Market News

  • ABYSSINIA GROUP OF COMPANIES SIGNS UP AS THE GOLD SPONSOR FOR THE 19TH BUILDEXPO AFRICA 2016.

    Posted on :Friday , 18th March 2016

    Abyssinia Group signs up as Gold Sponsor at East Africa’s largest Building & Construction Expo – BuildExpo Africa taking place from the 04th to 06th June 2016 at a brand new, larger and conveniently located venue – The Carnivore Dome. Abyssinia Group is the largest steel producers in East Africa and will be showcasing their products at the mega event.

    Operational i. . .

  • Kenya: Investment Co. Plans Construction of 9,500-acre City in Kilifi County

    Posted on :Friday , 18th March 2016

    NSE-listed investment company Centum has started preparations for the construction of an exclusive 9,500-acre city in Kilifi County, extending its entry into high-end real estate development.
     
    Centum, which is also behind the Two Rivers Mall, tipped to be Kenya's biggest on completion, is building the city on land it bought last year from Rea Vipingo Holdings, a . . .

  • Kenya: Design for New Mombasa Bridge Construction Begins

    Posted on :Wednesday , 16th March 2016

    Nairobi — The government through the Ministry of Transport and Infrastructure has kicked off the design for the construction of the Mombasa Gate Bridge.

     
    The Ministry says the Survey team arrived on Monday to start their work, of which the first phase will be conducted until July this year while the second phase will go up to February 2017.
     
  • South Africa : Durban Proposed to Get Africa's Tallest Building

    Posted on :Friday , 11th March 2016

    A private company has proposed constructing the tallest building in Africa and in the Southern Hemisphere, the eThekwini Municipality said.

     
    Municipal spokesperson Tozi Mthethwa said the concept of the Durban Iconic Tower was presented to the economic development and planning committee on Wednesday.
     
    She said no final decision had been m. . .

  • Rwanda : Ethiopian Construction Works Corporation to Construct Irrigation Project

    Posted on :Thursday , 10th March 2016

    The Ethiopian Construction Works Corporation has taken its first overseas project as it finalized an agreement to construct an irrigation infrastructure development project in Rwanda.

     
    The Corporation organised a farewell ceremony for supervisors of the 3.6 billion Rwandan franc project, which is expected to have national as well as international impact.
    . . .

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