Market News
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Tender for the construction of the Kenya-Uganda pipeline to be announced
Posted on :Friday , 4th September 2015
A tender for the construction of the US$ 4bn Kenya-Uganda pipeline that is expected to cover 1,500km is set to be announced before the end of this year.
The construction project has been incorporated into the Lamu Port- South Sudan-Ethiopia Transport Corridor (Lapsset) infrastructure project.The Lapsset Corridor Development Auth. . .
KENYA TO BECOME HUB FOR INTRA-REGIONAL AFRICA TRADE
Posted on :Thursday , 3rd September 2015
Kenya is set to become a hub for intra-regional trade in Africa, according to a new report from Frost & Sullivan. An estimated $55.6 billion in investments in infrastructure development for Kenya is planned, the majority of which will focus on telecommunications and power generation infrastructure, according to the report.
Mega infrastructure projects are . . ..jpg)
ERCC boosts Ethiopia market share in road construction
Posted on :Wednesday , 2nd September 2015
Road construction in Ethiopia will now be dominated by the government after Ethiopian Road Construction Corporation (ERCC) rolled out a business plan to boost its market share in road construction to 50%.
The move is aimed at improving transport and communication in the country which will favor local market growth.The government of Ethiopia also intends . . ..jpg)
Electricity construction project in Sudan gets funding
Posted on :Tuesday , 1st September 2015
Electricity construction project in Sudan has received a boost after a US$ 200m contract was signed with the East Sudan Development Fund and the companies which won the implementation tender that will be used in the generation of electricity in East Sudan region.
First Vice-President General Bakri Hassan Salih, the Minister of Water Resources and electri. . .
The constructed 650MW Gas power Plant in Egypt goes Online
Posted on :Tuesday , 1st September 2015
The constructed 650MW gas power plant in Egypt has started going online in just 159 days after its ground breaking ceremony.
The gas power plant in Egypt that recently completed its construction is the first fast-track natural gas–fired project as it was being carried by two bodies one being Siemens and Egyptian firm Elsewedy Electric near the city. . .Please Select an Option
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