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Market News

  • 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.

    Construction of the Juba-Bor Road in Sudan begins

    Posted on :Saturday , 6th September 2014

    Construction of the Juba-Bor road has started after the signing of an agreement between the Jonglei state government and UNMISS. UNMISS is a Korean contingent of engineers who work for United Nations’ peacekeeping mission in the country.

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