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Market News

  • Africa\'s Lafarge Readymix partners with Construction Kaiser Ltd

    Posted on :Saturday , 28th November 2015

     Lafarge Ready Mix Nigeria Ltd. formalised its partnership with Construction Kaiser Limited at a signing ceremony that took place at The MoorHouse Hotel, Ikoyi, Lagos, Nigeria.

     
    The agreement records a mutual understanding of partnership, in which LRMN will supply all of CKL’s Ready Mix Concrete needs, nationwide.
     
    Engr. Igbua. . .

  • World Bank calls for diversification on infrastructure funding in East Africa

    Posted on :Thursday , 26th November 2015

     The World Bank is now calling for diversification on infrastructure funding in Ethiopia in a bid to finance its  infrastructure projects to avoid heavy reliance on the state.

     
    In recent years the country has been carrying much of the burden of raising finance for infrastructure development while at the same time demanding that banks invest the equivalent o. . .

  • Nedbank and DBSA partner to construct green houses in Africa

    Posted on :Thursday , 26th November 2015

     Nedbank Corporate and Investment Banking (NCIB) and the Development Bank of Southern Africa‘s Green Fund (DBSA) has partnered to construct 400 green houses in South Africa.

     
    The construction of green houses in South Africa will combine social and environmental sustainability to promote access
    to better quality housing units with lower running . . .

  • Japan to invest in Construction of Mombasa�s port

    Posted on :Wednesday , 25th November 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. . .

  • Newly constructed major underpass in Africa officially opened

    Posted on :Wednesday , 25th November 2015

     A newly constructed major underpass in South Africa has been officially opened by the Executive Mayor of the City of Ekurhuleni, Mr  Mondli Gungubele at the Riverfields Boulevard.

     
    Riverfields is a mixed use development that has attracted global brands, among others DHL, John Deere, Jonsson and DB Schenker, to state-of-the-art business and logistics parks.. . .

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