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Market News

  • 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. . .

  • Namibia: B1 Construction Cost Up By N$95 Million

    Posted on :Wednesday , 4th November 2015

    THE projected cost of constructing the B1 dual carriageway between Windhoek and Okahandja has increased by N$95 million due to changes to the design.

     
    The road will now have two full lanes on both sides running side-by-side once the project is completed, thereby scrapping the initial converging dual and single lanes that were set to be constructed on some parts of th. . .

  • Nigeria: Shell, Others Begin Construction of Industrial Park

    Posted on :Wednesday , 4th November 2015

    The Nigerian Content Development and Monitoring Board (NCDMB) and Shell Petroleum Development Company of Nigeria (SPDC) last Friday performed the ground breaking of a mini industrial park to boost Nigerian Content goals.

     
    The event took place in Port Harcourt, Rivers State and featured three original equipment manufacturers (OEMS) utilised by Shell for its operations. . .

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