Market News | Buildexpo Tanzania 2025

Market News

  • 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. . .

  • 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. . .

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