — Governor Ayodele Fayose Ekiti State yesterday flagged off the construction of a N5.7 billion flyover in Ado Ekiti, the state capital with a promise that all projects awarded by his government would be completed before the expiration of his tenure.
Speaking while kick-starting the1.2-kilometre project, the governor said the facility would be deliver. . .Nigeria: State Govt Awards 700 Contracts for Construction of School
Posted on :Friday , 1st April 2016
Makurdi — The Benue State Government has concluded plans to award 700 contracts for the provision of structures and facilities in primary schools. The Executive Chairman of the State Universal Basic Education Board (SUBEB), Dr. Philip Tachin, who announced this, said the contract would be given out on merit, adding that under his watch, the board would insist on project delivery. He expla. . .
Kenya: Corporation Signs Sh50 Billion Deals With Local Suppliers for Railway Construction
Posted on :Wednesday , 30th March 2016
China Road and Bridge Corporation has since inception signed contracts worth Sh50 billion with local suppliers for the construction of the standard gauge railway.
The deals have led to the creation of over 38,000 jobs, easing the government's unemployment burden.The firm, in its social responsibility report 2015 on the Sh400 billion M. . .Please Select an Option
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