Market News
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Plan hatched to revive construction industry in Southern Africa .
Posted on :Monday , 23rd November 2015
The once thriving construction industry in Botswana will be revived through an economic stimulus programme, MP Dr Pelonomi Venson-Moitoi has announced.
Dr Pelonomi said the construction sector was one of the areas that the government eyes to stimulate the economy and create jobs. The decision was informed by assessment that showed the economic benefits of boosting the constructio. . .China to invest in major construction projects in Africa
Posted on :Monday , 23rd November 2015
Chinese firm Henan International Cooperation Group under the jurisdiction of Henan province is set to invest in major construction projects in Nigeria. This follows a meeting between Henan commissioner Mr. Jiao Jinmiao and Cross River State Governor Ben Ayade in Chinese city of Zhengzhou.
Among the planned investments includes constructing a power plant, warehouses, an indu. . .Cargo airport in West Africa to be constructed
Posted on :Monday , 23rd November 2015
A US$100.51m cargo airport in Nigeria will be constructed in Nasarawa State, governor Tanko Al-makura, has said. The governor was speaking during the signing of the financial contract agreement between the state government and Tongyi Group Engineering, a Chinese firm tasked with the construction with their representative HYPAD .
The agreement stated that the Chinese firm wi. . .France boosts energy efficiency in East Africa
Posted on :Saturday , 21st November 2015
The French Development Agency (AFD) under the SUNREF programme has pledged to help in boosting energy efficiency in Uganda, the country’s Commissioner for Energy James Banabe has said.
AFD which seeks to finance green projects, has earmarked $13 million to fund companies looking to implement energy efficiency in Uganda by financing equipment and measures.
Govt to ease issuance of construction permits in Kenya
Posted on :Saturday , 21st November 2015
A special committee involving construction regulators has been formed to help look into challenges surrounding issuance of construction permits in Kenya that have been dragging the country down in global business competitiveness.
The committee will look into the nature of construction permits Kenya and related challenges.
The team will then advise on whether . . .Please Select an Option
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