Market News

Kogi to Commission 1.6 Billion Mega Motor Park Soon
Kogi to Commission 1.6 Billion Mega Motor Park Soon
21 December 2015

Lokoja — Governor Idris Wada of Kogi State said yesterday that the N1.6 billion worth ultra modern mega motor pack being constructed in Lokoja will be ready for commissioning before he hands over to the next administration in January 2016.   Wada who said this after inspecting the proje . . .

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Chinese Firm to Build Leading Steel Pipe Plant in Nigeria
Chinese Firm to Build Leading Steel Pipe Plant in Nigeria
21 December 2015

Lagos — Chinese steel pipe manufacturer, Jiangsu Yulong Group, on Wednesday held a groundbreaking ceremony for a large-scale factory in Nigeria's Lagos Lekki Free Trade Zone.   The groundbreaking ceremony was attended by government officials, Chinese envoys and representatives from priv . . .

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Construction industry in Africa continues to Embrace Innovation
Construction industry in Africa continues to Embrace Innovation
19 December 2015

 A recent report by Deloitte shows that for African construction industry to grow all firms have no option but to remain innovative so that they can be able to remain on top of the construction game in Africa.   Evidence has shown that innovative businesses are twice as likely to report . . .

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East Africa: KFAED signs US$15mn agreement for road development
East Africa: KFAED signs US$15mn agreement for road development
19 December 2015

 The Rwandan government and the Kuwait Fund for Arab Economic Development (KFAED) have signed a US$15mn concessional loan to support the construction of the Nyagatare-Rukomo road project in Rwanda roadconstruction klinkow pixabayRwanda, which is a landlocked nation, is in dire need of good roa . . .

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China Pledges Support to Accra Compost and Recycling Plant
China Pledges Support to Accra Compost and Recycling Plant
18 December 2015

The Chines government has pledged to offer assistance to the management of the Accra Compost and Recycling Plant (ACARP) to ensure efficient management of liquid waste in the country.   Addressing journalists after a tour of the Accra Compost and Recycling Plant at Adjen Kotoko in Accra on Tu . . .

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