Market News

Nigeria: 'Infrastructure Investment Key to Nation's Survival'
Nigeria: 'Infrastructure Investment Key to Nation's Survival'
7 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 p . . .

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Kenya Signs MoUs Worth Sh28 Billion with France For Infrastructure Development
Kenya Signs MoUs Worth Sh28 Billion with France For Infrastructure Development
6 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 culmin . . .

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Construction of New Oil Terminal in Mombasa To Begin in October
Construction of New Oil Terminal in Mombasa To Begin in October
5 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 . . .

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Nigeria: State Governor Promises Completion of  U.S.$1.7 Billion Seaport by 2019
Nigeria: State Governor Promises Completion of U.S.$1.7 Billion Seaport by 2019
2 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 inv . . .

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Nigeria: Governor Flags Off Construction of N5.7 Billion Flyover
Nigeria: Governor Flags Off Construction of N5.7 Billion Flyover
1 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-start . . .

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