Market News

Tender for the 3 MW in-pipe hydropower scheme in South Africa is set to be issued by Johannesburg city, Johannesburg Executive mayor Parks Tau who first mooted the scheme has announced. Its cost competitiveness is likely to challenge Eskom’s Megaflex tariff. Mr Tau announced the progress . . .

A recently introduced Smart City solution has enabled the Johannesburg Roads Agency (JRA) to develop a complete view of the city’s roads inventory, with over 1.6-million images and 700 000 locations of JRA assets being captured onto the system for tracking, monitoring and management. City of . . .

National Housing Corporation (NHC) has launched a mega housing construction project in Tanzania. The construction project dabbed Morocco Square Towers in Kinondoni District, Dar es Salaam, has been  taunted as the biggest housing project in East and Central Africa. The  Morocco Squar . . .

Cuvango — The construction works of the 20 social houses, out of 200 residences, in Cuvango municipality, southern Huíla province, are concluded.   Speaking to Angop, the municipal administrator, Miguel Luís said that it is under execution the installation of the technical . . .

 Infrastructure construction in Egypt is set to improve as the World Bank head Jim Yong Kim expressed his support in various ongoing and upcoming projects. In a meeting with Egyptian president Abdel-Fattah El-Sisi over the weekend in New York the World Bank boss said Egypt has a great potentia . . .