Market News
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Construction of first cancer hospital in Kenya begins
Posted on :Wednesday , 19th August 2015
The construction of first cancer hospital in Kenya is set to begin following a groundbreaking ceremony by the first lady, Mrs. Margaret Kenyatta.The hospital is a partnership between local entrepreneurs and General Electric Company.The construction of the state-of-the-art treatment centre at Ridgeways in Kiambu County will cost US$ 20m and will cat. . .
Construction of power projects in Tanzania set to start
Posted on :Wednesday , 19th August 2015
Construction of power projects in Tanzania is set to begin after 4 companies in the country were announced beneficiaries of US president Barrack Obama’s Power Africa initiative. The companies will eventually help in the expansion of renewable energy solution which targets rural areas.
The grants to construct the power projects in Tanzania which have been. . .
Africa agrees to raft of Chinese investment
Posted on :Tuesday , 18th August 2015
Equatorial Guinea has secured a wave of Chinese investment, following a trade forum in Dalian
The Equatorial Guinea-Asia Economic Forum was hosted in the Northeastern Chinese city by representatives of the West African nation’s Ministry of Mines, Industry and Energy, with the aim of showcasing the country’s investment opportunities.The Equatorial Guinean. . .
Construction industry in East Africa opens $50m complexes
Posted on :Tuesday , 18th August 2015
Constructions industry in Rwanda is on an upward trajectory after the country’s president Paul Kagame opened complexes worth $50m in the capital Kigali. The president challenged contractors to ensure they provide durable and quality structures.
Kagame congratulated local investors like Bertin Makuza whose 15-storey constructed building was inaugurated. I. . .
Construction of Adada River dam in Nigeria to be completed in 2016
Posted on :Friday , 14th August 2015
The construction of Adada river dam in Nigeria in Enugu State is expected to be completed and commence operational in July 2016. This was revealed by the Enugu State Governor Ifeanyi Ugwuanyi during his inspection at the dam’s construction site. He added that, his administration is ready and willing to provide the necessary support to ensure the project is delivered as scheduled. The proj. . .
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