Market News

 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 s . . .

 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 . . .

  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 r . . .

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.     The current Aga Khan, who has been a friend of Tanzania since before independence is a keen follower and partner in the socio-economic d . . .

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 t . . .