According to the African Development Bank, East Africa will grow by 5.6% in 2015 and by 6.7% in 2016, making it the fastest growing region on the continent.   Today 54% of the world’s population lives in urban areas, but by 2050 the urban population is expected to rise as high as 62% in Africa. Currently only about 40% of African people live in urban environments, but as urbanisation rates continue to climb, some African cities will.... Read more »

Posted on : Wednesday , 22nd July 2015

 Construction experts and enthusiasts can look forward to attending the biggest yet conference of global construction industry shareholders right here on South African soil next month.   The annual African Construction and Totally Concrete Expo, which takes place from 12 May to 15 May 2015, will offer attendees five unique expo experiences which include the African Construction Expo, Totally Concrete Expo, Coatings for Africa,.... Read more »

Posted on : Wednesday , 22nd July 2015

 BNP Paribas Italy and Intesa San Paolo banks have signed a US$ 333m agreement with Kenya for the construction of Kuresoi dam in Kuresoi, Nakuru county.   The signing of the agreement at State House, Nairobi, was witnessed by President Uhuru Kenyatta and Italian Prime Minister Matteo Renzi after they held bilateral talks. The agreement brings Italy’s total financial assistance to Kenya to US$ 528m   The total amount will.... Read more »

Posted on : Tuesday , 21st July 2015

Kenya is about to enter an important new stage in the development of its mining sector. The Mining Bill 2014, currently under review by the Senate, should be enacted before the end of the year and Kenya is about to embark on developing a 20-year strategic plan for the sector with the assistance of McKinsey & Company.   The Mining Bill will regulate, amongst other things, how investors engage with various levels of government and local.... Read more »

Posted on : Saturday , 18th July 2015

Gold deliveries have increased by an average of 50% this year due to the plugging of leakages of the precious mineral, with focus now on improving the supply side for small scale gold miners, Mines minister Walter Chidhakwa has said.   Mineral leakages have cost the country billions of dollars in lost revenue, reducing official gold sales from 27 tonnes in 1999 to the current average of 12 tonnes per year.   In an interview.... Read more »

Posted on : Saturday , 18th July 2015

 Africa is growing and more opportunities are coming up for the construction related investors who are looking into the bigger picture. As the growth of the continent’s economy increases there are key factors that are contributing to this robust case: rapid urbanization, strong current and projected economic growth, a rising middle class, regional integration and strengthened democracy, transparency, accountability and governance in.... Read more »

Posted on : Saturday , 18th July 2015

 Dangote Group set to deliver the second cement plant in Cameroon. The plant will have the capacity to produce of 1.5million metric tonnes of cement a year. Not so long ago, the group commissioned its first cement plant in Douala with an equal capacity production of 1.5million tonnes per year.   Aliko Dangote, the Dangote group owner, held a meeting with Philemon Yang the Cameroon’s Prime Minister in Yaounde, where he revealed.... Read more »

Posted on : Saturday , 18th July 2015

 Chryso Southern Africa Group which is a leading manufacturer of chemicals used in the construction industry is set to erect a factory in Kenya as from 2016. At the moment, it has opened an office in Nairobi so as to expand its services in the East African region.   “Servicing customer needs is our primary driver and the establishment of Chryso Eastern Africa further underlines our strategy to further expand our footprint in.... Read more »

Posted on : Friday , 17th July 2015

Africa: When one first pronounces Africa what comes in every mind is the rich resources and development rate that has been recorded in the recent times much of it due to Africa construction activity Currently the continent has attracted various investors from all over the world because no doubt the continent is growing at a quick rate and it has low debt levels and a youthful population that is more focused. The African equity exchange-traded.... Read more »

Posted on : Thursday , 16th July 2015

Architect Steven Oundo, Chairman of NCA ( National Construction Authority Of Kenya ) addressing Buildexpo Audience " It is a pleasure to be associated with this milestone event ", said Architect Steven Oundo, Chairman of NCA. " In life, we have three needs - Food, Clothing & Shelter. Buildexpo caters to one of the most important fundamentals input that is shelter. I'm delighted to see the number of players in the industry.... Read more »

Posted on : Thursday , 16th July 2015

Expogroup is proud to welcome on board Apex Steel from Kenya, as the GOLD SPONSOR of the 19th BUILDEXPO AFRICA 2016. Apex Steel Ltd is one of Kenya’s largest integrated building and engineering material suppliers. Headquartered in Nairobi, Kenya, the company conducts business throughout the East and Central African regions. Engaged in the manufacturing of steel, and trading in a wide range of building materials, engineering steel, and.... Read more »

Posted on : Wednesday , 15th July 2015

As the Chief Guest at the opening of the event, the minister took the opportunity to mention some core issues in increasing interaction and foreign collaborations using the platform Buildexpo provides." We need to create an environment to attract foreign investments. To achieve this, we need to build up the confidence of investors and provide them incentives " he emphasized. " The ministry is working hard to establish special.... Read more »

Posted on : Wednesday , 15th July 2015