Market News

 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.   . . .

 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 w . . .

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 Tanz . . .

 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 Coo . . .

 The Nelson Mandela Bay Municipality is set to embark on infrastructure construction projects that will see houses refurbished, roads resurfaced and potholes fixed.   The Municipality will spend R99m on the projects with Magennis Street, being one of the projects receiving R25m set aside . . .