Market News
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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. . .Kenya leads list of most infrastructure projects in East Africa in the last year
Posted on :Thursday , 18th February 2016
Kenya had the highest number of infrastructure deals in East Africa last year on the back of mega real estate projects and the standard gauge railway, says a report by financial consultancy Deloitte.
The Africa Construction Trends report 2015 says that there were some 61 reported infrastructure projects in the region worth Sh5.9 trillion ($57.5 billion), an amount n. . .Please Select an Option
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