Market News
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Africa: Technology, innovation and infrastructure development
Posted on :Saturday , 25th July 2015
Continuous growth on the African continent has brought with it a growing need for infrastructure development to meet the requirements of the growing population.With that said innovation in the construction industry is at the core of development on the continent.Toby Shapshak, who will be a Keynote speaker at the African Construct. . .
Tanzania Stamigold Reaches USD 15 Million In Gold Exports In Its First Year
Posted on :Saturday , 25th July 2015
Stamigold Company Limited, subsidiary of Tanzania’s State Mining Corporation (STAMICO), announced that it has sold in international markets 12,923 ounces of gold worth USD 15 million, as a result of its first year’s operations at Biharamulo Gold Mine Project located in Kagera Region, Northwest of Tanzania.
Tanzania-stamigoldThe announcement was done at an event headed by Stam. . .
Multimillion dollar Century Park Complex Rwanda set for construction
Posted on :Friday , 24th July 2015
The Kenya Commercial Bank Rwanda and Century Park Ltd have inked a financial partnership agreement to fast-track the multimillion dollar Century Park Complex Rwanda in Kigali .
The bank will put in more than $200 million into the construction of the Century Park Complex Rwanda that is expected to add more than 200 apartments, 16 dinner lavish villas, supermarkets and two 5 star . . .
Tanzania Health Sector To Benefit From USD 12 Billion Global Financing Facility
Posted on :Wednesday , 22nd July 2015
The United Nations Secretary General (UNSG) announced last week that Tanzania is among four countries to benefit from a USD 12 billion fund awarded by the Global Financing Facility (GFF) to support the health sector in emerging countries.
Tanzania-global-financing-facilityThe announcement was done by UNSG’s Mr. Ban Ki Moon during the Third International Financing for Development Co. . .
Construction boom and building innovation in East Africa
Posted on :Wednesday , 22nd July 2015
According to the African Development Bank, East Africa will grow by 5.6% in 2015 and by 6.7% in 2016, making it the fastest growing region on the continent.
Today 54% of the world’s population lives in urban areas, but by 2050 the urban population is expected to rise as high as 62% in Africa. Currently only about 40% of African people live in urban environment. . .Please Select an Option
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