N e w s

Nigeria: State Governor Promises Completion of U.S.$1.7 Billion Seaport by 2019

Lagos State Governor Akinwunmi Ambode has pledged to complete the $1.7 billion Lekki Seaport in 2019, saying upon completion, it would be the deepest seaport in sub-Saharan Africa.   The governor, who reeled out the numerous investment opportunities that abound in the state to prospective investors in critical sectors such as power, agriculture, transportation, health, tourism, housing, ICT and manufacturing, gave assurance that the state.... Read more »

Posted on : Saturday , 2nd April 2016

Nigeria: Governor Flags Off Construction of N5.7 Billion Flyover

Ado-Ekiti — Governor Ayodele Fayose Ekiti State yesterday flagged off the construction of a N5.7 billion flyover in Ado Ekiti, the state capital with a promise that all projects awarded by his government would be completed before the expiration of his tenure.   Speaking while kick-starting the1.2-kilometre project, the governor said the facility would be delivered within 24 months.   Fayose, who described the project as the.... Read more »

Posted on : Friday , 1st April 2016

Nigeria: State Govt Awards 700 Contracts for Construction of School

Makurdi — The Benue State Government has concluded plans to award 700 contracts for the provision of structures and facilities in primary schools. The Executive Chairman of the State Universal Basic Education Board (SUBEB), Dr. Philip Tachin, who announced this, said the contract would be given out on merit, adding that under his watch, the board would insist on project delivery. He explained that Governor Samuel Ortom has already approved.... Read more »

Posted on : Friday , 1st April 2016

Tanzania: Expansion of Airport on President's Agenda

Mwanza — PRESIDENT John Magufuli has revived new hopes for the Lake Zone regions as he pledged the purchase of a new passenger ship and expansion of the Mwanza Airport.   The two projects have been long awaited for years to become a reality with the Head of State saying special budgets will be allocated this financial year for their full implementation. Addressing a section of city residents and government leaders who turned up to.... Read more »

Posted on : Thursday , 31st March 2016

Kenya: Corporation Signs Sh50 Billion Deals With Local Suppliers for Railway Construction

China Road and Bridge Corporation has since inception signed contracts worth Sh50 billion with local suppliers for the construction of the standard gauge railway.   The deals have led to the creation of over 38,000 jobs, easing the government's unemployment burden.   The firm, in its social responsibility report 2015 on the Sh400 billion Mombasa-Nairobi SGR project, revealed that agreements signed with local suppliers (project.... Read more »

Posted on : Wednesday , 30th March 2016

Rwanda: RCA to Construct New Cricket Ground

Rwanda Cricket Association (RCA) and the Ministry of Sports and Culture have partnered to construct a new cricket ground at the University of Rwanda- College of education (UR-CE), Rukara Campus in Kayonza district, Eastern Province. Speaking during the official groundbreaking ceremony at the college campus over the weekend, RCA president, Charles Haba said: "We shall sponsor the construction and already we have the funds for the.... Read more »

Posted on : Wednesday , 30th March 2016

Nigeria Govt. Earmarks N3 Trillion for Projects in 2016

Garba Shehu, the Senior Special Assistant to President Muhammadu Buhari on Media and Publicity, on Sunday said the Federal Government had set aside N3 trillion for projects in 2016.   Mr. Shehu disclosed this while speaking with newsmen on the sidelines of a dinner held to celebrate the child dedication of Paul Ibe, the Head of the Atiku Media Office in Abuja.   According to him, the government of President Buhari will make sure.... Read more »

Posted on : Tuesday , 29th March 2016

Nigeria: Cement Co. Begins N700 Million Concrete Road Construction

A subsidiary of Lafarge Africa Plc, and member of LafargeHolcim, Ashaka Cement Plc has flagged-off an eight kilometres concrete road construction in Maiganga, Gombe State.   The Maiganga Concrete Road Construction project is one of such several projects Lafarge Africa Plc has embarked on in the past few months.   Chairman, Board of Directors, Ashaka Cement Plc, Mallam Suleiman Yahyah, who welcomed the Executive Governor of Gombe.... Read more »

Posted on : Tuesday , 29th March 2016

Kenya: 13 Firms Sign Up for Land at Tatu Mega City

Mega real estate mixed-use project Tatu City announced on Thursday it had set aside money for initial infrastructure after sealing deals with 13 companies in the Sh350 billion planned development in Ruiru.   This, even as its parent investor, private equity firm Rendeavour, said it was scouting for more land in Africa.   Rendeavour country head Nick Langford said the Sh2.2 billion will bankroll infrastructural upgrade for roads as.... Read more »

Posted on : Saturday , 26th March 2016

Kenya Economy Gets Positive Outlook from Moody's

British-based global ratings agency Moody's has given Kenya's economy a positive outlook based on its growth trend, stability as well as its future and fiscal trajectory.   According to the agency's latest report, the country's infrastructure push and rapidly expanding services underpin one of the strongest growth rates in sub-Saharan Africa over the past two years.   Kenya's household consumption is expected to remain a key driver.... Read more »

Posted on : Friday , 25th March 2016

Nigeria: Construction begins on U.S.$300 Million Stadium Project in Nnewi

Awka — Chairman FC Ifeanyi Ubah, Chief Ifeanyi Ubah, has disclosed that his club has started the construction of a $300 million stadium project in Nnewi, Anambra State.   Ubah said while fielding questions from journalists on Friday in Nnewi that the stadium would create about 5,000 jobs on completion, while it would be the first of its kind in Nigeria.   He added: "The stadium would be made up of a games village, youth.... Read more »

Posted on : Tuesday , 22nd March 2016

Nigeria: State Govt. Commences Construction of 114 Rural Roads

The Lagos State government said it has commenced the construction of the promised 114 roads, across the 57 council areas of the state, to bring succor to the people at the grassroots.   This move, according to Governor Akinwunmi Ambode, is in fulfillment of one of his campaign promises of investing massively in the construction of rural roads.   Recall that the governor, at the monthly meeting of the Executive Secretaries of the.... Read more »

Posted on : Tuesday , 22nd March 2016



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