Market News
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Construction boom brightens future for East Africa
Posted on :Friday , 22nd August 2014
It is a ‘boom’ as many people are describing the growth of East Africa Construction industry. Many investors have taken the advantage of the boom by shaking off their pockets to invest in skyscrapers, shopping malls, roads, schools, hospitals etc.
Both private and public sectors are in a hurry trying to satisfy the rising middle class and regional . . ..jpg)
Nigeria: OSOPADEC Constructs N300 Million Pedestrian Bridge in Riverine Area
Posted on :Thursday , 21st August 2014
Akure — Concerned by the difficulties being encountered by the residents of the riverine communities in accessing their homes, the Ondo State Oil Producing Areas Development Commission (OSOPADEC) has launched the construction of innovational footbridges worth N300 million in its mandate areas.
The bridges, which would be constructed in the OSOPADEC manda. . .
Angola s 1300km, Chinese-built railway is finished
Posted on :Thursday , 21st August 2014
One of China’s biggest construction firms finished building a 1,344km railway in Angola, Africa this week, and plans to put it into operation this year.
The $1.83bn project, carried out by China Railway Construction, rehabilitated sections of the old Portuguese-built Benguela railway linking . . .
Tanzania: Aga Khan Development Network to Invest U.S. $1 Billion (Sh1.6 Trillion)in Expansion Plans for Tanzania
Posted on :Wednesday , 20th August 2014
THE recent visit by His Highness the Aga Khan has opened up Tanzania to greater investments in the economic and social development of the country.
Dangote Cement set to expand production plants
Posted on :Monday , 18th August 2014
Dangote Cement Plc plans to expand its cement production plants to Africa, Middle East and Latin American countries. The company hopes that it will, through the planned investment, rank among the top ten global cement manufacturers and also help Nigeria to earn foreign exchange.
According to the Deputy General Manager of Production at the Ibese Plant, Sunday Adondua. . .Please Select an Option
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