Market News
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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 accessto 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.. . .China to invest in major construction projects in Africa
Posted on :Tuesday , 24th November 2015
Chinese firm Henan International Cooperation Group under the jurisdiction of Henan province is set to invest in major construction projects in Nigeria. This follows a meeting between Henan commissioner Mr. Jiao Jinmiao and Cross River State Governor Ben Ayade in Chinese city of Zhengzhou.
Among the planned investments includes constructing a power plant,. . .Please Select an Option
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