Africa Bulding & Construction Market News Exhibitions

Africa: Cement newcomer Sephaku looking to expand trade market after stellar performance

A “stellar” performance by cementation newcomer Sephaku Holdings’ Métier Mixed Concrete division has swung the group to a full-year net profit of R47.16-million for the 12 months ended March 31, positioning it to expand its market share in what has become a highly competitive domestic cementation market. The group achieved full-year revenue of R775.4-million and earnings before interest, taxes, depreciation and.... Read more »

Posted on : Tuesday , 30th June 2015

Volvo launches new Construction Equipment for Africa

Volvo Construction Equipment has announced the launch a new series of wheel loaders in Africa Volvo launches new wheel loader for Africa The G Series has Z-bar linkage and increased hydraulic pressure for powerful digging and complete bucket fill. The G Series, which consists of three machines – the L120GZ, L60GZ, and L90GZ – will be released in Africa, as well as the Middle East and Russia. Volvo said the range has.... Read more »

Posted on : Monday , 29th June 2015

Deloitte bags multi-billion Kenyan construction consultancy contract

Under the terms of the contract, the consulting firm would undertake a feasibility study, prepare tendering documents and advise on procurement of the project on behalf of the Kenya Urban Roads Authority (KURA). The second Nyali Bridge project is anticipated to connect Mombasa Island with the North mainland and ease congestion on the existing Nyali Bridge making traffic less dependent on a single channel.... Read more »

Posted on : Saturday , 27th June 2015

Ethiopia, Chinese Company Sign U.S.$119 Million Deal for Infrastucture development to Kenya

Ethiopia signed a 119 million dollar deal for power transmission lines to Kenya to export the extra power. "It is mandatory to export the energy that is leftover as we cannot keep it, because our existing electric transmission lines are working beyond their capacity and they cannot transmit the entire amount of energy we are producing," according to Azeb Asnake (Eng.), chief executive officer (CEO) of Ethiopia Electric.... Read more »

Posted on : Saturday , 27th June 2015

Rwanda: Construction of Rwf4 Billion FERWAFA Hotel Starts July

Construction of a four-star hotel, worth Rwf 4billion, by the Rwanda Football Federation (FERWAFA) will commence next month, the Federation president Vincent Nzamwita, has said. The hotel will be built in four phases and the first phase will include construction of 40 rooms. FIFA has provided a grant of $2,896,640 (approximately Rwf2bn) towards the project while the other half is a loan. This is part of the FIFA Goal.... Read more »

Posted on : Saturday , 27th June 2015

Tanzania: Four-Lane Road Construction Starts

Construction of a four-lane road linking Sakina section of Arusha City with Tengeru Township in Meru has started and the massive infrastructure whose works kicked off last Thursday is aimed at easing congestion along Arusha-Moshi highway. The four-lane, two track motorway, whose works are kicking off in near Tengeru is part of the implementation of the proposed multinational Arusha-Holili highway which is to extend into Kenya and.... Read more »

Posted on : Saturday , 27th June 2015

Kenya: Cytonn Investment unveils Sh50 billion real estate project

Speaking on Thursday in a press briefing, a day that also saw the company launch its property development affiliate- Cytonn Real Estate, firm’s Chief Executive Officer Edwin Dande, noted that 85 percent of the project would be low and medium housing. The remaining 15 per cent would be prime residential housing, which will also include the five-acre Amara Ridge gated community in Karen. Besides Karen, other developments in.... Read more »

Posted on : Friday , 26th June 2015

A new player to enter cement production in Kenya

Cement production in Kenya is soon to see a new entrant. A new cement grinding plant is set to be constructed in Western Kenya on a 50 acre piece of land. It is projected to produce 730,000 tonnes of cement every year and hence enhance the competition in the industry. “The plant will have the capacity to increase cement production in Kenya by 2,000 tonnes of cement per day using raw materials such as clinker, additives,.... Read more »

Posted on : Thursday , 25th June 2015

UK grants investment into infrastucture construction in Kenya

The UK has agreed to provide a US$5mn grant to TradeMark East Africa for the construction of proper roads between Kenya’s Moi International Airport and Mombasa Port. The road upgrade is expected to begin in April 2015 and go on until June 2016. The funds will be used to upgrade the Port Reitz or airport road into a dual carriageway, which would ease movement of cargo and people to and from the sea and airport. Frank.... Read more »

Posted on : Thursday , 25th June 2015

German cement maker opens two new plants in�Africa

The new US$250mn plant has an annual capacity of 1.5mn tonnes and is located at Tabligbo, around 80 km northeast of Lomé. According to the company, with the Scantogo investment, HeidelbergCement has become the largest German foreign investor in Togo. The US$50mn Cimburkina cement grinding plant has an annual capacity of 800,000 tonnes and is located near the capital city Ouagadougou. IFC, branch of the World Bank, is partially.... Read more »

Posted on : Wednesday , 24th June 2015

Kirloskar Brothers Limited�a step further towards development of the African Sector

World-class pump manufacturing requires expert engineers and expertise in systems for fluid management. Kirloskar Brothers Limited (KBL) trades precisely on these attributes. KBL is the flagship subsidiary of the US$2.1bn Kirloskar Group. KBL leads Africa’s markets for fluid management solutions to serve large infrastructure projects, addressing requirements in water resource management, power generation, oil and gas operations,.... Read more »

Posted on : Wednesday , 24th June 2015

Dangote Cement to start cement production in Tanzania

The factory has a capacity of three million tonnes annually, and is expected to boost Tanzania’s annual output to six million tonnes. It is located in the country’s Mtwara region. Once complete, the cement factory will supply cement to nearby and landlocked nations in the region. The Nigerian cement major has plans to diversify its market reach in the continent, stated a Reuters report. However, the cement manufacturer is.... Read more »

Posted on : Tuesday , 23rd June 2015