Africa Bulding & Construction Market News Exhibitions

Kenya to receive USD 55.6 bn for infrastructure development

Mega infrastructure projects are planned for East Africa and are set to create unique opportunities and open new markets in Kenya, Uganda and Ethiopia. Industry sectors expected to benefit from the planned infrastructure developments include oil and gas (O&G), mining, agriculture, and retail. New analysis from Frost & Sullivan, African Infrastructure Tracker: Kenya, reveals that Kenya is set to become a hub for.... Read more »

Posted on : Thursday , 3rd September 2015

KENYA TO BECOME HUB FOR INTRA-REGIONAL AFRICA TRADE

Kenya is set to become a hub for intra-regional trade in Africa, according to a new report from Frost & Sullivan. An estimated $55.6 billion in investments in infrastructure development for Kenya is planned, the majority of which will focus on telecommunications and power generation infrastructure, according to the report. Mega infrastructure projects are also planned for elsewhere in East Africa and are set to create unique.... Read more »

Posted on : Thursday , 3rd September 2015

Kenya to set up unit to protect critical infrastructure

NAIROBI: The Government will set up a powerful entity to protect critical infrastructure against threats such as terrorism, espionage and sabotage. In a move aimed at dealing with increasing threats to critical infrastructure such as power lines, fibre optic, roads and data centres, the Government has proposed hefty fines and jail terms for up to 10 years for people caught sabotaging infrastructure that is critical to national.... Read more »

Posted on : Wednesday , 2nd September 2015

ERCC boosts Ethiopia market share in road construction

Road construction in Ethiopia will now be dominated by the government after Ethiopian Road Construction Corporation (ERCC) rolled out a business plan to boost its market share in road construction to 50%. The move is aimed at improving transport and communication in the country which will favor local market growth.The government of Ethiopia also intends to be more involved in road maintenance. The new big business.... Read more »

Posted on : Wednesday , 2nd September 2015

Shanzu Beach Resort to construct new block of apartments in Kenya�s Coast

Shanzu Beach Resort is set to construct a new block of apartments at the Kenyan Coast in a bid to boost their high end property development. The development which is dabbed The Shaza project will consist of 18 apartments comprising of two and three bedroom that will go for between Sh32 million and Sh42 million respectively. The Shanzu beach resort blocks will be constructed in Mombasa County and will be completed by.... Read more »

Posted on : Wednesday , 2nd September 2015

Electricity construction project in Sudan gets funding

Electricity construction project in Sudan has received a boost after a US$ 200m contract was signed with the East Sudan Development Fund and the companies which won the implementation tender that will be used in the generation of electricity in East Sudan region. First Vice-President General Bakri Hassan Salih, the Minister of Water Resources and electricity Mutaz Musa and a number of senior officials witnessed the signing.... Read more »

Posted on : Tuesday , 1st September 2015

The constructed 650MW Gas power Plant in Egypt goes Online

The constructed 650MW gas power plant in Egypt has started going online in just 159 days after its ground breaking ceremony. The gas power plant in Egypt that recently completed its construction is the first fast-track natural gas–fired project as it was being carried by two bodies one being Siemens and Egyptian firm Elsewedy Electric near the city of Suez. Attaqa Simple Cycle Power Plant is the very first.... Read more »

Posted on : Tuesday , 1st September 2015

Bamburi Cement net profit nearly doubles in first half

A boom in construction and foreign exchange gains has helped Bamburi Cement’s net profit almost double for the six months to June. The cement manufacturer reported an 86 per cent leap in net profits to Sh3 billion, with the management projecting an even better second half. The company, which is controlled by France’s Lafarge, attributed the strong performance to growth in demand in its two main markets, Uganda and Kenya,.... Read more »

Posted on : Monday , 31st August 2015

Construction of Standard Gauge Railway in Kenya almost complete

The Standard Gauge Railway in Kenya which is being constructed by China Road and Bridge Corporation is almost complete; this is according to the external manager Julius Ling. Mr. Ling said that the Standard Gauge railway in Kenmya is 50 per cent complete and the first locomotive to use the railway between Mombasa and Nairobi is expected at the Port of Mombasa in November this year. Currently, 48 per cent of the bridges.... Read more »

Posted on : Monday , 31st August 2015

Kenyans call for builders

Stakeholders behind a $US25 billion mega project in East Africa will today call on WA companies to bid for work on the Lamu Corridor in Kenya, as they seek to overturn fears about corruption in the country. Due to speak at today’s East Africa Oil and Gas Conference in Perth, Silvester Kisuku, chief executive of the LAPSSET Corridor Development Authority, will highlight opportunities. Kenya Australia Chamber of.... Read more »

Posted on : Monday , 31st August 2015

East Africa gets new cement plant

A 600,000 tonne capacity Cimerwa Cement plant has been inaugurated in Rwanda at the cost of US$170mn cement The plant has been built in the Muganza sector of the Rusizi district in western Rwanda. With the current cement demand being 450,000 tonnes annually, the new plant is expected to cater to the growing demand. Surplus will be exported to neighbouring countries such as Burundi and DR Congo. Officials expect the plant to.... Read more »

Posted on : Friday , 28th August 2015

Construction of Standard Gauge Railway in Kenya almost complete

The Standard Gauge Railway in Kenya which is being constructed by China Road and Bridge Corporation is almost complete; this is according to the external manager Julius Ling. Mr. Ling said that the Standard Gauge railway in Kenmya is 50 per cent complete and the first locomotive to use the railway between Mombasa and Nairobi is expected at the Port of Mombasa in November this year. Currently, 48 per cent of the bridges.... Read more »

Posted on : Friday , 28th August 2015