Out of the US$1.25bn Eurobond issue,US$400m has been allocated for road construction in Zambia in a bid to boost connectivity in urban and rural areas.   According to the Deputy Minister for Finance, Christopher Mvunga, US $410.7m will be channeled towards road infrastructure improvement.   He noted that US $268m will go into domestic debt swap and clearance while US $40m will be used for maintaining canals and purchasing.... Read more »

Posted on : Tuesday , 10th November 2015

Nairobi Governor Evans Kidero yesterday announced City Hall will complete tarmacking the road linking Kangundo road to the Eastern bypass in a few months.   The road runs from the Administration Police Training College gate in Embakasi and joins Kangundo Road near Njiru market.   The road is tarmacked halfway as the contractor pulled out due to nonpayment by the now-defunct City Council of Nairobi.   Speaking to residents of.... Read more »

Posted on : Saturday , 7th November 2015

Cement maker ARM Group has rolled out a new a technology in a bid to reduce the cost of construction.   Chief executive Pradeep Paunrana blamed high cost of housing on expensive technologies in the construction industry.   "We need to build more economically to keep prices of finished houses within reach of final users, something that will not cost an arm and a leg for a house or office owner," he said in a statement..... Read more »

Posted on : Saturday , 7th November 2015

El Riyadh — On Tuesday, Saudi Arabia signed four agreements on the funding of Sudanese dam, electricity and agricultural projects.   After Saudi Arabia agreed on financing the projects, President Omar Al Bashir arrived to the Saudi capital of El Riyadh on Tuesday, with a delegation including FA Minister Ibrahim Ghandour, Finance Minister Badreldin Mahmoud, the Minister of Electricity and Water Resources, Muataz Mousa, and military.... Read more »

Posted on : Saturday , 7th November 2015

The National Construction Authority (NCA) has proposed that construction works for buildings above three floors be done using pre-mixed concrete delivered on site by licensed subcontractors.   NCA's Buildings Inspectorate Secretary Moses Nyakiongora said they had also proposed that no onsite mixtures would be condoned.   The move is aimed at reversing the trend where houses have been collapsing due to use of poor quality materials.... Read more »

Posted on : Saturday , 7th November 2015

Chase Bank and the French Development Agency have signed a US$ 10.8m loan to finance renewable energy projects in Kenya. Chase Bank Chief Executive Paul Njaga confirmed the reports and said that the money will be lent to businesses that want to invest in renewable energy technologies projects such as small hydro, biomass, biogas, solar, geothermal and other energy efficient measures. “This is a 12-year facility and will therefore.... Read more »

Posted on : Friday , 6th November 2015

BAM INTERNATIONAL HAS RECEIVED INSTRUCTIONS TO PROCEED WITH PHASE II OF DESIGNING AND BUILDING THE NEW TERMINAL III OF JULIUS NYERERE INTERNATIONAL AIRPORT (JNIA). FULLY KNOWN AS KONINKLIJKE BAM GROEP OR ROYAL BAM GROUP, IS A MAJOR EUROPEAN CONSTRUCTION-SERVICES BUSINESS WITH HEADQUARTERS IN BUNNIK, NETHERLANDS. The firm said in its website that the Tanzania Airport Authority (TAA), instructed it to proceed with phase II of the JNIA terminal.... Read more »

Posted on : Thursday , 5th November 2015

 Namibian and Chinese investors have announced a plan to set up a cement plant at the cost of US$350mn near Otjiwarongo, Namibia cement sebastianbarre flickrThe setting of the plant has enough limestone to last production for at least 40 years.  Whale Rock Cement (Whale Rock) is the local partner on the project along with Chinese Asia and Africa Business Management (Xian) Company.  Whale Rock has said that a comprehensive.... Read more »

Posted on : Thursday , 5th November 2015

 The board of directors of Africa Development Bank (AfDB) has approved funding of more than US$210mn to support road infrastructure projects in Tunisia Tunisia Road Rusty Clark Wikimedia CommonsThe road project is expected to help reduce road accidents and improve road infrastructure resilience.  Tunisia’s Road Infrastructure Modernisation Project (PMIR) seeks to rehabilitate 719 km of classified roads, mainly in the.... Read more »

Posted on : Thursday , 5th November 2015

Chinese firm Sinohydro, has signed an infrastructure construction deal with Tatu City in Kenya. The deal will see the water, sewerage and temporary road works developed. The agreement worth US$ 4m will cater for basic infrastructure that will supplement the first phase of the project and another seven-kilometre temporary road will be constructed to help facilitate ongoing construction activities. “We are pleased to extend our.... Read more »

Posted on : Wednesday , 4th November 2015

 Cement manufacturer ARM Cement in Kenya has announced that it will launch a new technology in the production of cement, a move that will significantly reduce the cost of  construction,the firm’s chief executive has announced.   Speaking during a construction expo organised by Totally Concrete East Africa in collaboration with ARM Cement, chief executive Pradeep Paunrana said that the expensive technology in the production.... Read more »

Posted on : Wednesday , 4th November 2015

Arusha — At least $200 million (about Sh400 billion) will be spent on the construction of a museum for Laetoli footprints in Ngorongoro Conservation Area (NCA), an expert has said.   Dr Luois and Mary Leakey discovered the foot prints of human beings who date back to 3.6 million years ago were buried in 1998 to prevent them from weathering.   Mr Joshua Mwankunda, an expert with Ngorongoro Conservation Area Authority, said the.... Read more »

Posted on : Wednesday , 4th November 2015