Market News
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EMERGING CAPITAL PARTNERS INVESTS IN TWO NORTH AFRICAN CONSTRUCTION COMPANIES
Posted on :Friday , 2nd October 2015
Emerging Capital Partners (ECP), an international private equity firm focused on investing across the African continent, announced today that it has acquired controlling stakes in two North African construction sector businesses. The equity investments in Shoresal and Almes, totaling USD $26.2 million, are part of ECP’s strategy to expand its North Africa portfolio.
“. . .Canadian firm SkyPower to revitalize solar market in Kenya
Posted on :Thursday , 1st October 2015
Canadian solar firm SkyPower has announced plans to invest US$ 4.4bn in a bid to boost solar market in Kenya over the next five years.
The funds will be used in the installation of 1GW of solar power capacity in the country and distribute 2 million home solar power kits as well as install more than 3,000 solar-powered street lamps. It will also construct a fabrication. . .Construction work on phase two of Waverley office park in South Africa to begin
Posted on :Wednesday , 30th September 2015
Barrow Properties broke ground for construction work on the second phase of Waverley office park in South Africa measuring 3 351m² and 2 123m2. This will create a rentable area of 5 742m² with completion expected for June 2016.
According to the MD of Barrow Properties, Paul Barrow,Waverley office park in South Africa will incorporate features which will appeal to. . .Maintenance of public roads in Uganda to cost US$ 26m
Posted on :Wednesday , 30th September 2015
The government of Uganda has announced that it was embarking on a road maintenance programme to boost transport. Public roads in Uganda according to the government need a face lift.
The maintenance of public roads in Uganda will cost a whopping US$ 26m.
Michael Odongo, the executive director of the Uganda Road Fund confirmed the reports and urged the Government to . . .
Amplats unveils constructed cogeneration power plant in South Africa
Posted on :Wednesday , 30th September 2015
Anglo American Platinum (Amplats) recently unveiled its 5MW cogeneration power plant in South Africa worth US $10.63m located at its Waterval Smelting Complex in Rustenburg.
The cogeneration power plant in South Africa was commissioned by project developer Vuselela Energy and Equity provider H1 holdings and it would help capture waste heat from Amplat’s conversion plant whi. . .Please Select an Option
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