Market News

 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 loca . . .

 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 resilienc . . .

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 . . .

 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 . . .

Arusha — At least $200 million (about Sh400 billion) will be spent on the construction of a museum for Laetoli footprints in Ngorongoro Conservation Area (NCA), an expert has said.   Dr Luois and Mary Leakey discovered the foot prints of human beings who date back to 3.6 million years a . . .