Market News

US$ 331m to be spent on road network expansion in Ethiopia
US$ 331m to be spent on road network expansion in Ethiopia
19 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.   The project seeks to add 600km of road t . . .

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Eren Holdings to invest in a new cement production plant in Cameroon
Eren Holdings to invest in a new cement production plant in Cameroon
19 September 2014

    CEO of Turkish Eren Holdings has signed an investment agreement that will see the company undertake a new project, involving construction of a new cement production plant in Cameroon. The agreement was signed last week between the CEO and government of Cameroon.   The new ceme . . .

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Zambia s US$259.3m Kazungula Bridge project kicks off
Zambia s US$259.3m Kazungula Bridge project kicks off
19 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 coun . . .

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Tanzania: Dar Port Infrastructure Set for Further Improvement
Tanzania: Dar Port Infrastructure Set for Further Improvement
17 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 improving efficiency at the port . . .

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US$ 331m to be spent on road network expansion in Ethiopia
US$ 331m to be spent on road network expansion in Ethiopia
17 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. The project seeks to add 600km of road to the city’s road ne . . .

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