Market News

  • Chinese firm begins the construction of police houses in Zambia

    Posted on :Monday , 16th November 2015

    Chinese firm Avic International has been awarded a contract to construct 2, 350 houses in Zambia for police officers at the cost of US $320m.

    President Edgar Lungu indicated optimism for the project during the ground breaking ceremony for the construction of the first 48 houses in Zambia capital Lusaka. This is expected to be completed end of March 2016.
    President Lungu no. . .

  • Algeria-China - Agreement for Construction of Cultural, Entertainment Complex in Algiers

    Posted on :Monday , 16th November 2015

    Algiers — An agreement was signed, Thursday, between Algeria and China for the construction of a cultural and entertainment complex for youth in the municipality of Baraki (Algiers).

     
    The signing ceremony took place in the presence of the minister of Housing, Urban Planning and the City, Abdelmajid Tebboune, the minister of Youth and Sports El Hadi Ould Ali, th. . .

  • Eko Atlantic City Project Attracts International Attention

    Posted on :Thursday , 12th November 2015

    Eko Atlantic City has been held up as a model of development for the future city and one that has the potential to change the landscape of Lagos.

     
    The project is already attracting the attention of investors across the world as it nears completion, in line with the new focus on Africa, which is seen as the next frontier in the real estate market. Aside the expansion . . .

  • Uganda: Construction, Agro-Processing Dominate Top 100 Company List

    Posted on :Thursday , 12th November 2015

    Kampala — Companies involved in construction and agro-processing have dominated this year's Top 100 Mid-sized company list, the findings of a survey by KPMG and Daily Monitor have revealed.

     
    The annual survey, whose findings will be released tomorrow, shows the construction sector registered a 67 percentage growth in sales up from 33 while companies involved in. . .

  • Kenya: NCA Registers 18,000 Contractors

    Posted on :Thursday , 12th November 2015

    Nairobi — The National Construction Authority (NCA) has registered 18,000 contractors in different categories ranging from building, civil works and other specialised fields.

     
    NCA Executive Director Daniel Manduku said over 150,000 construction workers and site supervisors had been accredited in a move aimed at enforcing order to the construction sector.
    . . .

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