Africa Bulding & Construction Market News Exhibitions

Africa�s Captains of Industry Urged to Propel Infrastructure Development

Captains of industry in Africa have been called upon to make greater impact on the continent’s infrastructure landscape. South Africa’s Minister in the Presidency for Planning, Monitoring and Evaluation, Jeff Radebe noted that their participation was critical for the development of the continent’s construction projects. Addressing the annual congress of Master Builders SA Conference in Durban on.... Read more »

Posted on : Saturday , 3rd September 2016

Tanzania: Govt to Pick Contractor for Sh16 Trillion Railway Line Project

Dar es Salaam — The Ministry of Works, Transport and Communication is currently in the process of procuring a contractor for the construction of the standard gauge railway line run from Dar es Salaam to Kigoma and Mwanza. This comes just weeks after Tanzania signed a $7.6 billion (about Sh16 trillion) loan agreement with the Export-Import (Exim) Bank of China for upgrading the railway line. Transport permanent.... Read more »

Posted on : Friday , 2nd September 2016

Rwanda signs deal for new airport construction

RwandAir today launches its inaugural commercial flight to Benin’s capital of Cotonou (IATA: COO / ICAO: DBBB) operating to the Cardinal Bernadin Gantin International Airport, also known as Cadjehoun International Airport. This marks the start of a long planned expansion of destinations across Africa ahead of the delivery of additional aircraft due for delivery over the coming months which includes the addition of Abidjan at the.... Read more »

Posted on : Friday , 2nd September 2016

East Africa: New Railway Line Plan Sketched

The government has outlined a three-year timeline for the construction of a 7.6 billion US dollar (15 trillion/-) railway line - a major trade artery between Tanzania and its landlocked neighbours of Burundi, Rwanda and Democratic Republic of Congo (DRC). The Standard Gauge project, which is supported by China's Exim Bank, is scheduled to start anytime from now, the Minister for Works, Transport and Communications, Professor.... Read more »

Posted on : Thursday , 1st September 2016

Megha Engineering completes 4 major projects worth Rs. 3100 cr

Megha Engineering & Infrastructures Ltd., has completed four major projects during the first quarter of this year with a total outlay of Rs. 3100 crore, including an infra project in Tanzania and the major lift irrigation project of Pattiseema that links Godavari and Krishna rivers and a project under Mission Bhageeratha. Of the four projects, two were inaugurated by Prime Minister Narendra Modi and the third one he visited in.... Read more »

Posted on : Thursday , 1st September 2016

Rwanda: Rwf58 Billion Earmarked for Kigali Urban Road Upgrades

A total of 51.5 kilometer road network is set to be upgraded in the City of Kigali at a cost of Rwf58.2 billion courtesy of the Export-Import Bank of Chaina. The draft law for the ratification of the loan agreement signed in Beijing, for the Yuan 488m, was approved by a recent Cabinet meeting. The agreement was signed between the Rwandan government and the Export-Import Bank of China for Kigali Urban Road Upgrading.... Read more »

Posted on : Wednesday , 31st August 2016

Ethiopian dam study contracts to be signed in Sept: Egypti's foreign ministry

The contracts with two consulting firms to carry out technical studies into the impact of Ethiopia's Grand Renaissance Dam will be signed on 5 and 6 September, Egypt's foreign ministry said on Tuesday. In a meeting with reporters, Ahmed Abu Zeid said that the irrigation ministers of Egypt, Sudan and Ethiopia will attend the contract signing in Sudan. The three countries agreed in 2015 that two French firms, Artelia and BRL, would.... Read more »

Posted on : Wednesday , 31st August 2016

Dangote shakes Kenya�s cement market with Ethiopia imports

Nigeria’s Dangote Cement has started its shake-up of the Kenyan market with imports of the commodity from its plant in neighbouring Ethiopia as it prepares to establish a local manufacturing plant. Dangote’s targeting of the Kenyan consumer with low-cost cement from Ethiopia is expected to further drive retail prices downward in a market where they have remained static for nearly 10 years. Importing.... Read more »

Posted on : Wednesday , 31st August 2016

Japan Chooses AfDB to Implement Bold New Infrastructure Plan for Africa

Visiting Japanese Prime Minister Shinzo Abe has announced a bold new African infrastructure plan worth US $10 billion over the next three years to be implemented by the African Development Bank (AfDB), raising the stature of the Abidjan-based financial institution in achieving Africa's development. The infrastructure investment package announced by the Japanese Prime Minister will focus on modernizing electricity, power and urban.... Read more »

Posted on : Tuesday , 30th August 2016

Ethiopia: Chinese Company to Commence Luxury Apartments Building

A Chinese company, Heng Yang Investment, has launched the construction of Hongtu, a 54-storey luxury apartment, in the Lafto District of Addis Abeba. The construction will be undertaken by a Chinese construction firm, Hongtu Real Estate. Covering a total area of 1272sqm, each apartment will be 88 to 173sqm, with a double lift design, 54 parking spaces, one supermarket and other high quality living facilities - gym, sauna and massage.... Read more »

Posted on : Tuesday , 30th August 2016

Africa: Japan to Grant Africa Sh1trillion for Infrastructure

Japan has pledged Sh1 trillion ($10 billion) for infrastructure development in Africa. Japanese Prime Minister Shinzo Abe said another $500 million will be channelled through international agencies to support health initiatives in the continent and combat epidemics. The PM also pledged to initiate reforms in the United Nations Security Council and have an African country get a permanent seat in the body by.... Read more »

Posted on : Monday , 29th August 2016

Tanzania receives $2m for water, power projects

Tanzania is to develop irrigation and hydropower projects in the southern highlands after receiving $2.26 million under the Africa Water Facility (AWF) project for a 22-month pre-feasibility study. The project will be funded by the Africa Development Bank (AfDB) and the government of Tanzania. The Tanzania project is part of AWF’s $1.8 billion water and sanitation projects in Africa. The Climate Resilient.... Read more »

Posted on : Monday , 29th August 2016