Market News
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Nigeria: Cement Co. Begins N700 Million Concrete Road Construction
Posted on :Tuesday , 29th March 2016
A subsidiary of Lafarge Africa Plc, and member of LafargeHolcim, Ashaka Cement Plc has flagged-off an eight kilometres concrete road construction in Maiganga, Gombe State.
The Maiganga Concrete Road Construction project is one of such several projects Lafarge Africa Plc has embarked on in the past few months.Chairman, Board of Directo. . .Kenya: 13 Firms Sign Up for Land at Tatu Mega City
Posted on :Saturday , 26th March 2016
Mega real estate mixed-use project Tatu City announced on Thursday it had set aside money for initial infrastructure after sealing deals with 13 companies in the Sh350 billion planned development in Ruiru.
This, even as its parent investor, private equity firm Rendeavour, said it was scouting for more land in Africa.Rendeavour country. . .Kenya Economy Gets Positive Outlook from Moody's
Posted on :Friday , 25th March 2016
British-based global ratings agency Moody's has given Kenya's economy a positive outlook based on its growth trend, stability as well as its future and fiscal trajectory.
According to the agency's latest report, the country's infrastructure push and rapidly expanding services underpin one of the strongest growth rates in sub-Saharan Africa over the past two years.Nigeria: Construction begins on U.S.$300 Million Stadium Project in Nnewi
Posted on :Tuesday , 22nd March 2016
Awka — Chairman FC Ifeanyi Ubah, Chief Ifeanyi Ubah, has disclosed that his club has started the construction of a $300 million stadium project in Nnewi, Anambra State.
Ubah said while fielding questions from journalists on Friday in Nnewi that the stadium would create about 5,000 jobs on completion, while it would be the first of its kind in Nigeria.<. . .Nigeria: State Govt. Commences Construction of 114 Rural Roads
Posted on :Tuesday , 22nd March 2016
The Lagos State government said it has commenced the construction of the promised 114 roads, across the 57 council areas of the state, to bring succor to the people at the grassroots.
This move, according to Governor Akinwunmi Ambode, is in fulfillment of one of his campaign promises of investing massively in the construction of rural roads.. . .Please Select an Option
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