Market News

Construction of Adada River dam in Nigeria to be completed in 2016
Construction of Adada River dam in Nigeria to be completed in 2016
14 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 w . . .

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China to Build First Steel Plant in Liberia
China to Build First Steel Plant in Liberia
14 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 . . .

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Kenya to Get Investment Worth $55.6bn for Infrastructure Development
Kenya to Get Investment Worth $55.6bn for Infrastructure Development
14 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 anal . . .

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Zimbabwe: Mining Attracts Investors
Zimbabwe: Mining Attracts Investors
14 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 fo . . .

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Indian Company to Start Marble Mining in Benshangul-Gumuz
Indian Company to Start Marble Mining in Benshangul-Gumuz
14 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 signi . . .

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