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Market News

  • Construction of 8,000 kilometres of tarmac roads in Kenya to begin

    Posted on :Tuesday , 8th December 2015

     Construction of  8,000 kilometres of tarmac roads in Kenya is set to begin in a week’s time to ease transportation of goods and passengers and boost the country’s economy, Transport Principal Secretary John Mosonik  has said.

     
    He said that the construction of the tarmac roads in Kenya will involve the tarmacking of roads in various parts o. . .

  • Dam in Kenya to be constructed with World Bank support

    Posted on :Tuesday , 8th December 2015

     The World Bank will support the construction of a dam in Kenya  to provide enough water to residents. This follows a financial agreement that was signed by Kenya and the  World Bank to the tune of  US$ 200m to help in the  construction of Mwache dam in Kwale County.

     
    The agreement which was signed during climate talks in Paris is part of a l. . .

  • Turkish construction firm partners with Unicef to build school in Africa

    Posted on :Saturday , 5th December 2015

     A Turkish construction company has partnered with Unicef to build a school in Nigeria aimed at enabling hundreds of children get education.

     
    Turkish prefabricated housing firm Karmod, will construct the school in Nigeria’s Borno province.
     
    The first phase of the project will see the building of 30 mobile prefabricated classro. . .

  • Construction Of The Julius Neyerere International Airport New Terminal Reaches 65% Completion

    Posted on :Friday , 4th December 2015

    Duth Contractor BAM International (BAM) has recently announced that construction works of the new Terminal 3 at the Julius Neyerere International Airport (JNIA) have so far reached a completion of 65%.

    The license to start the construction of the new EUR 100 million terminal, was awarded by Tanzania Airport Authority (TAA) in November, 2015 and follows rehabilitation works of th. . .

  • JICA boosts construction of roads in Tanzania

    Posted on :Thursday , 3rd December 2015

     Tanzania has signed a US$ 400m loan deal with Japan to boost construction of roads in the country. The road construction in the country is aimed at triggering the growth of business activities.

     
    Masharu Yoshida, the Japanese Ambassador to Tanzania confirmed that Japan International Cooperation Agency (JICA) and African Development Bank (AfDB) will help finance . . .

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