Market News
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Construction firm Murray and Roberts wins big with new International contracts
Posted on :Saturday , 30th January 2016
Construction firm Murray and Roberts has announced that its subsidiaries, Clough and CH-IV International have secured contracts for projects in the oil and gas sectors in South Korea and the US.
Construction firm Murray & Roberts, a group of world-class companies and brands is a JSE listed group with headquarters in Johannesburg, South Africa.. . .Investment holding firm to construct mega cement plant in Africa
Posted on :Wednesday , 27th January 2016
Investment holding firm Zambia Consolidated Copper Mines (ZCCM-IH) is set to construct a cement plant in Zambia,Chief Executivve Officer of ZCCM-IH, Pius Kasolo has said. The plant will be set up at Ndola Lime on the Copperbelt with an initial investment worth $600 million.
Mr Pius Kasolo said the plant would be completed in three years time and is expected to. . .Azura Power construction Project in Africa gets US$900m boost
Posted on :Monday , 25th January 2016
Electricity shortages in Nigeria could be a thing of the past following plans to construct an independent power scheme regarded one of its kind. Equity funders in collaboration with 20 international banks have committed US$900m towards the Azura Power construction Project in Nigeria.The 450MW gas-fired open-cycle power plant will be hosted in Edo State.
. . .China to construct mega sea port in Africa
Posted on :Monday , 25th January 2016
Algeria’s Transport Ministry, China State Construction Engineering Corporation (CSCEC) and China Harbour Engineering Company (CHEC) have signed an agreement to construct a mega sea port in Algeria.
The US$3.3bn project will be constructed on the new center transshipment port of Cherchell. However, a consortium company to build the port will be establishe. . .World Bank boosts infrastructure in Africa with $100m loan
Posted on :Saturday , 23rd January 2016
Infrastructure in Gabon has received a shot in the arm after the World Bank extended a $100 million loan aimed at boosting infrastructure in the country.
The approved loan is the second phase of the Infrastructure and Local Development project. The project aims to improve access to urban infrastructure and services in selected underserviced neighbourhood and t. . .Please Select an Option
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