Market News
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Construction of Mombasa to Nairobi pipeline complete by 2016
Posted on :Saturday , 5th September 2015
The construction of the 20 inch Nairobi to Mombasa in Kenya oil pipeline will be completed by end of December 2016, officials have said. Permanent Secretary in the Ministry of Energy and Petroleum Joseph Njoroge told Xinhua in Nairobi that the 485 million U.S. dollar pipeline will reduce the cost transporting fuel from the port of Mombasa to Nairobi by almost half.
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Tanzania Portland Cement seeks to boost construction blocks
Posted on :Saturday , 5th September 2015
The Tanzania Portland Cement Ltd (TPCC) has embarked on conducting training for more than 1,000 block makers across the Lake Zone. The move is aimed at helping the block makers produce blocks according to standards requirements.
Mr Simon Delens who is the Director of TPCC said the series of seminars will finally make it possible for block makers to make qualit. . .
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 . . .Please Select an Option
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