Market News
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Massingir dam in Mozambique to be rehabilitated to improve safety
Posted on :Monday , 6th October 2014
The National Directorate of Water (DNA) through the Regional Administration of Water South (ARA-Sul) has awarded a contract for the rehabilitation of the damaged bottom outlets and related works on the 48 metre high Massingir dam in the Gaza Province of Mozambique. Aurecon has been appointed to supervise the construction of these rehabilitatio. . .
Construction of $31.8b Tanzania China Logistics Centre to start soon
Posted on :Monday , 6th October 2014
Construction of $31.8b Tanzania China Logistics Centre in Kurasini is on the offing following the release of $0.6b to compensate residents where the project will be based. Speaking to journalists, Dr Abdallah Kigoda, the Minister for Industry and Trade said that the Export Processing Zones Authority (EPZA) has already received the money for th. . .
RBPlat to invest in $250.9m housing project - Phase II for its workers
Posted on :Wednesday , 1st October 2014
South Africa’s mining company, Royal Bafokeng Platinum will, in the next five years, invest over US$250m to complete Phase two of the employee housing development scheme for its workers. The company will, during the Phase two of the project, construct 3100 housing units. The project’s approval was an. . .
Two new hospitals to be built in Mozambique at US$ 30m
Posted on :Tuesday , 30th September 2014
Two new hospitals are set to be constructed in Sofala Province, Mozambique at a cost of US$ 30m. This follows a Memorandum of Understanding signed between the Dutch, French and Mozambican governments.
US$ 5.9m upgrade of Kamembe airport in Rwanda to start November
Posted on :Tuesday , 30th September 2014
Refurbishment and renovation of Kamembe Airport in Western Province of Rwanda, is set to start off this November. The renovations are set to help decongest the facility and accommodate big aircrafts, according to The Rwanda Civil Aviation Authority (RCAA) communications manager, Tony Barigye.
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