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Market News

  • Infrastructure investment in Africa has quadrupled

    Posted on :Tuesday , 23rd June 2015

     Infrastructure investment spending in South Africa had increased and was being taken seriously as Africa was receiving a growing share of foreign direct investment, President Jacob Zuma said on Thursday. Print Send to Friend 1 1 “Infrastructure investment spending has quadrupled, exports have increased and Africa is receiving a growing share of foreign direct investment… Thes. . .

  • Tanzania: Four-Lane Road Construction Starts

    Posted on :Tuesday , 23rd June 2015

    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 are kicking off in near Tengeru is part of the implementation of the proposed mult. . .

  • UK Based Compny celebrates 15 years of quality construction in Africa

    Posted on :Monday , 22nd June 2015

     African Supplies Ltd. (ASL) began in 2000 with the purpose of establishing strong distribution channels for supply of quality building materials in sub-Saharan Africa. This began with AHI Roofing’s Decra and Gerard branded roofing systems, now used extensively for residential and commercial projects. From a standing start, Africa now contributes 33% of global sales to the company.

  • US$ 60m hydroelectric power plant in East Africa

    Posted on :Saturday , 20th June 2015

    East Africa is set to start works on the construction of a US$ 60m hydroelectric power station that will aim at reinforcing the energy sector in the country.

    The power plant- Kagu 006 hydroelectric plant which is located in Cibitote, five kilometres from Bujumbura town was created under a public and private partnership project (PPP) which is a better agreement that will see it come to. . .

  • Works on Rwf17b KBC project begin

    Posted on :Tuesday , 16th June 2015

    Shortage of commercial and office space in the City of Kigali could soon reduce following plans to construct a 10-storey building at the site that was previously occupied by the Kigali Business Centre (KBC).

     

    The works on the Rwf17 billion project will start in August, Janviere Mporanyi, the Kigali Business Centre (KBC) managing director, has said.

     

    T. . .

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