Market News
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Africa and China to build US$3.3bn port
Posted on :Thursday , 21st January 2016
Africa and China have signed a US$3.3bn deal to build a new transshipment port around 60km west of Algiers
portconstruction washingtonstatedeptoftransportation flickrAlgeria as a trade hub is rising in importance in East Africa, making it viable to build a port. (Image source: Washington State Dept of Transportation/Flickr)The agreement was signed between Algeria&rs. . .Construction of Port Reitz/Moi International Airport Access Road launched
Posted on :Thursday , 21st January 2016
The construction of the US$ 31m Port Reitz/Moi International Airport Access Road in Mombasa, Kenya has finally been launched by President Uhuru Kenyatta and is expected to ease traffic by allowing faster flow of goods.
The project which is being implemented by the Kenya National Highways Authority (KeNHA) and overseen by TradeMark East Africa (TMEA) is being f. . .African Country banks on president Xi Jinping�s visit to boost infrastructure
Posted on :Wednesday , 20th January 2016
Egypt banks on president Xi Jinping’s visit later this month to boost its infrastructure network seen as a key driver of the economy. A number of agreements that will align the economic interests and development goals of China and Egypt are expected to be signed when Mr Jinping visits Cairo.
According to a statement from cabinet ministers the county is f. . .Dangote to construct cement manufacturing plant in Africa
Posted on :Tuesday , 19th January 2016
Dangote Group now plans to construct a cement manufacturing plant in Zimbabwe chief strategist, Dr Abdu Mukhtar,has said. He added that they now feel comfortable and are excited about venturing in Zimbabwe.
Dr Mukhtar said was satisfied with the preliminary work and was ready to roll out its projects.He added that the grou. . .Construction work on Konza technology city in Kenya to begin March
Posted on :Tuesday , 19th January 2016
The groundbreaking of the US$ 12m Konza Technology City in Kenya will finally begin in March this year months after stalling allowing the development of the mega project to kick off.
Konza Technology City Development Authority (KoTDA) CEO Eng John Tanui confirmed the reports and said that the first phase comprising of 21 parcels of land on 60 acres is ready fo. . .Please Select an Option
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