Market News
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Kenyas private sector new consortium eyes big tenders
Posted on :Thursday , 10th September 2015
Kenya’s private sector has formed a consortium in a move to tap into billions of shillings worth of investment opportunities arising from the Northern Corridor Integration Projects (NCIP). This comes following renewed calls by the private sector to have local companies play a bigger role in the development of mega-projects in the East African region, which are currently dominated al. . .
Construction of Power plants in Egypt gets funding from Japan
Posted on :Wednesday , 9th September 2015
Construction of power plants in Egypt has received a boost following the signing of a deal worth $243 million with Japan International Cooperation Agency.
The funds which will be channeled to Egyptian electricity companies are aimed at enhancing the country’s troubled electricity sector that has seen several areas experience outages.
Chinese firm to build new industrial park in East Africa
Posted on :Wednesday , 9th September 2015
China Civil Engineering Corporation (CCECC) has concluded a US$246mn deal with Ethiopia’s Industrial Parks Development Corporation (IPDC) for the construction of the Hawassa Industrial Park
Ethiopian firm MH Engineering has been appointed as a consultant on the project, which will be completed in nine months. The industrial park will focus on garment man. . .
Sino Cement to invest US$20mn in Africa\'s Construction Industry
Posted on :Tuesday , 8th September 2015
Sino Cement Zimbabwe is setting up a brick and tile manufacturing unit in Gweru, Zimbabwe at the cost of US$20mn
Brick Factory - adam fletcher - Wikipedia CommonsThe unit will create about 200 local jobs and manufacture about 60mn bricks annually.The cement producing company is a subsidiary of China National Materials Group Corporation (SINOMA), which is admin. . .
Uganda: Real estate market showing signs of recovery
Posted on :Monday , 7th September 2015
Uganda’s property market has continued to show signs of recovery in the retail and office sectors, amid concerns over high interest rates and volatility of the shilling.
Retail performance, according to crane management services, remained vibrant during the first half of the year, with most shopping places registering more than 90% occupancy.Please Select an Option
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