Market News

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 . . .

 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 p . . .

The National Construction Authority has established 11 satellite offices countrywide to effectively deliver services.   NCA executive director Daniel Manduku said the regional offices will ease pressure in the Nairobi office.   The new offices are in Mombasa, Nakuru, Kisumu, Eldoret, K . . .

 The Chinese company, Asian and African Business Management, has teamed up with a Namibian company, Whale Rock Cement, to set up a 350 million U.S. dollar cement plant.   A memorandum of understanding was signed in Windhoek Thursday between the two companies to kick start the project tha . . .

THE National Service economic wing (SUMA-JKT) and a Polish firm Ursus S.A signed a US $55 million deal for tractor supply and construction of an assembling plant. The signing held at National Service (JKT) Headquarters was witnessed by Prime Minister Mizengo Pinda and former Polish president Lech W . . .