Market News
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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. . .
DP World Creates 5-Point Africa Plan
Posted on :Tuesday , 2nd February 2016
A five point plan to help tackle Africa’s infrastructure gap is among the findings of a new DP World report unveiled at the Africa Global Business Forum.
Public private partnerships, domestic bond financing, monitoring the life cycle of infrastructure by maintaining and upgrading existing stock, enhanced trade integration and improved trade facilitation . . .Please Select an Option
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