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Market News

  • 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. . .

  • Kenya: Tatu City Seals Sh400m Deal With Infrastructure Firm Sinohydro

    Posted on :Wednesday , 4th November 2015

    Tatu City has sealed a Sh400 million deal with international infrastructure firm Sinohydro to lay out basic infrastructure that will supplement the first phase of the project.

     
    The Chinese engineering firm will set up infrastructure for water, sewerage and temporary road works for Tatu City's development.
     
    The additional seven-kilometre . . .

  • Fate of Kudu Power construction Project in Namibia to be known 2016

    Posted on :Wednesday , 4th November 2015

    The fate of Kudu Power construction Project in Namibia will be known in mid 2016, Managing Director of National Petroleum Corporation of Namibia (Namcor), Immanuel Mulunga has announced.

    Since the stalling of the project, cost has doubled up to about US $2.3bn and it will entail the transfer of gas from the offshore Kudu field to a floating production system. This will then be pi. . .

  • Newly constructed 55MW solar power project in Tanzania commissioned

    Posted on :Wednesday , 4th November 2015

    The newly constructed 55MW solar power project in Tanzania has been commissioned. The project was launched at University of Dodoma (UDOM) in Tanzania with an in tension of making the institution  one of Africa’s leading universities using renewable energy.

    The project which is done in partnership with Ohio State University‘s (OSU) and UDOM will eventually establi. . .

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