Market News
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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 $26.2 million, are part of ECP’s strategy to expand its North Africa portfolio.
“. . .Dangote to commission newly constructed cement plant in Tanzania
Posted on :Thursday , 1st October 2015
Leading cement manufacturer in Africa Dangote Cement is set to commission a new cement plant in Tanzania in October. The 3.0 million metric tonnes per annum cement plant is constructed in Mtwara District.
The commissioning of the new cement plant in Tanzania is part of the company’s expansion strategy in Africa. The plant is numbered fourth in the expansion series after Eth. . .Construction work on phase two of Waverley office park in South Africa to begin
Posted on :Wednesday , 30th September 2015
Barrow Properties broke ground for construction work on the second phase of Waverley office park in South Africa measuring 3 351m² and 2 123m2. This will create a rentable area of 5 742m² with completion expected for June 2016.
According to the MD of Barrow Properties, Paul Barrow,Waverley office park in South Africa will incorporate features which will appeal to. . .Maintenance of public roads in Uganda to cost US$ 26m
Posted on :Wednesday , 30th September 2015
The government of Uganda has announced that it was embarking on a road maintenance programme to boost transport. Public roads in Uganda according to the government need a face lift.
The maintenance of public roads in Uganda will cost a whopping US$ 26m.
Michael Odongo, the executive director of the Uganda Road Fund confirmed the reports and urged the Government to . . .
Amplats unveils constructed cogeneration power plant in South Africa
Posted on :Wednesday , 30th September 2015
Anglo American Platinum (Amplats) recently unveiled its 5MW cogeneration power plant in South Africa worth US $10.63m located at its Waterval Smelting Complex in Rustenburg.
The cogeneration power plant in South Africa was commissioned by project developer Vuselela Energy and Equity provider H1 holdings and it would help capture waste heat from Amplat’s conversion plant whi. . .Please Select an Option
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