Market News
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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. . .ABCEC receives huge budgetary allocation in construction sector
Posted on :Saturday , 31st October 2015
Association of Building and Civil Engineering Contractors (ABCEC) has expressed optimism that the construction industry in Zambia is poised for expansion following the allocation US$1.4m towards infrastructure development in the 2016 budget.
ABCEC president Michael Nyirenda said the proposed US$1.4m allocation towards infrastructure will boost infrastructure d. . .Please Select an Option
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