Market News
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Major road in Kenya to be expanded into dual carriage
Posted on :Friday , 29th January 2016
A Japanese firm has been awarded a US$ 13m contract for the expansion of a major road in Kenya into dual carriage, the Kenya Urban Roads Authority (KURA) has announced.
The Japanese company, World Kaihatsu Kogyo (WKK) is set to commence operations in April this year and will in entails the installation of traffic signals, street lights and walkways to be. . .Kenya�s Nairobi County sets aside US$ 60.5m for roads construction
Posted on :Thursday , 28th January 2016
Kenya’s Nairobi County has set aside US$ 60.5m that will be used for the construction, rehabilitation and maintenance of roads in Nairobi and this will lead to the ease of traffic that is majorly experienced in the city.
Nairobi Governor Evans Kidero confirmed the reports and said that this initiative will eventually lead to effective service delivery to. . .Investment holding firm to construct mega cement plant in Africa
Posted on :Wednesday , 27th January 2016
Investment holding firm Zambia Consolidated Copper Mines (ZCCM-IH) is set to construct a cement plant in Zambia,Chief Executivve Officer of ZCCM-IH, Pius Kasolo has said. The plant will be set up at Ndola Lime on the Copperbelt with an initial investment worth $600 million.
Mr Pius Kasolo said the plant would be completed in three years time and is expected to. . .Construction of Konza techno city in Kenya boosts Nairobi image
Posted on :Tuesday , 26th January 2016
The commencement of the construction on Konza Techno City in Kenya is laying a solid foundation for the future of Nairobi city and boosting its image as well.
According to a report; The 2016 Jones Lang LaSalle (JLL) City Momentum Index (CMI) Nairobi is currently ranked position one in Sub-Saharan Africa and 11 globally among cities spurring technology an. . .Azura Power construction Project in Africa gets US$900m boost
Posted on :Monday , 25th January 2016
Electricity shortages in Nigeria could be a thing of the past following plans to construct an independent power scheme regarded one of its kind. Equity funders in collaboration with 20 international banks have committed US$900m towards the Azura Power construction Project in Nigeria.The 450MW gas-fired open-cycle power plant will be hosted in Edo State.
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