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Market News

  • Africa Development Bank approves US$210mn for road infrastructure

    Posted on :Thursday , 5th November 2015

     The board of directors of Africa Development Bank (AfDB) has approved funding of more than US$210mn to support road infrastructure projects in Tunisia

    Tunisia Road Rusty Clark Wikimedia CommonsThe road project is expected to help reduce road accidents and improve road infrastructure resilience. 
    Tunisia’s Road Infrastructure Modernisation Project (PMIR) se. . .

  • Chinese firm signs deal with Tatu City in Kenya to construct infrastructure

    Posted on :Wednesday , 4th November 2015

    Chinese firm Sinohydro, has signed an infrastructure construction deal with Tatu City in Kenya. The deal will see the water, sewerage and temporary road works developed.

    The agreement worth US$ 4m will cater for basic infrastructure that will supplement the first phase of the project and another seven-kilometre temporary road will be constructed to help facilitate ongoing constru. . .

  • New cement production technology to be adopted in Kenya

    Posted on :Wednesday , 4th November 2015

     Cement manufacturer ARM Cement in Kenya has announced that it will launch a new technology in the production of cement, a move that will significantly reduce the cost of  construction,the firm’s chief executive has announced.

     
    Speaking during a construction expo organised by Totally Concrete East Africa in collaboration with ARM Cement, chief executi. . .

  • Tanzania: Museum to be Erected for Laetoli Footprints

    Posted on :Wednesday , 4th November 2015

    Arusha — At least $200 million (about Sh400 billion) will be spent on the construction of a museum for Laetoli footprints in Ngorongoro Conservation Area (NCA), an expert has said.

     
    Dr Luois and Mary Leakey discovered the foot prints of human beings who date back to 3.6 million years ago were buried in 1998 to prevent them from weathering.
     
  • Kiyovu, Kimicanga, Construction to Start Soon - City of Kigali

    Posted on :Wednesday , 4th November 2015

    For a while, it has been speculated that the city of Kigali has failed to get potential investors to buy plots in lower Kiyovu.

     
    Found in Ubumwe cell, Muhima sector, Nyarugenge District, government identified this area as prime for investors because of its strategic location in the Central Business District (CBD).
     
    Residents of this slum. . .

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