Africa Bulding & Construction Market News Exhibitions

DP World Creates 5-Point Africa Plan

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

Qatar seeks to construct major project in East Africa

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 wins big with new International contracts

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

Major road in Kenya to be expanded into dual carriage

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

Kenya�s Nairobi County sets aside US$ 60.5m for roads construction

Kenya’s Nairobi County has set aside US$ 60.5m that will be used for the construction, rehabilitation and maintenance of roads in Nairobi and this will lead to the ease of traffic that is majorly experienced in the city. Nairobi Governor Evans Kidero confirmed the reports and said that this initiative will eventually lead to effective service delivery to the citizens in the region. He confirmed the news while breaking ground.... Read more »

Posted on : Thursday , 28th January 2016

Investment holding firm to construct mega cement plant in Africa

Investment holding firm Zambia Consolidated Copper Mines (ZCCM-IH) is set to construct a cement plant in Zambia,Chief Executivve Officer of ZCCM-IH, Pius Kasolo has said. The plant will be set up at Ndola Lime on the Copperbelt with an initial investment worth $600 million. Mr Pius Kasolo said the plant would be completed in three years time and is expected to create more than 1,000 permanent jobs. During an interview in.... Read more »

Posted on : Wednesday , 27th January 2016

Construction of Konza techno city in Kenya boosts Nairobi image

The commencement of the construction on Konza Techno City in Kenya is laying a solid foundation for the future of Nairobi city and boosting its image as well. According to a report; The 2016 Jones Lang LaSalle (JLL) City Momentum Index (CMI) Nairobi is currently ranked position one in Sub-Saharan Africa and 11 globally among cities spurring technology and real estate development having an aim of being Africa’s leading.... Read more »

Posted on : Tuesday , 26th January 2016

Azura Power construction Project in Africa gets US$900m boost

Electricity shortages in Nigeria could be a thing of the past following plans to construct an independent power scheme regarded one of its kind. Equity funders in collaboration with 20 international banks have committed US$900m towards the Azura Power construction Project in Nigeria.The 450MW gas-fired open-cycle power plant will be hosted in Edo State. The boost comes after the power plant scheme attain financial close and.... Read more »

Posted on : Monday , 25th January 2016

China to construct mega sea port in Africa

Algeria’s Transport Ministry, China State Construction Engineering Corporation (CSCEC) and China Harbour Engineering Company (CHEC) have signed an agreement to construct a mega sea port in Algeria. The US$3.3bn project will be constructed on the new center transshipment port of Cherchell. However, a consortium company to build the port will be established and the port will be constructed within the capital city Algiers some.... Read more »

Posted on : Monday , 25th January 2016

World Bank boosts infrastructure in Africa with $100m loan

Infrastructure in Gabon has received a shot in the arm after the World Bank extended a $100 million loan aimed at boosting infrastructure in the country. The approved loan is the second phase of the Infrastructure and Local Development project. The project aims to improve access to urban infrastructure and services in selected underserviced neighbourhood and to build basic capacities for municipal management in targeted.... Read more »

Posted on : Saturday , 23rd January 2016

China pledges to boost infrastructure construction in Africa

China will work closely with Egypt in a bid to boost infrastructure construction in Egypt, president Abdel Fattah el-Sisi and his Chinese counterpart Xi Jinping have announced. The two leaders agreed to work together in a bid to enhance growth in the infrastructure sector of the country President Sisi said he is willing to connect its own development plans with the Belt and Road Initiative and expand infrastructure.... Read more »

Posted on : Saturday , 23rd January 2016

East Africa: EAC Cited As African Trendsetter

The East African Community (EAC) has been cited as one of the growing blocs amongst the Regional Economic Communities (REC) in sub-Saharan Africa. The Brookings Institution in its recent Foresight Africa 2016 report on regional integration in sub-Saharan Africa, said the EAC has implemented several joint infrastructure projects. Among them is the Arusha-Namanga-Athi River Road, a road which runs from Tanzania to Kenya..... Read more »

Posted on : Friday , 22nd January 2016