The once thriving construction industry in Botswana will be revived through an economic stimulus programme, MP Dr Pelonomi Venson-Moitoi has announced. Dr Pelonomi said the construction sector was one of the areas that the government eyes to stimulate the economy and create jobs. The decision was informed by assessment that showed the economic benefits of boosting the construction industry in the country. Construction had been badly.... Read more »

Posted on : Monday , 23rd November 2015

Chinese firm Henan International Cooperation Group under the jurisdiction of Henan province is set to invest in major construction projects in Nigeria.  This follows a meeting between Henan commissioner Mr. Jiao Jinmiao and Cross River State Governor Ben Ayade in Chinese city of Zhengzhou. Among the planned investments includes constructing a power plant, warehouses, an industrial city where cars, car accessories, spare parts would be.... Read more »

Posted on : Monday , 23rd November 2015

A US$100.51m cargo airport in Nigeria will be constructed in Nasarawa State,  governor Tanko Al-makura, has said. The governor was speaking during the signing of the financial contract agreement between the state government and Tongyi Group Engineering, a Chinese firm tasked with the construction with their representative HYPAD . The agreement stated that the Chinese firm will be responsible for the project’s finance. However, a.... Read more »

Posted on : Monday , 23rd November 2015

The French Development Agency (AFD) under the SUNREF programme has pledged to help in boosting energy efficiency in Uganda, the country’s Commissioner for Energy James Banabe has said. AFD which seeks to finance green projects, has earmarked $13 million to fund companies looking to implement energy efficiency in Uganda by financing  equipment and measures. He said that approximately 64% of the electricity generated in Uganda is.... Read more »

Posted on : Saturday , 21st November 2015

A special committee involving construction regulators has been formed to help look into challenges surrounding issuance of construction permits in Kenya that have been dragging the country down in global business competitiveness. The committee will look into the nature of construction permits Kenya  and related challenges. The team will then advise on whether the permits should be simplified or eliminated going forward, depending on.... Read more »

Posted on : Saturday , 21st November 2015

 Construction industry in South Africa should strengthen and emerge as a major player in Sub-Saharan Africa, an expert from research firm McKinsey Global Institute has said.   Christine Wu a partner in McKinsey’s Johannesburg office observes that construction industry in South Africa only accounts for 7% of market share in Sub Saharan Africa.   Speaking to the media in South Africa, Wu said that  unless South Africa.... Read more »

Posted on : Friday , 20th November 2015

US$ 20m has been set aside for the servicing of Ramada Encore Hotel in Tanzania under Ramada Worldwide,  Managing Director Abdul Ismail has announced. Mr Ismail said the decision to service the Ramada Encore Hotel in Tanzania was informed by the need to increase hotel rooms in Dar es Salaam which is Tanzania’s capital. “We saw the need and decided to venture into the area, we want to play a role in alleviating a shortage.... Read more »

Posted on : Wednesday , 18th November 2015

  Ghana has begun the construction of what it says will be the largest gas-fired power plant in sub-Saharan Africa to take advantage of the country’s rich reserves of natural gas. The gas power plant in Ghana, developed by Cummins Cogeneration Limited and WUTA Energy, will generate 300mw of power when completed. The first 140mw phase will be connected to the Ghanian Grid next year. The mega gas power plant in Ghana will be.... Read more »

Posted on : Wednesday , 18th November 2015

Pretoria — KwaDukuza Municipality and Group Five have reached a power deal that will see construction activities resume at Avon Peaking power plant outside Shakaskraal, in KwaZulu-Natal's north coast.   This follows the dismissal of about 1 500 construction workers after going on an unprotected strike, which halted construction activities for the past six weeks.   KwaDukuza Mayor Ricardo Mthembu and Group Five Executive.... Read more »

Posted on : Wednesday , 18th November 2015

Chinese firm Avic International has been awarded a contract to construct 2, 350 houses in Zambia for police officers at the cost of US $320m. President Edgar Lungu indicated optimism for the project during the ground breaking ceremony for the construction of the first 48 houses in Zambia capital Lusaka. This is expected to be completed end of March 2016. President Lungu noted that his country is experiencing housing deficit and this will.... Read more »

Posted on : Monday , 16th November 2015

Algiers — An agreement was signed, Thursday, between Algeria and China for the construction of a cultural and entertainment complex for youth in the municipality of Baraki (Algiers).   The signing ceremony took place in the presence of the minister of Housing, Urban Planning and the City, Abdelmajid Tebboune, the minister of Youth and Sports El Hadi Ould Ali, the Governor (Wali) of Algiers, Abdelkader Zoukh as well as Chinese.... Read more »

Posted on : Monday , 16th November 2015

Eko Atlantic City has been held up as a model of development for the future city and one that has the potential to change the landscape of Lagos.   The project is already attracting the attention of investors across the world as it nears completion, in line with the new focus on Africa, which is seen as the next frontier in the real estate market. Aside the expansion of real estate that the project offers, its Great Wall is expected to.... Read more »

Posted on : Thursday , 12th November 2015