Market News | Buildexpo Tanzania 2025

Market News

  • Rising cement consumption signals growth in East Africa

    Posted on :Monday , 5th October 2015

    East Africa is one of the world’s fastest-growing marketplaces for construction opportunities and building materials. Significant projects are under construction across East Africa, including Ethiopia’s $4 billion hydro-power dam on the Blue Nile River and Kenya’s Sh195 billion ($13 billion) railway that will link the Port of Mombasa to the Rwandan capital of Kigali via Uganda. . .

  • Hilton Hawassa Resort and Spa in Ethiopia to be constructed by 2020

    Posted on :Friday , 2nd October 2015

    Hilton Hawassa Resort and Spa in Ethiopia is set to join a portfolio of more than 70 Hilton Worldwide properties in Africa with its construction stated for 2020 in Ethiopia.

    An agreement which was signed by Sunshine Business PLC and Hilton Worldwide has brought the Hawassa project to birth.

    Senior Vice President of Development, Europe and Africa for Hilton Worldwid. . .

  • New ports in Tanzania to be constructed

    Posted on :Friday , 2nd October 2015

    Tenders for consultancy services and engineering designs for the development of several ports in Tanzania have been advertised by the Tanzania Ports Authority (TPA).

    The tender entails a request for interest in consultancy services for feasibility studies and preliminary engineering designs for development of new ports at Kilwa, Lindi and Rushungi, plus a transshipment hub along . . .

  • Appolonia and Eban Properties to develop homes on 20 hectares of land at the landmark satellite city project

    Posted on :Friday , 2nd October 2015

    The 2-3 bedroom houses to be constructed by Eban Properties will have prices ranging from $75,000 to $100,000. Show houses will be completed by December 2015.

    The residential development, called The Oxford, is the second to be announced by the project developers this year. In March, Appolonia launched its 24-hectare Nova Ridge residential enclave, allowing homebuyers to design an. . .

  • EMERGING CAPITAL PARTNERS INVESTS IN TWO NORTH AFRICAN CONSTRUCTION COMPANIES

    Posted on :Friday , 2nd October 2015

    Emerging Capital Partners (ECP), an international private equity firm focused on investing across the African continent, announced today that it has acquired controlling stakes in two North African construction sector businesses. The equity investments in Shoresal and Almes, totaling USD $26.2 million, are part of ECP’s strategy to expand its North Africa portfolio.

    “. . .

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