Market News
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Kenya: Investment Co. Plans Construction of 9,500-acre City in Kilifi County
Posted on :Friday , 18th March 2016
NSE-listed investment company Centum has started preparations for the construction of an exclusive 9,500-acre city in Kilifi County, extending its entry into high-end real estate development.Centum, which is also behind the Two Rivers Mall, tipped to be Kenya's biggest on completion, is building the city on land it bought last year from Rea Vipingo Holdings, a . . .Kenya: Design for New Mombasa Bridge Construction Begins
Posted on :Wednesday , 16th March 2016
Nairobi — The government through the Ministry of Transport and Infrastructure has kicked off the design for the construction of the Mombasa Gate Bridge.
The Ministry says the Survey team arrived on Monday to start their work, of which the first phase will be conducted until July this year while the second phase will go up to February 2017.South Africa : Durban Proposed to Get Africa's Tallest Building
Posted on :Friday , 11th March 2016
A private company has proposed constructing the tallest building in Africa and in the Southern Hemisphere, the eThekwini Municipality said.
Municipal spokesperson Tozi Mthethwa said the concept of the Durban Iconic Tower was presented to the economic development and planning committee on Wednesday.She said no final decision had been m. . .Rwanda : Ethiopian Construction Works Corporation to Construct Irrigation Project
Posted on :Thursday , 10th March 2016
The Ethiopian Construction Works Corporation has taken its first overseas project as it finalized an agreement to construct an irrigation infrastructure development project in Rwanda.
The Corporation organised a farewell ceremony for supervisors of the 3.6 billion Rwandan franc project, which is expected to have national as well as international impact.. . .Atkins Targets East Africa Projects With Buyout of Multidisciplinary Consultancy
Posted on :Saturday , 5th March 2016
Atkins announces the acquisition of Howard Humphreys East Africa Limited Group, a multidisciplinary consultancy based in Kenya and Tanzania, which employs around 200 people. This move marks a significant step for Atkins providing a geographic expansion into the Africa market as a locally-based company. We expect the transaction to complete in approximately three months.
Howard Humphreys. . .
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