Market News
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Construction on Mombasa�s port to begin in early 2017
Posted on :Tuesday , 22nd December 2015
Work on the second phase of Mombasa port’s second container is scheduled to commence in early 2017
portmombasa pixabay huskyherzThe port of Mombasa is a key trade gateway to and fro East Africa.Kenya Ports Authority managing director Gichiri Ndua said that the construction is likely to cost nearly US$213mn, and provide an additional capacity of 470,000 a. . .Kogi to Commission 1.6 Billion Mega Motor Park Soon
Posted on :Monday , 21st December 2015
Lokoja — Governor Idris Wada of Kogi State said yesterday that the N1.6 billion worth ultra modern mega motor pack being constructed in Lokoja will be ready for commissioning before he hands over to the next administration in January 2016.
Wada who said this after inspecting the project at Felele area of Lokoja, expressed satisfaction with the quality of job d. . .Chinese Firm to Build Leading Steel Pipe Plant in Nigeria
Posted on :Monday , 21st December 2015
Lagos — Chinese steel pipe manufacturer, Jiangsu Yulong Group, on Wednesday held a groundbreaking ceremony for a large-scale factory in Nigeria's Lagos Lekki Free Trade Zone.
The groundbreaking ceremony was attended by government officials, Chinese envoys and representatives from private companies.Jiangsu Yulong Group, which was. . .Construction industry in Africa continues to Embrace Innovation
Posted on :Saturday , 19th December 2015
A recent report by Deloitte shows that for African construction industry to grow all firms have no option but to remain innovative so that they can be able to remain on top of the construction game in Africa.
Evidence has shown that innovative businesses are twice as likely to report increased productivity compared with businesses that don’t innovate.East Africa: KFAED signs US$15mn agreement for road development
Posted on :Saturday , 19th December 2015
The Rwandan government and the Kuwait Fund for Arab Economic Development (KFAED) have signed a US$15mn concessional loan to support the construction of the Nyagatare-Rukomo road project in Rwanda
roadconstruction klinkow pixabayRwanda, which is a landlocked nation, is in dire need of good roads to improve intra and inter-country connectivity.The project entail. . .Please Select an Option
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