The World Bank will support the construction of a dam in Kenya  to provide enough water to residents. This follows a financial agreement that was signed by Kenya and the  World Bank to the tune of  US$ 200m to help in the  construction of Mwache dam in Kwale County.   The agreement which was signed during climate talks in Paris is part of a larger project under the Paris Pact Flagship Project that targets to.... Read more »

Posted on : Tuesday , 8th December 2015

 A Turkish construction company has partnered with Unicef to build a school in Nigeria aimed at enabling hundreds of children get education.   Turkish prefabricated housing firm Karmod, will construct the school in Nigeria’s Borno province.   The first phase of the project will see the building of 30 mobile prefabricated classrooms with desks, chairs, cabinets made and sent by Karmod.   In the school each.... Read more »

Posted on : Saturday , 5th December 2015

Duth Contractor BAM International (BAM) has recently announced that construction works of the new Terminal 3 at the Julius Neyerere International Airport (JNIA) have so far reached a completion of 65%. The license to start the construction of the new EUR 100 million terminal, was awarded by Tanzania Airport Authority (TAA) in November, 2015 and follows rehabilitation works of the Terminal 2 whose project was awarded between 2005 and 2006 for.... Read more »

Posted on : Friday , 4th December 2015

 Tanzania has signed a US$ 400m loan deal with Japan to boost construction of roads in the country. The road construction in the country is aimed at triggering the growth of business activities.   Masharu Yoshida, the Japanese Ambassador to Tanzania confirmed that Japan International Cooperation Agency (JICA) and African Development Bank (AfDB) will help finance the road construction project in Tanzania.   “I have.... Read more »

Posted on : Thursday , 3rd December 2015

 The Nelson Mandela Bay Municipality is set to embark on infrastructure construction projects that will see houses refurbished, roads resurfaced and potholes fixed.   The Municipality will spend R99m on the projects with Magennis Street, being one of the projects receiving R25m set aside for its reconstruction.   Magennis Street renovation initiative will be used for the Integrated Public Transport System (IPTS) buses if the.... Read more »

Posted on : Wednesday , 2nd December 2015

Zambia has begun the construction of what it says is a major hydro-power project aimed at boosting the country’s electricity generation capacity. The construction of 750 megawatts Kafue Gorge Lower Hydro-power project in Zambia begins following the signing of a memorandum of understanding between Zambia and China. The hydro-power project in Zambia, to be situated in the south of the country-about 90 kilometers from Lusaka, will.... Read more »

Posted on : Tuesday , 1st December 2015

The upgrade of Tanzania's second largest airport, Kilimanjaro International Airport, is underway. It is expected to give KIA the capacity to handle more aircraft and passengers.   The makeover, which started last week, will see all runways, apron, taxiways and passenger lounges modernised.   Project engineer Mathew Ndossi said that the $39.7 million expansion works, set to be completed in May 2017, will enable the airport to handle.... Read more »

Posted on : Monday , 30th November 2015

 Lafarge Ready Mix Nigeria Ltd. formalised its partnership with Construction Kaiser Limited at a signing ceremony that took place at The MoorHouse Hotel, Ikoyi, Lagos, Nigeria.   The agreement records a mutual understanding of partnership, in which LRMN will supply all of CKL’s Ready Mix Concrete needs, nationwide.   Engr. Igbuan Okaisabor, Vice Chairman of Construction Kaiser Limited stated that “with the signing.... Read more »

Posted on : Saturday , 28th November 2015

Sameer Africa Group is planning to construct a 26,000-seater stadium in Kenya that will encourage the development of sports in that region. The stadium will be constructed in Nandi County. Sameer Africa which is owned by Naushad Merali signed a Memorandum of Understanding (MOU) with Nandi County Governor Cleopas Langat on the construction of the stadium and the investment firm pledged to add more money to the infrastructural development of.... Read more »

Posted on : Thursday , 26th November 2015

 The World Bank is now calling for diversification on infrastructure funding in Ethiopia in a bid to finance its  infrastructure projects to avoid heavy reliance on the state.   In recent years the country has been carrying much of the burden of raising finance for infrastructure development while at the same time demanding that banks invest the equivalent of 27% of the loan portfolio in low-yield state development bonds,.... Read more »

Posted on : Thursday , 26th November 2015

Kenya is now among top ten nations in regards to  green power generation, a report released by Bloomberg New Energy Finance shows. The 2015 Climatescope Index ranks Kenya sixth out of 55 countries that are investing in wind, solar geothermal and other renewable power generation worth US$126bn of investments. Energy Regulatory Commission (ERC) also gave out a report that revealed that geothermal power consumption in Kenya went high and.... Read more »

Posted on : Thursday , 26th November 2015

 Nedbank Corporate and Investment Banking (NCIB) and the Development Bank of Southern Africa‘s Green Fund (DBSA) has partnered to construct 400 green houses in South Africa.   The construction of green houses in South Africa will combine social and environmental sustainability to promote access to better quality housing units with lower running costs.   The agreement also includes the monitoring of energy and water.... Read more »

Posted on : Thursday , 26th November 2015