Market News
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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. . .
Nigeria seals $17m water construction deal with China s CGC
Posted on :Monday , 18th August 2014
Nigeria’s Cross River State has signed a $17 million contract for the construction of Ogoja Water scheme with a Chinese firm CGC.The State Commissioner for Water Resources, Mr. Etowa Elemi, signed the contract on behalf of the state government while the Managing Director of CGC Nigeria Limited, Mr. Ye Sejiun, signed on behalf of the Chinese company.
Speaking at the si. . .
Louis Berger to oversee Yaounde-Douala highway segment construction in Cameroon
Posted on :Monday , 18th August 2014
Louis Berger, a $1 billion global professional services corporation, has recently signed a five-year project management contract financed by local funds for the construction of the first segment of the Yaoundé-Douala highway in Cameroon. The total construction value of the project is almost €7million.
The road segment will connect Cameroon’s government and. . .Please Select an Option
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