Market News

Namibia: Ra Signs Agreements Worth N$2.6 Billion
Namibia: Ra Signs Agreements Worth N$2.6 Billion
10 December 2015

The Roads Authority (RA) yesterday signed three contracts worth about N$2.6 billion for the rehabilitation and upgrading of three road projects.   "The Roads Authority has been talking about some of the major projects in the history of the country and today these projects will become reality, . . .

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South Africa: R20 Million for Limpopo Village Road Upgrade
South Africa: R20 Million for Limpopo Village Road Upgrade
10 December 2015

Pretoria — The Lephalale Local Municipality will spend R20 million upgrading a road in Ga-Monyeki village, in Limpopo.   The six-month project will create about 40 jobs and will improve access to remote areas in the municipality.   This is the third road to be upgraded in a rural . . .

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Tanzania signs US$400mn deal with Japan for road projects
Tanzania signs US$400mn deal with Japan for road projects
10 December 2015

 Tanzania has signed a deal with Japan for nearly US$400mn to develop major roads in the country road jbdodane flickrImproving the quality of roads in Tanzania is a primary concern for JICA and the country's transport authorities. The Japan International Cooperation Agency (JICA), on behalf o . . .

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Construction industry in Africa to grow by 8% in 2016 says report
Construction industry in Africa to grow by 8% in 2016 says report
9 December 2015

 Construction industry in Egypt  has been projected to grow by eight per cent in 2016 after an estimated 9.8 per cent in 2015, the Egyptian Ministry of Finance has reported. The report reveals that the growth due to the steady support of the sector by public private partnerships (PPPs) an . . .

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

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