Market News

South Africa: R20 Million for Limpopo Village Road Upgrade
South Africa: R20 Million for Limpopo Village Road Upgrade
10 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 . . .

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Tanzania signs US$400mn deal with Japan for road projects
Tanzania signs US$400mn deal with Japan for road projects
10 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 o . . .

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Construction industry in Africa to grow by 8% in 2016 says report
Construction industry in Africa to grow by 8% in 2016 says report
9 December 2015

 Construction industry in Egypt  has been projected to grow by eight per cent in 2016 after an estimated 9.8 per cent in 2015, the Egyptian Ministry of Finance has reported. The report reveals that the growth due to the steady support of the sector by public private partnerships (PPPs) an . . .

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Construction of 8,000 kilometres of tarmac roads in Kenya to begin
Construction of 8,000 kilometres of tarmac roads in Kenya to begin
8 December 2015

 Construction of  8,000 kilometres of tarmac roads in Kenya is set to begin in a week’s time to ease transportation of goods and passengers and boost the country’s economy, Transport Principal Secretary John Mosonik  has said.   He said that the construction of the . . .

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Dam in Kenya to be constructed with World Bank support
Dam in Kenya to be constructed with World Bank support
8 December 2015

 The World Bank will support the construction of a dam in Kenya  to provide enough water to residents. This follows a financial agreement that was signed by Kenya and the  World Bank to the tune of  US$ 200m to help in the  construction of Mwache dam in Kwale County.   . . .

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