Market News
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Dutch firm wins tender for expansion of Dar airport
Posted on :Thursday , 5th November 2015
BAM INTERNATIONAL HAS RECEIVED INSTRUCTIONS TO PROCEED WITH PHASE II OF DESIGNING AND BUILDING THE NEW TERMINAL III OF JULIUS NYERERE INTERNATIONAL AIRPORT (JNIA). FULLY KNOWN AS KONINKLIJKE BAM GROEP OR ROYAL BAM GROUP, IS A MAJOR EUROPEAN CONSTRUCTION-SERVICES BUSINESS WITH HEADQUARTERS IN BUNNIK, NETHERLANDS.
The firm said in its website that the Tanzania Airport Authority (TAA), inst. . .Chinese company to set up cement plant in Africa
Posted on :Thursday , 5th November 2015
Namibian and Chinese investors have announced a plan to set up a cement plant at the cost of US$350mn near Otjiwarongo, Namibia
cement sebastianbarre flickrThe setting of the plant has enough limestone to last production for at least 40 years.Whale Rock Cement (Whale Rock) is the local partner on the project along with Chinese Asia and Africa Business Manageme. . .Africa Development Bank approves US$210mn for road infrastructure
Posted on :Thursday , 5th November 2015
The board of directors of Africa Development Bank (AfDB) has approved funding of more than US$210mn to support road infrastructure projects in Tunisia
Tunisia Road Rusty Clark Wikimedia CommonsThe road project is expected to help reduce road accidents and improve road infrastructure resilience.Tunisia’s Road Infrastructure Modernisation Project (PMIR) se. . .Tanzania: Museum to be Erected for Laetoli Footprints
Posted on :Wednesday , 4th November 2015
Arusha — At least $200 million (about Sh400 billion) will be spent on the construction of a museum for Laetoli footprints in Ngorongoro Conservation Area (NCA), an expert has said.
Dr Luois and Mary Leakey discovered the foot prints of human beings who date back to 3.6 million years ago were buried in 1998 to prevent them from weathering.Kiyovu, Kimicanga, Construction to Start Soon - City of Kigali
Posted on :Wednesday , 4th November 2015
For a while, it has been speculated that the city of Kigali has failed to get potential investors to buy plots in lower Kiyovu.
Found in Ubumwe cell, Muhima sector, Nyarugenge District, government identified this area as prime for investors because of its strategic location in the Central Business District (CBD).Residents of this slum. . .Please Select an Option
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