Market News
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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. . .Bloomberg survey ranks Kenya sixth in green power generation
Posted on :Thursday , 26th November 2015
Kenya is now among top ten nations in regards to green power generation, a report released by Bloomberg New Energy Finance shows.
The 2015 Climatescope Index ranks Kenya sixth out of 55 countries that are investing in wind, solar geothermal and other renewable power generation worth US$126bn of investments.
Energy Regulatory Commission (ERC) also gave out a r. . .Please Select an Option
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