Actis, a property developer based in South Africa plans to invest $200 million in the construction of warehouses in Zambia. Actis has since identified and shown interest in Zambia and considers the country an attractive investment destination especially due to its demand for imported products. Company partner Louise Deppe said Zambia imported a lot of products from abroad and this created a demand for warehousing.... Read more »

Posted on : Tuesday , 16th February 2016

 Construction of three roads in Malawian commercial capital Blantyre is set to kick off after the Blantyre City Council received $1.6 million dollars from government.   The three roads set for upgrade are; Chilomoni Ring Road, Angelo Goveya to Manje and Living Waters to Zion in Chimwankhunda.   Blantyre City Mayor, Noel Chalamanda presided over the ground breaking ceremony of the 2 kilometres Chimwankhunda Living waters.... Read more »

Posted on : Monday , 15th February 2016

 A quick survey across the city of Kigali indicates that the construction sector in Rwanda is booming. But it is the high demand in the real estate sector that has been  exacerbated by a growing middle class in the country that gives stakeholders sleepless nights.   Patrick Sebatigita, CEO of Ujenge Group-a construction company says that the construction sector boom in Rwanda had taken a significant chunk of the GDP, various.... Read more »

Posted on : Thursday , 11th February 2016

 Kenya’s capital Nairobi is the leading shopping mall developer in sub-Saharan Africa a survey by real estate consultancy firm Knight Frank has shown.   The Shop Africa 2016 report which is the first review of the retail market in sub-Saharan Africa revealed that Nairobi is the top city with the largest shopping centre development with approximately 470,000 square metres of shopping centre space in the.... Read more »

Posted on : Thursday , 11th February 2016

 The multi-million Kigali Convention centre in Rwanda’s capital is set to be officially opened in June this year; this is according to Ultimate Concepts Limited (UCL) who owns the project.   Kigali Convention Centre which is anticipated to be a hub of a lot of services in East African Community will further host the 27th African Union Summit and this will be its maiden major event, several other events have also been scheduled.... Read more »

Posted on : Wednesday , 10th February 2016

Construction firms in Zimbabwe should tap into the Tanzanian market to assist in boosting their economy, the export promotions body, ZimTrade has advised.   ZimTrade further stated that the construction industry in Tanzania, since 2002 has recorded tremendous growth as a result of increased infrastructure development, government support and significant diplomatic and commercial partnerships with the Chinese government and private sector.... Read more »

Posted on : Friday , 5th February 2016

 Kenya National Highways Authority (KeNHA) has confirmed that the construction of a major highway at Kenya’s Coast is set to begin later this year. The Garsen-Witu-Lamu road in Kenya is expected to boost business and economic growth in the area once complete.   KeNHA made an official announcement stating that the paving of the road will begin following the advertisement of the tender in the daily newspapers. The successful.... Read more »

Posted on : Wednesday , 3rd February 2016

 As the international construction market becomes more globalised and competition for untapped markets increase, Africa especially East Africa has seen extensive influx of foreign capital. Increasingly firms are taking advantage of the lucrative potential of a continent that is still largely lacking access to basic infrastructure, to build adequate transport networks, water supply, functional power grids and formal housing for its growing.... Read more »

Posted on : Wednesday , 3rd February 2016

 A five point plan to help tackle Africa’s infrastructure gap is among the findings of a new DP World report unveiled at the Africa Global Business Forum.   Public private partnerships, domestic bond financing, monitoring the life cycle of infrastructure by maintaining and upgrading existing stock, enhanced trade integration and improved trade facilitation are key points raised in the study ‘Africa At The Crossroads:.... Read more »

Posted on : Tuesday , 2nd February 2016

Diversified Qatari real estate firm Ezdan Holding Group has announced its interest to enter the Ethiopian market with a proposed  mega tourist project in Ethiopia. The proposed 150,000m² resort construction project will features a high-quality technical specifications in terms of facilities and services which will contribute in raising the quality of real estate products available in the Ethiopian market.   Speaking during a.... Read more »

Posted on : Tuesday , 2nd February 2016

 Construction firm Murray and Roberts has announced that its subsidiaries, Clough and CH-IV International have secured contracts for projects in the oil and gas sectors in South Korea and the US.   Construction firm Murray & Roberts, a group of world-class companies and brands is a JSE listed group with headquarters in Johannesburg, South Africa.   According to the group, Samsung Heavy Industries had awarded Clough a.... Read more »

Posted on : Saturday , 30th January 2016

 A Japanese firm has been awarded a US$ 13m contract for the expansion of a major road in Kenya into dual carriage, the  Kenya Urban Roads Authority (KURA) has announced.   The Japanese company, World Kaihatsu Kogyo (WKK) is set to commence operations in April this year and will in entails the installation of traffic signals, street lights and walkways to be used by pedestrians.   The mega project which is financed.... Read more »

Posted on : Friday , 29th January 2016