Market News
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Road construction in African Nation Blantyre to begin
Posted on :Monday , 15th February 2016
Construction of three roads in Malawian commercial capital Blantyre is set to kick off after the Blantyre City Council received $1.6 million dollars from government.
The three roads set for upgrade are; Chilomoni Ring Road, Angelo Goveya to Manje and Living Waters to Zion in Chimwankhunda.Blantyre City Mayor, Noel Chalamanda pre. . .Construction sector in East Africa booms
Posted on :Thursday , 11th February 2016
A quick survey across the city of Kigali indicates that the construction sector in Rwanda is booming. But it is the high demand in the real estate sector that has been exacerbated by a growing middle class in the country that gives stakeholders sleepless nights.
Patrick Sebatigita, CEO of Ujenge Group-a construction company says that the construction sec. . .US$ 300m Kigali Convention Centre constructed in East Africa set to open
Posted on :Wednesday , 10th February 2016
The multi-million Kigali Convention centre in Rwanda’s capital is set to be officially opened in June this year; this is according to Ultimate Concepts Limited (UCL) who owns the project.
Kigali Convention Centre which is anticipated to be a hub of a lot of services in East African Community will further host the 27th African Union Summit and this will b. . .Construction firms in Zimbabwe to trade with Tanzania
Posted on :Friday , 5th February 2016
Construction firms in Zimbabwe should tap into the Tanzanian market to assist in boosting their economy, the export promotions body, ZimTrade has advised.
ZimTrade further stated that the construction industry in Tanzania, since 2002 has recorded tremendous growth as a result of increased infrastructure development, government support and significant diplomatic and . . .East Africa Rising: Construction Opportunities
Posted on :Wednesday , 3rd February 2016
As the international construction market becomes more globalised and competition for untapped markets increase, Africa especially East Africa has seen extensive influx of foreign capital. Increasingly firms are taking advantage of the lucrative potential of a continent that is still largely lacking access to basic infrastructure, to build adequate transport networks, water supply, functio. . .
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