Four industrial parks in Ethiopia will be constructed in the next two years that will cost US$ 2bn, a senior government official has confirmed. Trade and industry State Minister Tadesse Haile confirmed that the concerned people have finalized on the inspection of four more parks in the eastern town of Dire Dawa, Kombolcha and Mekelle in the country’s North, and Adama in the capital’s south waiting for the launch that will take.... Read more »

Posted on : Thursday , 12th November 2015

Lubango — A housing complex comprising 103 houses was inaugurated on Saturday in Lubango, southern Huila province, by the minister of transport, Augusto da Silva Tomás.   The project, built in two years, is part of the project of rehabilitation and modernization of Moçâmedes Railways (CFM) underway since 2005, through a public-private partnership developed with Lei-Jun-Ca Company of the Chinese Wyway group.... Read more »

Posted on : Wednesday , 11th November 2015

Lilongwe — The Malawi government has expressed satisfaction with a chinese-funded national stadium scheduled to complete later this month in Malawi capital, Lilongwe.   In a tour of the multi-million dollar facility on Wednesday, Minister of Transport and Public Works Francis Kasaila said the stadium would not only change the face of the city but also put Malawi on the map in as far as international games are concerned.   The.... Read more »

Posted on : Wednesday , 11th November 2015

Afritech Energy (AE) and East African Power have signed a US$ 40m agreement that will see the construction of four hydropower plants in Rwanda. The agreement will involve construction of four hydropower sites in Bihongora, Karambo II, Gatare Sebeya and Muregeya. Other two projects will be in Rustiro and two more in Rubavu. Executive Chairman of Afritech Dan Klinck was present in Kigali during the press conference and said that although the.... Read more »

Posted on : Wednesday , 11th November 2015

The construction of Nyagak III Small Hydro Power Project in Uganda is set to commence soon, this is after the Ugandan Government and a German firm signed a US$ a 1.8m agreement. The agreement which was signed by Uganda Electricity Generation Company Limited (UEGCL) on behalf of the government took place at the UEGCL offices in Nakasero. The German firm GOPA-International Energy Consultants GmbH together with an Italian based Zollet Ingegneria.... Read more »

Posted on : Wednesday , 11th November 2015

 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