Market News
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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. . .
Zimbabwe: Mining Attracts Investors
Posted on :Friday , 14th August 2015
The mining industry in Zimbabwe is currently the biggest target for international investors.
Mines and Mining Development Deputy Minister Fred Moyo said the mining sector is the biggest drawcard to the country for foreign investors."Mining is currently Zimbabwe's biggest target for international investors. Mineral exports account. . .
Indian Company to Start Marble Mining in Benshangul-Gumuz
Posted on :Friday , 14th August 2015
An Indian company yesterday concluded agreement that enables it to mine marble in Benshangual-Gumuz State.
Samaka Stones Private Limited Company has reportedly allocated close to 2.9 million USD to commence the production of 131,600 cubic meters of marble annually.During the signing ceremony, State Minister of Mines Dr. Alemu Sime sai. . .
Rwanda: Burera District Constructs New Hotel to Boost Tourism
Posted on :Friday , 14th August 2015
Burera District is constructing a new hotel in a bid to enhance tourism in the area. The Burera Beach Resort Hotel is situated in Kagogo Sector on the shores of Burera and Ruhondo lakes.
The hotel is being constructed a Japanese firm, Noguchi Holdings LTD. The construction is projected to be completed by December at the tune of Rwf350 million, according to officials. . .
The 225-MW wind farm in Ghana to be constructed in 2016
Posted on :Thursday , 13th August 2015
The 225-MW wind farm in Ghana is set to commence construction any time in 2016. The project is owned by Ireland based company Mainstream Renewable Power after it acquired the project from Swiss-based developer NEK Umwelttechnik last year.
Mainstream’s Business Development Manager, Chris Matthews says that all environmental permits have been secured and the gri. . .Please Select an Option
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