Market News
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US$ 10.8m agreement signed for renewable energy projects in Kenya
Posted on :Friday , 6th November 2015
Chase Bank and the French Development Agency have signed a US$ 10.8m loan to finance renewable energy projects in Kenya.
Chase Bank Chief Executive Paul Njaga confirmed the reports and said that the money will be lent to businesses that want to invest in renewable energy technologies projects such as small hydro, biomass, biogas, solar, geothermal and other energy efficient measu. . .Chinese company to set up cement plant in Africa
Posted on :Thursday , 5th November 2015
Namibian and Chinese investors have announced a plan to set up a cement plant at the cost of US$350mn near Otjiwarongo, Namibia
cement sebastianbarre flickrThe setting of the plant has enough limestone to last production for at least 40 years.Whale Rock Cement (Whale Rock) is the local partner on the project along with Chinese Asia and Africa Business Manageme. . .Africa Development Bank approves US$210mn for road infrastructure
Posted on :Thursday , 5th November 2015
The board of directors of Africa Development Bank (AfDB) has approved funding of more than US$210mn to support road infrastructure projects in Tunisia
Tunisia Road Rusty Clark Wikimedia CommonsThe road project is expected to help reduce road accidents and improve road infrastructure resilience.Tunisia’s Road Infrastructure Modernisation Project (PMIR) se. . .Chinese firm signs deal with Tatu City in Kenya to construct infrastructure
Posted on :Wednesday , 4th November 2015
Chinese firm Sinohydro, has signed an infrastructure construction deal with Tatu City in Kenya. The deal will see the water, sewerage and temporary road works developed.
The agreement worth US$ 4m will cater for basic infrastructure that will supplement the first phase of the project and another seven-kilometre temporary road will be constructed to help facilitate ongoing constru. . .New cement production technology to be adopted in Kenya
Posted on :Wednesday , 4th November 2015
Cement manufacturer ARM Cement in Kenya has announced that it will launch a new technology in the production of cement, a move that will significantly reduce the cost of construction,the firm’s chief executive has announced.
Speaking during a construction expo organised by Totally Concrete East Africa in collaboration with ARM Cement, chief executi. . .Please Select an Option
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