Market News
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Construction of major hydro-power project in Africa launched
Posted on :Tuesday , 1st December 2015
Zambia has begun the construction of what it says is a major hydro-power project aimed at boosting the country’s electricity generation capacity.
The construction of 750 megawatts Kafue Gorge Lower Hydro-power project in Zambia begins following the signing of a memorandum of understanding between Zambia and China.
The hydro-power project in Zambia, to be situ. . .Kilimanjaro Airport Upgrade to Double Its Capacity
Posted on :Monday , 30th November 2015
The upgrade of Tanzania's second largest airport, Kilimanjaro International Airport, is underway. It is expected to give KIA the capacity to handle more aircraft and passengers.
The makeover, which started last week, will see all runways, apron, taxiways and passenger lounges modernised.Project engineer Mathew Ndossi said that the $39. . .Africa\'s Lafarge Readymix partners with Construction Kaiser Ltd
Posted on :Saturday , 28th November 2015
Lafarge Ready Mix Nigeria Ltd. formalised its partnership with Construction Kaiser Limited at a signing ceremony that took place at The MoorHouse Hotel, Ikoyi, Lagos, Nigeria.
The agreement records a mutual understanding of partnership, in which LRMN will supply all of CKL’s Ready Mix Concrete needs, nationwide.Engr. Igbua. . .Sameer Africa to construct a stadium in Kenya
Posted on :Thursday , 26th November 2015
Sameer Africa Group is planning to construct a 26,000-seater stadium in Kenya that will encourage the development of sports in that region. The stadium will be constructed in Nandi County.
Sameer Africa which is owned by Naushad Merali signed a Memorandum of Understanding (MOU) with Nandi County Governor Cleopas Langat on the construction of the stadium and the investment firm pl. . .World Bank calls for diversification on infrastructure funding in East Africa
Posted on :Thursday , 26th November 2015
The World Bank is now calling for diversification on infrastructure funding in Ethiopia in a bid to finance its infrastructure projects to avoid heavy reliance on the state.
In recent years the country has been carrying much of the burden of raising finance for infrastructure development while at the same time demanding that banks invest the equivalent o. . .Please Select an Option
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