Market News | Buildexpo Tanzania 2026

Market News

  • Japan to fund the construction of a research centre in East Africa

    Posted on :Friday , 18th September 2015

     Japan through its agency, Japan International cooperation Agency is set to construct a research centre in Ethiopia that will serve as a training and research center throughout Africa.

     
    The construction project dubbed Kaizen institute will be built on a 3,000sqm piece of land at Sar Bet near the African Union in Addis Ababa.
     
    An agr. . .

  • Kenya-South Sudan road construction gets funding from World Bank

    Posted on :Wednesday , 16th September 2015

     The World Bank has released US$512m for the construction of the Kenya-South Sudan road and also for the laying of the fibre optic cable which will eventually enhance trade between the two countries.

     
    South Sudan’s ICT minister Rebecca Joshua Okwaci and her Kenyan counterpart Fred Matiang’i signed a memorandum of understanding in January this year, p. . .

  • Dubai based Metito wins US$29mn African Infrastructure project contracts

    Posted on :Monday , 14th September 2015

     UAE water firm Metito has announced its participation in four municipal water projects in Egypt

    Metito wins US29mn Egyptian water project contracts Metito’s involvement in the four municipal water projects is worth a combined US$29mn. 
    The company, which has its headquarters in Dubai, will take advantage of the recent economic recovery in Egypt to particip. . .

  • Ethiopia-Djibouti railway line to start operations early 2016

    Posted on :Friday , 11th September 2015

    The Ethiopia-Djibouti railway line is expected to begin operations early next year, according to project officials

    railways Ethiopia is developing its transport sector in a bid to provide a boost to its economy. 
     
    The US$4bn project, which is being helmed by the China Railway Engineering Corporation and China Civil Engineering Construction, will be consid. . .

  • WORLD BANK GRANTS SH 54 BILLION FOR KENYA-S.SUDAN FIBRE OPTIC AND SUPERHIGHWAY PROJECT

    Posted on :Friday , 11th September 2015

    The World Bank has released over Sh54 billion to fund the laying of fibre optic cable and construction of a superhighway connecting Kenya and South Sudan.

     
    The project, which runs concurrently in the two countries, was commissioned Wednesday following the release of the funds.
     
    The fibre optic cable will be placed along the Lokichar &nda. . .

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