Market News
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Increasing capacity and improving efficiency at East African Ports
Posted on :Tuesday , 9th September 2014
Growing volumes of cargo at all African ports has forced port authorities and operators to increase capacity, analyse operations to increase efficiency, and employ measures to allow bigger ships into their ports. The East Africa Region has various projects underway. The new Lamu P. . .
Ethiopia plans Africa\'s biggest dam
Posted on :Saturday , 6th September 2014
Ethiopia's ambitious plan to build a US$ 4.2 billion dam in the Benishangul-Gumuz region, 40 km from its border with Sudan, is expected to provide 6,000 megawatts of electricity, enough for its population plus some excess it can sell to neighbouring countries.
Dubbed the Grand Ethiopian Renaissance Dam, it will be Africa's biggest dam and will depend on water . . .
Hyatt Regency Arusha, Tanzania to be constructed at US$60m
Posted on :Saturday , 6th September 2014
Hyatt Hotels Corporation has entered into a partnership with ASB (Tanzania) Limited that will see the later. . .
Tetra Tech signs US$25m contract for Phase 1 of Konza City
Posted on :Saturday , 6th September 2014
Tetra Tech Inc will oversee development of phase 1 of Konza city following the signing of a contract between them and Konza Technopolis Development Authority (KoTDA).
Tanzania to construct 50, 000 houses in a US$ 48 m real estate project
Posted on :Saturday , 6th September 2014
A total of USD 48.24 will be used in the first phase construction of houses in Tanzania to provide shelter for public servants. The real estate project will be funded by the government of Tanzania.
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