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Market News

  • 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. . .

  • Tanzania sets aside US$17m for construction of ring road

    Posted on :Friday , 15th August 2014

     The Ministry of Works in Tanzania has set aside US$17m for construction of ring roads in Dar es Salaam Tanzania.

     
    The funds are aimed at constructing tarmac ring roads in the city to ease traffic being experienced. The government has already set aside US$1.2m for the installation of road lights from Mwenge to Tegeta along Ali Hassan Mwinyi Road.
    &nb. . .

  • Tanzania: Sh28 Billion Set Aside for Ring Roads in Dar

    Posted on :Wednesday , 13th August 2014

     THE Minister for Works, Dr John Magufuli, has said the 2014/15 financial year would see a total of 28bn/- being spent on the construction of 79.9 kilometre- long ring roads in Dar es Salaam.

    Tanzania: Local NGO to Construct Development Institute

    Posted on :Wednesday , 13th August 2014

     WARD Vision, a local non-governmental organisation (NGO) in collaboration with Janada Bachelor Foundation for Children (JBFC) from the US through the American Embassy in Dar es salaam expects to construct a modern development institute at Ikindwa Bukene in Nzega Dis. . .

  • New Bugesera International Airport, Rwanda among projects that need US$1bn

    Posted on :Wednesday , 13th August 2014

     The Government of Rwanda is planning to borrow US$1bn to fund various infrastructure projects in the country next year. The most pressing of the development projects on line is the construction of Bugesera International Airport and power plants.

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