Market News
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Construction of phase II of Mombasa port terminal in Kenya to begin
Posted on :Thursday , 12th November 2015
The construction of phase II of Mombasa port terminal in Kenya will start early 2017, Kenya Ports Authority managing director Gichiri Ndua has said. When complete, the second container terminal will provide and additional capacity of 470,000 and 550,000 TEUs.
Mr Ndua added that the construction project of phase II of Mombasa port terminal in Kenya will cost US$ 213m t. . .Four industrial parks in Ethiopia to be contracted
Posted on :Thursday , 12th November 2015
Four industrial parks in Ethiopia will be constructed in the next two years that will cost US$ 2bn, a senior government official has confirmed.
Trade and industry State Minister Tadesse Haile confirmed that the concerned people have finalized on the inspection of four more parks in the eastern town of Dire Dawa, Kombolcha and Mekelle in the country’s North, and Adama in the. . .Huila - Transport Minister Unveils Housing Complex in Lubango
Posted on :Wednesday , 11th November 2015
Lubango — A housing complex comprising 103 houses was inaugurated on Saturday in Lubango, southern Huila province, by the minister of transport, Augusto da Silva Tomás.
The project, built in two years, is part of the project of rehabilitation and modernization of Moçâmedes Railways (CFM) underway since 2005, through a public-private partner. . .China-Funded National Stadium to Complete
Posted on :Wednesday , 11th November 2015
Lilongwe — The Malawi government has expressed satisfaction with a chinese-funded national stadium scheduled to complete later this month in Malawi capital, Lilongwe.
In a tour of the multi-million dollar facility on Wednesday, Minister of Transport and Public Works Francis Kasaila said the stadium would not only change the face of the city but also put Malawi. . .Construction of hydropower plants in Rwanda gets financial support
Posted on :Wednesday , 11th November 2015
Afritech Energy (AE) and East African Power have signed a US$ 40m agreement that will see the construction of four hydropower plants in Rwanda.
The agreement will involve construction of four hydropower sites in Bihongora, Karambo II, Gatare Sebeya and Muregeya. Other two projects will be in Rustiro and two more in Rubavu.
Executive Chairman of Afritech Dan Klinck . . .Please Select an Option
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