Market News

Nigeria: 'Infrastructure Investment Key to Nation's Survival'
Nigeria: 'Infrastructure Investment Key to Nation's Survival'
7 April 2016

Securing and improving on Nigeria's infrastructure stock through prioritized investments, has again been listed as the pathway to the nation's long-term success and economic revival.   Besides, a new report by The Boston Consulting Group (BCG), said the nation's stock of wealth and assessed p . . .

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Tanzania: Tallest Building in Eastern & Central Africa to be Completed By August
Tanzania: Tallest Building in Eastern & Central Africa to be Completed By August
5 April 2016

Construction of the tallest building in Eastern and Central Africa, owned by Tanzania Ports Authority (TPA) will be complete in August.   According to the Director of KM&Archplans (T) Ltd, the lead company of construction consortium, Mr Albert Mwambafu, construction of the building was curren . . .

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Tanzania: Construction of Two New Berths at Port to Begin Next Year
Tanzania: Construction of Two New Berths at Port to Begin Next Year
5 April 2016

Tanzania Ports Authority (TPA) has finally secured funds for construction of berths 13 and 14 which were on drawing board for almost five years.   The fund, 690 million US dollar, put together by World Bank, DFID and TPA, will enable the much awaited project to take off in 2016/17 fiscal year . . .

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Nigeria: State Governor Promises Completion of  U.S.$1.7 Billion Seaport by 2019
Nigeria: State Governor Promises Completion of U.S.$1.7 Billion Seaport by 2019
2 April 2016

Lagos State Governor Akinwunmi Ambode has pledged to complete the $1.7 billion Lekki Seaport in 2019, saying upon completion, it would be the deepest seaport in sub-Saharan Africa.   The governor, who reeled out the numerous investment opportunities that abound in the state to prospective inv . . .

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Nigeria: Governor Flags Off Construction of N5.7 Billion Flyover
Nigeria: Governor Flags Off Construction of N5.7 Billion Flyover
1 April 2016

Ado-Ekiti — Governor Ayodele Fayose Ekiti State yesterday flagged off the construction of a N5.7 billion flyover in Ado Ekiti, the state capital with a promise that all projects awarded by his government would be completed before the expiration of his tenure.   Speaking while kick-start . . .

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