Market News

Diversified Qatari real estate firm Ezdan Holding Group has announced its interest to enter the Ethiopian market with a proposed  mega tourist project in Ethiopia. The proposed 150,000m² resort construction project will features a high-quality technical specifications in terms of facilitie . . .

 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 l . . .

 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 Ka . . .

 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 . . .

 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 . . .