Market News

  • Teraco to Construct Africa's Largest Data Center

    Posted on :Tuesday , 1st March 2016

    In a construction comprising 17 500sqm, Teraco, Africa’s only vendor neutral data centre, will be adding to its existing co-location facility and creating Africa’s largest data centre.

     
    Gys Geyser, Head of Operations at Teraco, says the building is not just an extension of services and white space, but a milestone for Teraco and the African data centre in. . .

  • Major dam in Kenya to be constructed

    Posted on :Wednesday , 24th February 2016

     A major dam in Kenya dubbed the largest water project in the semi-arid area is set to be constructed that will supply water and electricity to millions of residents, Water Cabinet Secretary Eugene Wamalwa has announced.

     
    Thwake Dam at the confluence of Thwake and Athi Rivers will supply water to over one million residents of Machakos, Makueni and Kitui counties. . .

  • Construction of state-of-the-art Olympic stadium in Rwanda to begin end of year

    Posted on :Tuesday , 23rd February 2016

    Rwanda Housing Authority (RHA) has confirmed that the construction of the long awaited state-of-the-art Gahanga Olympic Stadium will kick off later this year.

     
    The Rwanda Housing Authority (RHA) Director General, Eng. Didier Sagashya told the this website that the Gahanga Olympic Stadium is among multi-million dollar projects that by been contracted to Rwanda Housing. . .

  • Construction of major flyover by State govt. begins in Nigeria

    Posted on :Tuesday , 23rd February 2016

    Lagos State Government has commenced the construction of the Abule-Egba flyover in Nigeria. The state government has directly engaged stakeholders towards the projects’ successful completion.

     
    While addressing the stakeholders on the construction of the Abule-Egba flyover on Thursday at Abule Egba area in Lagos, southwest Nigeria, Engr. Ganiyu Johnson, Commissi. . .

  • Projects in East Africa amounted to Sh5.8 trillion in 2015

    Posted on :Friday , 19th February 2016

    East Africa had 20 percent of all projects in Africa accounting for $57.5 billion (Sh5.8 trillion) in 2015 according to a new report by Deloitte African Construction Trends.

     
    The report indicates that Kenya had the highest number projects in the region with 20 projects followed by Ethiopia with 12 projects.
    Two thirds of projects are old status, with a th. . .

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