Market News
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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. . .
China to Build First Steel Plant in Liberia
Posted on :Friday , 14th August 2015
At the peak of bilateral talks with President Ellen Johnson-Sirleaf, China's Foreign Minister Mr. Wang Yi says his country is prepared to add value to Liberia's raw material, as he announces plans to establish a steel plant here.
His announcement comes after President Ellen Johnson Sirleaf made such proposal to a visiting 15 man Chinese business delegation last week. . .
Kenya to Get Investment Worth $55.6bn for Infrastructure Development
Posted on :Friday , 14th August 2015
An estimated $55.6 billion in investment into infrastructure development for Kenya is planned (as of 2015), the majority of which will focus on telecommunications and power generation infrastructure, a new study reveals.
Dubbed as African Infrastructure Tracker: Kenya, the research and analysis was done by Frost & Sullivan. The study also reveals that Kenya is s. . .Please Select an Option
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