N e w s

Construction of top notch expressway in East Africa launched

 Ethiopian Roads Authority has begun the construction of what it says will be a major expressway which, upon completion in five years, will help ease traffic that has been forecast for the next 21 years.   The country says in 21 years time the population would have increased significantly and that there was need to boost roads in urban areas. The construction of expressway in Ethiopia has been in the pipeline for years.   The.... Read more »

Posted on : Thursday , 17th December 2015

President Magufuli: Development of Tanzania’s construction industry

 President Magufuli will soon have to tackle issues facing Tanzania’s construction industry and as the immdiate past Minister for Works Magufuli has his job cutout for him   The 5th President of the Republic of Tanzania has already endeared himself to the general population and indeed the rest of Africa with his no-nonsense fight against corruption. This comes in the shadow of what many see as a crippling vice in Africa that.... Read more »

Posted on : Wednesday , 16th December 2015

Ethiopia: Authority Launches Construction of U.S.$700 Million Expressway

The 10,000km highway is designed for traffic levels forecast for the next 21 years   Ethiopian Roads Authority began construction of the Modjo-Hawassa Expressway, which, upon completion in five years, will have a million new trees flanking it on both sides.   The official launch of construction of the first four phases from Modjo to Meki by Prime Minister Hailemraim Desalegn on December 10, 2015, was the culmination of a four-year.... Read more »

Posted on : Tuesday , 15th December 2015

Ethiopia: Corporation Allocates 1 Bln. Usd for Industrial Parks

Industrial Parks Development Corporation announced that it has allocated one billion USD to construct over ten parks in Adama, Makalle, Kombolcha, Jimma and Bahir Dar towns.   Briefing journalists on Corporation current activities yesterday, Corporation CEO with the Rank of State Minister Sisay Gemechu said that the government plans to construct ten new industrial parks in Growth and Transformation Plan II period. The construction of.... Read more »

Posted on : Tuesday , 15th December 2015

Lagos Approves Flyover Bridges for Ajah, Abule Egba

The Lagos State Government has approved the construction of flyover bridges for two of the state's high-density traffic zones - Ajah roundabout and Abule Egba junction. The two major projects were approved by the State's Executive Council and have been duly awarded to contractors for a speedy commencement of work.   In a statement yesterday by the state's Commissioner for Information and Strategy, Mr. Steve Ayorinde, the projects will be.... Read more »

Posted on : Tuesday , 15th December 2015

Kuwait Fund Signs Nyagatare-Rukomo Road Agreement with East Africa

 A Loan Agreement was signed today in Kigali between the Republic of Rwanda and Kuwait Fund for Arab Economic Development whereby the Fund will extend a loan of Kuwaiti Dinars Four Million and Five Hundred Thousand Kuwaiti Dinars (K.D. 4,500,000/-), approximately 15.3 million US Dollars, to help finance the Nyagatare-Rukomo Road Project.   The Loan Agreement was signed on behalf of the Republic of Rwanda by H.E. Mr. Claver Gatete -.... Read more »

Posted on : Tuesday , 15th December 2015

Uganda: Sukulu Phosphate Project Gets Shs788 Billion Boost

Kampala — The construction of Uganda Sukulu phosphate factory in Tororo District has got a boost of $240 million (about Shs787.7b) at the China-Africa Investment and Financing Forum held in South Africa.   Industrial and Commercial Bank of China (ICBC) in cooperation with the Standard Bank Group will disburse the money in tranches to Guangzhou DongSong Energy Group Company Ltd which is the project developer.   The company,.... Read more »

Posted on : Thursday , 10th December 2015

Namibia: Ra Signs Agreements Worth N$2.6 Billion

The Roads Authority (RA) yesterday signed three contracts worth about N$2.6 billion for the rehabilitation and upgrading of three road projects.   "The Roads Authority has been talking about some of the major projects in the history of the country and today these projects will become reality," said RA's chief executive officer, Conrad Lutombi, during the signing ceremony to initiate the projects.   Lutombi explained that.... Read more »

Posted on : Thursday , 10th December 2015

South Africa: R20 Million for Limpopo Village Road Upgrade

Pretoria — The Lephalale Local Municipality will spend R20 million upgrading a road in Ga-Monyeki village, in Limpopo.   The six-month project will create about 40 jobs and will improve access to remote areas in the municipality.   This is the third road to be upgraded in a rural village in Lephalale this financial year as part of the municipality's commitment towards rural development.   Lephalale Mayor Jack Maeko.... Read more »

Posted on : Thursday , 10th December 2015

Tanzania signs US$400mn deal with Japan for road projects

 Tanzania has signed a deal with Japan for nearly US$400mn to develop major roads in the country road jbdodane flickrImproving the quality of roads in Tanzania is a primary concern for JICA and the country's transport authorities. The Japan International Cooperation Agency (JICA), on behalf of the Japanese government, will provide the money. Along with the African Development Bank (AfDB), JICA will improve a 230 km-long.... Read more »

Posted on : Thursday , 10th December 2015

Construction industry in Africa to grow by 8% in 2016 says report

 Construction industry in Egypt  has been projected to grow by eight per cent in 2016 after an estimated 9.8 per cent in 2015, the Egyptian Ministry of Finance has reported. The report reveals that the growth due to the steady support of the sector by public private partnerships (PPPs) and the growing infrastructure project pipeline in the country reinforce our positive outlook for Egypt’s construction industry in 2016, said a.... Read more »

Posted on : Wednesday , 9th December 2015

Construction of 8,000 kilometres of tarmac roads in Kenya to begin

 Construction of  8,000 kilometres of tarmac roads in Kenya is set to begin in a week’s time to ease transportation of goods and passengers and boost the country’s economy, Transport Principal Secretary John Mosonik  has said.   He said that the construction of the tarmac roads in Kenya will involve the tarmacking of roads in various parts of the country; about 16 Nairobi-Mombasa highways to ease transportation.... Read more »

Posted on : Tuesday , 8th December 2015



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