Market News
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Hilton Hawassa Resort and Spa in Ethiopia to be constructed by 2020
Posted on :Friday , 2nd October 2015
Hilton Hawassa Resort and Spa in Ethiopia is set to join a portfolio of more than 70 Hilton Worldwide properties in Africa with its construction stated for 2020 in Ethiopia.
An agreement which was signed by Sunshine Business PLC and Hilton Worldwide has brought the Hawassa project to birth.
Senior Vice President of Development, Europe and Africa for Hilton Worldwid. . .Appolonia and Eban Properties to develop homes on 20 hectares of land at the landmark satellite city project
Posted on :Friday , 2nd October 2015
The 2-3 bedroom houses to be constructed by Eban Properties will have prices ranging from $75,000 to $100,000. Show houses will be completed by December 2015.
The residential development, called The Oxford, is the second to be announced by the project developers this year. In March, Appolonia launched its 24-hectare Nova Ridge residential enclave, allowing homebuyers to design an. . .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. . .Please Select an Option
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