Market News
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Zambia s US$259.3m Kazungula Bridge project kicks off
Posted on :Friday , 19th September 2014
Construction of the large Zambia’s Kazungula brigde has started after the ground-breaking ceremony was held on the Botswana side of the Kazungula border on 12th of this month.The ground-breaking ceremony was led by Vice –President Guy Scott and his Botswana counterpart, Ponatshego Kedikilwe. The former urged the con. . .
Tanzania: Dar Port Infrastructure Set for Further Improvement
Posted on :Wednesday , 17th September 2014
Goods containers piled up at Dar es Salaam port ready for forwarding to various destinations. The port is set to receive funds from a combined soft loan and grants from the World Bank and the UK's Department of International Development (DFID) for activities aimed at impr. . .
US$ 331m to be spent on road network expansion in Ethiopia
Posted on :Wednesday , 17th September 2014
The Addis Ababa City Roads Authority (AACRA) has set aside US$331m for roads in the Addis Ababa city, Ethiopia. The city of Addis Ababa presently has a road network covering 4671km, which is expected to be increased to 5275km.
Egypt to tender five US$ 2.8 b new technology parks project
Posted on :Tuesday , 16th September 2014
The government of Egypt has unveiled plans to tender five projects to construct modern technology parks across the country at an estimated US$ 2.8 b to boost its revenues. This follows planned issuance of a unified landline and mobile telecoms licenses.
Chinese firms to construct the new US$ 700m Gebba River Dam, Ethiopia
Posted on :Tuesday , 16th September 2014
The Ethiopian Government has awarded a contract for the construction of a new Gebba River Dam. The cost of the contract is US$700m. It will be built along Gebba River, near the border of Jimma and Illubabur zones of the Oromia Regional State.
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