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.

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US$ 7.6bn standard gauge railway for Tanzania

Posted on :Thursday , 4th June 2015

 Tanzania in conjunction with a Chinese company is set to construct a 2,561 km standard gauge railway at a cost of US$ 7.6bn. The railway line will connect the Dar es Salaam port to land-locked countries and hence enhance the economy of the country.

Ethiopia to build biggest air cargo hub in Africa

Posted on :Tuesday , 2nd June 2015

Ethiopian Airlines’ drive to become a global carrier is to be supported by the construction of a world-class cargo terminal at Addis Ababa Bole International Airport.

The $98m terminal, which will be the size of five football grounds, is to be designed by German engineer Unitechnik Group.

According to Unitechnik, the new terminal will be able to handle 600,00. . .

WB cooperates with Chinese firm to develop low-cost houses in Africa

Posted on :Tuesday , 2nd June 2015

NAIROBI - The World Bank's private sector arm, the International Finance Corporation (IFC), on Friday inked a new partnership with Chinese construction and engineering company to develop low-cost houses in three African countries.

IFC and CITIC Construction Co., Ltd will set up a joint venture and inject 300 million U.S. dollars to develop 30,000 homes in Kenya, Rwanda and Nigeri. . .

Construction of a super highway linking Liberia and Cote d Ivoire set to kick off

Posted on :Monday , 1st June 2015

 The construction of a super highway linking Liberia and Côte d’Ivoire is set to kick off and the project will be funded by the African Development Bank (AfDB).