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 Worldwide, Patrick Fizigibbon, confirmed the news and said that with Ethiopia’s known hospit.... Read more »
Posted on : Friday , 2nd October 2015
Tenders for consultancy services and engineering designs for the development of several ports in Tanzania have been advertised by the Tanzania Ports Authority (TPA).
The tender entails a request for interest in consultancy services for feasibility studies and preliminary engineering designs for development of new ports at Kilwa, Lindi and Rushungi, plus a transshipment hub along the Indian Ocean coast.
The ports in Tanzania will boost easy movement of g.... Read more »
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 and build their own homes on a range of plot sizes.
“We are pleas.... Read more »
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.
“ECP has invested in various African engineering and construction companies since 2006, and.... Read more »
Posted on : Friday , 2nd October 2015
FAR Limited (FAR) has entered into a farm-in option agreement with a subsidiary of Trace Atlantic Oil (Trace) for the Djiffere block offshore Senegal.
Posted on : Friday , 2nd October 2015
As Ford's only manufacturing operation in the Middle East and Africa‚ Ford Southern Africa is in pole position to benefit from the group's decision to intensify marketing and production in sub-Saharan Africa‚ says Stephen Odell‚ president of Ford's European‚ Middle East and African operations. Ford has the capacity to increase it production in South Africa, particularly of the Ranger model. Ford has the capacity to increase it production in South Africa.... Read more »
Posted on : Friday , 2nd October 2015
Timber firm- York Timbers, has announced plans to construct an electrical biomass power plant in South Africa at its timber plant worth US $0.10bn.
Posted on : Friday , 2nd October 2015
The construction of Chollet Hydropower Dam in Cameroon has received a new breath after the signing of a major agreement. Minister of Water Resources and Energy, Basile Atangana Kouna and the Minister of Energy and Hydraulics of the Republic of Congo, Henri Ossebi have signed agreements to speed up the project. According to the minister the project which is expected to boost the power production of the country will be carried out and the time frame set for the same will be high.... Read more »
Posted on : Friday , 2nd October 2015
Umutoni said the investors representing over 50 Chinese firms have already met with their Rwandan counterparts and pledged to leverage on the country’s good investment climate to scaleup investments in these sectors.
Posted on : Thursday , 1st October 2015
Umutoni said the investors representing over 50 Chinese firms have already met with their Rwandan counterparts and pledged to leverage on the country’s good investment climate to scaleup investments in these sectors.
Posted on : Thursday , 1st October 2015
The investors, who are already in Nairobi to attend an international conference, have expressed interest in investing in green energy, one of the fastest growing energy sub-sectors in Africa.
Posted on : Thursday , 1st October 2015
Sri Lanka’s Sierra Cables has decided to open a cable manufacturing company in Kenya to promote power generation projects in East Africa powercable AndreRobertoDoretoSantos flickrThe East African region has potential for cable manufacturers to enhance their business interests.
Posted on : Thursday , 1st October 2015
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