Market News
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Kuwait Fund Signs Nyagatare-Rukomo Road Agreement with East Africa
Posted on :Tuesday , 15th December 2015
A Loan Agreement was signed today in Kigali between the Republic of Rwanda and Kuwait Fund for Arab Economic Development whereby the Fund will extend a loan of Kuwaiti Dinars Four Million and Five Hundred Thousand Kuwaiti Dinars (K.D. 4,500,000/-), approximately 15.3 million US Dollars, to help finance the Nyagatare-Rukomo Road Project.
The Loan Agreement was . . .Uganda: Sukulu Phosphate Project Gets Shs788 Billion Boost
Posted on :Thursday , 10th December 2015
Kampala — The construction of Uganda Sukulu phosphate factory in Tororo District has got a boost of $240 million (about Shs787.7b) at the China-Africa Investment and Financing Forum held in South Africa.Industrial and Commercial Bank of China (ICBC) in cooperation with the Standard Bank Group will disburse the money in tranches to Guangzhou DongSong Energ. . .Namibia: Ra Signs Agreements Worth N$2.6 Billion
Posted on :Thursday , 10th December 2015
The Roads Authority (RA) yesterday signed three contracts worth about N$2.6 billion for the rehabilitation and upgrading of three road projects.
"The Roads Authority has been talking about some of the major projects in the history of the country and today these projects will become reality," said RA's chief executive officer, Conrad Lutombi, during the sig. . .South Africa: R20 Million for Limpopo Village Road Upgrade
Posted on :Thursday , 10th December 2015
Pretoria — The Lephalale Local Municipality will spend R20 million upgrading a road in Ga-Monyeki village, in Limpopo.
The six-month project will create about 40 jobs and will improve access to remote areas in the municipality.This is the third road to be upgraded in a rural village in Lephalale this financial year as part of th. . .Tanzania signs US$400mn deal with Japan for road projects
Posted on :Thursday , 10th December 2015
Tanzania has signed a deal with Japan for nearly US$400mn to develop major roads in the country
road jbdodane flickrImproving the quality of roads in Tanzania is a primary concern for JICA and the country's transport authorities.The Japan International Cooperation Agency (JICA), on behalf of the Japanese government, will provide the money. Along with the African Dev. . .Please Select an Option
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