Market News

Construction sector in East Africa booms
Construction sector in East Africa booms
11 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 Sebatigi . . .

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US$ 300m Kigali Convention Centre constructed in East Africa set to open
US$ 300m Kigali Convention Centre constructed in East Africa set to open
10 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 Afri . . .

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Construction firms in Zimbabwe to trade with Tanzania
Construction firms in Zimbabwe to trade with Tanzania
5 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 i . . .

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East Africa Rising: Construction Opportunities
East Africa Rising: Construction Opportunities
3 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 la . . .

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DP World Creates 5-Point Africa Plan
DP World Creates 5-Point Africa Plan
2 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 upgradin . . .

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