Market News

  • Africa�s largest solar carport in Kenya to be opened at newly constructed Garden City mall

    Posted on :Wednesday , 9th September 2015

     Africa’s largest solar carport in Kenya constructed by Solarcentury is set to be opened at the newly constructed Garden City mall. The move is set to cut carbon emissions by around 745 tonnes annually.

     
    Solarcentury said that the constructed solar carport in Kenya will use the dual-mode technology which is a highly innovative energy solution that provides. . .

  • Construction of Power plants in Egypt gets funding from Japan

    Posted on :Wednesday , 9th September 2015

    Construction of power plants in Egypt has received a boost following the signing of a deal worth $243 million with Japan International Cooperation Agency.

     
    The funds which will be channeled to Egyptian electricity companies are  aimed at enhancing the country’s troubled electricity sector that has seen several areas experience outages.
     
  • Chinese firm to build new industrial park in East Africa

    Posted on :Wednesday , 9th September 2015

     China Civil Engineering Corporation (CCECC) has concluded a US$246mn deal with Ethiopia’s Industrial Parks Development Corporation (IPDC) for the construction of the Hawassa Industrial Park

     
    Ethiopian firm MH Engineering has been appointed as a consultant on the project, which will be completed in nine months. The industrial park will focus on garment man. . .

  • Sino Cement to invest US$20mn in Africa\'s Construction Industry

    Posted on :Tuesday , 8th September 2015

     Sino Cement Zimbabwe is setting up a brick and tile manufacturing unit in Gweru, Zimbabwe at the cost of US$20mn

    Brick Factory - adam fletcher - Wikipedia CommonsThe unit will create about 200 local jobs and manufacture about 60mn bricks annually. 
    The cement producing company is a subsidiary of China National Materials Group Corporation (SINOMA), which is admin. . .

  • Uganda: Real estate market showing signs of recovery

    Posted on :Monday , 7th September 2015

     Uganda’s property market has continued to show signs of recovery in the retail and office sectors, amid concerns over high interest rates and volatility of the shilling.

     
    Retail performance, according to crane management services, remained vibrant during the first half of the year, with most shopping places registering more than 90% occupancy.

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