Market News

Construction of a four-star hotel, worth Rwf 4billion, by the Rwanda Football Federation (FERWAFA) will commence next month, the Federation president Vincent Nzamwita, has said.   The hotel will be built in four phases and the first phase will include construction of 40 rooms.   FIFA h . . .

 Construction of a four-lane road linking Sakina section of Arusha City with Tengeru Township in Meru has started and the massive infrastructure whose works kicked off last Thursday is aimed at easing congestion along Arusha-Moshi highway.   The four-lane, two track motorway, whose works . . .

 The new US$250mn plant has an annual capacity of 1.5mn tonnes and is located at Tabligbo, around 80 km northeast of Lomé. According to the company, with the Scantogo investment, HeidelbergCement has become the largest German foreign investor in Togo. The US$50mn Cimburkina cement grin . . .

 World-class pump manufacturing requires expert engineers and expertise in systems for fluid management. Kirloskar Brothers Limited (KBL) trades precisely on these attributes. KBL is the flagship subsidiary of the US$2.1bn Kirloskar Group. KBL leads Africa’s markets for fluid management s . . .

 The factory has a capacity of three million tonnes annually, and is expected to boost Tanzania’s annual output to six million tonnes. It is located in the country’s Mtwara region. Once complete, the cement factory will supply cement to nearby and landlocked nations in the region. . . .