Africa Bulding & Construction Market News Exhibitions

Kenya and Uganda plan to build another corridor to boost trade

Kenya and Uganda plan to build another corridor to boost trade between the two East African countries. Uganda National Roads Authority and the Kenya National Highways Authority are seeking funds from the African Development Bank (AfDB) for the project which will traverse Uasin Gishu County and to the west of the boundaries of Eldoret, Trans Nzoia. The proposed road project dubbed multinational Uganda and Kenya: Kapchorwa.... Read more »

Posted on : Tuesday , 5th January 2016

Ethiopia, Egypt, Sudan Announce Consent in Applying GERD Principles

The agreement is a step forward towards finalizing and reaching agreement on the nomination of the two consultancy firms. Ethiopia, Egypt and Sudan announced Tuesday that they have reached consensus to put into practice provisions in the Declaration of Principles regarding the Grand Ethiopian Renaissance Dam (GERD). The three parties have reached an agreement on the consultancy firms which would conduct the technical studies on.... Read more »

Posted on : Monday , 4th January 2016

Rwf11 Billion for Nyagatare-Rukomo Road Construction

The Government of Rwanda and Saudi Fund for Development (SFD) yesterday signed a $15 million (approximately Rwf11.2 billion) concessional loan to fund the construction of Nyagatare-Rukomo road. The 30 year concessional loan will support the construction of a 7 meter wide, 73 kilometer two lane tarmac road between Nyagatare and Rukomo, Claver Gatete, Minister for finance and economic planning said. He added that the loan comes.... Read more »

Posted on : Thursday , 31st December 2015

Athi River Cement Eyes Sh12.7 Billion Expansion Plan

Cement manufacturer Athi River Mining (ARM) is talking to a strategic investor to support its expansion plans. The firm, while remaining cagey about what the planned capital injection to the tune of Sh12.7 billion on Monday said, "discussions are still going on and further details of the investment shall be made available to the shareholders of the company and the public in due course." "ARM Cement Limited is.... Read more »

Posted on : Thursday , 31st December 2015

Ethiopia: Road Construction At Legehar Resumes

Flawed design delayed this project though the first segment of road was completed 10 years ago A road design which had intended to demolish the historic building at the La Gare train station finally gave way to another design that makes a detour, allowing road construction to resume on December 14, 2015, after a delay of 10 years. The construction, which is now expected to be completed in three months, initially envisioned the.... Read more »

Posted on : Thursday , 31st December 2015

Ghana: U.S.$1.5 Billion Tema Port Expansion Project Starts 2016

Expansion works on the Tema Port will start next year. The first phase of the $1.5 billion project is expected to be done in about three years. The port is expected to handle thrice its current traffic of about one million Twenty-foot Equivalent Units (TEUs) when completed, according to marketing and public relations manager Paul Asare Ansah. The investment, according to Mr Ansah, "is going to expand the capacity of the.... Read more »

Posted on : Thursday , 31st December 2015

Japan to Lend Uganda Shs559 Billion for Flyovers

Kampala — Uganda and Japan have concluded a loan agreement for financing the construction of flyovers in Kampala. Japan will lend Uganda ¥19.989 million (about Sh559b) for the proposed flyovers at Kitgum House intersection on Jinja Road, and at Queen's Way on Entebbe Road. The loan, which was signed recently, will come with a 0.01 per cent interest rate per annumm and is to be repaid in 40 years. It is hoped the.... Read more »

Posted on : Thursday , 24th December 2015

Gaidam Confident On Trans-Saharan Road Project

Damaturu — Governor Ibrahim Gaidam of Yobe State has expressed optimism that the 300- kilometre-long 'Trans-Saharan' road project started by his administration in the northern part of the state will be completed before his tenure ends in 2019 even amidst stiff fiscal challenges. The governor spoke yesterday at Yusufari town during an inspection tour of the project. The 'Trans-Saharan' road project, so called because of the.... Read more »

Posted on : Wednesday , 23rd December 2015

Rwanda: 2,550km of Feeder Roads to Be Constructed Across the Country

A total of 2,550 kilometre feeder road network is set to be constructed in 2017 under the framework of feeder roads project across the country. The roads will be constructed under the Second Economic Development and Poverty Reduction Strategy (EDPRS 2), according to Octave Semwaga, the Director General of Planning at the Ministry of Agriculture and Animal Resources. The Euro 40 million project is sponsored by the European.... Read more »

Posted on : Wednesday , 23rd December 2015

Tanzania: Purchase Board to Build Sh25 Billion Office

Arusha — The Procurement and Supplies Professionals and Technicians Board (PSPTB) will put up a Sh24.5-billion complex in Dar es Salaam, it was announced here recently. The board has acquired a plot at Luguruni outside the city for the purpose, said the chairperson of the Board, Dr Hellen Bandiho, during the organisation's annual conference held at the Arusha International Conference Centre. "We expect to build PSPTB.... Read more »

Posted on : Wednesday , 23rd December 2015

Construction on Mombasa�s port to begin in early 2017

Work on the second phase of Mombasa port’s second container is scheduled to commence in early 2017 portmombasa pixabay huskyherzThe port of Mombasa is a key trade gateway to and fro East Africa. Kenya Ports Authority managing director Gichiri Ndua said that the construction is likely to cost nearly US$213mn, and provide an additional capacity of 470,000 and 550,000 TEUs. Following this construction will be the development of.... Read more »

Posted on : Tuesday , 22nd December 2015

Kogi to Commission 1.6 Billion Mega Motor Park Soon

Lokoja — Governor Idris Wada of Kogi State said yesterday that the N1.6 billion worth ultra modern mega motor pack being constructed in Lokoja will be ready for commissioning before he hands over to the next administration in January 2016. Wada who said this after inspecting the project at Felele area of Lokoja, expressed satisfaction with the quality of job done so far by the contractor, adding that only finishing touches are.... Read more »

Posted on : Monday , 21st December 2015