Market News
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Africa: Technology, innovation and infrastructure development
Posted on :Saturday , 25th July 2015
Continuous growth on the African continent has brought with it a growing need for infrastructure development to meet the requirements of the growing population.With that said innovation in the construction industry is at the core of development on the continent.Toby Shapshak, who will be a Keynote speaker at the African Construct. . .
Multimillion dollar Century Park Complex Rwanda set for construction
Posted on :Friday , 24th July 2015
The Kenya Commercial Bank Rwanda and Century Park Ltd have inked a financial partnership agreement to fast-track the multimillion dollar Century Park Complex Rwanda in Kigali .
The bank will put in more than $200 million into the construction of the Century Park Complex Rwanda that is expected to add more than 200 apartments, 16 dinner lavish villas, supermarkets and two 5 star . . ..jpg)
US$350million oil pipeline in Kenya from Mombasa to Nairobi.
Posted on :Friday , 24th July 2015
Kenya Pipeline Company has secured a $350million loan to invest in the construction of a new 450-kilometre oil pipeline in Kenya from Mombasa to Nairobi.
The state owned oil dispenser will move ahead to a 20 inch contemporary multi-product oil pipeline in Kenya to reinstate the more than 30 year old – 14 inch pipeline currently in use.For the duration of the s. . ..jpg)
Kenya signs US$ 333m deal for Kuresoi dam construction
Posted on :Wednesday , 22nd July 2015
BNP Paribas Italy and Intesa San Paolo banks have signed a US$ 333m agreement with Kenya for the construction of Kuresoi dam in Kuresoi, Nakuru county.
The signing of the agreement at State House, Nairobi, was witnessed by President Uhuru Kenyatta and Italian Prime Minister Matteo Renzi after they held bilateral talks. The agreement brings Italy’s total . . .
Construction boom and building innovation in East Africa
Posted on :Wednesday , 22nd July 2015
According to the African Development Bank, East Africa will grow by 5.6% in 2015 and by 6.7% in 2016, making it the fastest growing region on the continent.
Today 54% of the world’s population lives in urban areas, but by 2050 the urban population is expected to rise as high as 62% in Africa. Currently only about 40% of African people live in urban environment. . .Please Select an Option
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