Chinese real estate firm Sultan Palace Development plans to construct a Sh5 billion high-end resort in Kikambala, Kilifi, targeting the luxury holiday homes market.   Sultan Palace said its investment is driven by a growing demand for beach resorts globally, with Kenya becoming a popular destination.   “There was a gap in this sector and we felt the need to venture into this market as Kenya has proven one of the most.... Read more »

Posted on : Friday , 12th December 2014

Lafarge Africa, the Nigerian unit of the French cement maker, Lafarge, is poised to make a cash offer valued at about $122 million to buy-out minority shareholders in its Nigerian business, Ashaka Cement, it emerged on Tuesday.   According to Reuters, the bid comes shortly after the $1.35 billion union of Lafarge Africa’s Nigerian and South African businesses, which has already gotten approval from shareholders in July this.... Read more »

Posted on : Thursday , 11th December 2014

The Government of Kenya is planning to construct a US$ 74.2m open market in Athi River, Machakos County and another US$ 42m market in Murang’a, Murang’a County.   East African Affairs, Commerce and Tourism secretary Phyllis Kandie indicated that the tendering process for the project will be done next year, and that the project is expected to be complete within two years after the process.   The open market construction.... Read more »

Posted on : Wednesday , 10th December 2014

East African cement maker ARM Cement has announced an increase in investments across the region as the demand for cement continues to rise. A statement from the company revealed that ARM Cement will complete some pending projects this year, and begin new ones in 2015.   The company, which has plants in Kaloleni and Athi River in Kenya, as well as Dar es Salaam and Tanga in Tanzania, will complete one more grinding plant in Tanga in.... Read more »

Posted on : Wednesday , 10th December 2014

Dodoma — THE government, through the Ministry of Foreign Affairs and International Cooperation, is planning to construct an office building and an investment venture in Nairobi, Kenya.   The Deputy Minister in the ministry, Mr Mahadhi Juma Maalimu, told the Parliament that the project is part of government's strategic plan to involve the country's pension funds in implementing development projects in the nation's foreign.... Read more »

Posted on : Friday , 5th December 2014

The Sh12 billion Turbi-Moyale Road is 40 per cent complete, the Kenya National Highways Authority has said The project is the third and last phase of the Mombasa-Nairobi-Addis Ababa Road Corridor Development project. Kenha said movement of goods and services will be enhanced once the project is completed. The project, financed by the African Development Bank, was started by President Mwai Kibaki in October 2012. It is expected to be completed.... Read more »

Posted on : Friday , 5th December 2014

Tanzania is planning to put up a new office in Nairobi – Upper Hill area – a building that will also host the country’s embassy in Kenya. Foreign Affairs Deputy Minister Mahadhi Maalimu told parliament last week that the government was concluding dialogue with NSSF to see the implementation of the project by the fund.   The complex will be 26 storey building and will be known as Umoja House.   In addition to.... Read more »

Posted on : Thursday , 4th December 2014

Permanent Secretary in the ministry of Transport John Mosonik has said that construction of the Dongo Kundu bypass in Mombasa will start early next year. The much awaited infrastructure project is expected to decongest Mombasa by serving as an alternative to Likoni ferry. It will link the mainland to the south coast.   Mosonik has also said that the government is going to announce the winner of tender for Phase I within two coming weeks..... Read more »

Posted on : Thursday , 4th December 2014

Tanzania expects to double its cement production in the next few years as new factories come on-stream to satisfy growing demand from the construction sector, a senior government official said on Tuesday.   Cement consumption is viewed as a barometer for construction activity, which is one of the main drivers of economic growth in the country.   Annual cement production in east Africa's second-largest economy will rise to 6 million.... Read more »

Posted on : Thursday , 4th December 2014

AFRICA’S MOST DYNAMIC BUILDING & CONSTRUCTION EXHIBITIONS The 18th Edition of BUILDEXPO is all set to bring to you the latest products, equipment and machinery to the East African market. BUILDEXPO is Africa’s premier and most trusted Building & Construction trade show. The 18th BUILDEXPO AFRICA 2015 will provide a platform for highly evolved global manufacturers & exporters from all over the world to enter into the .... Read more »

Posted on : Wednesday , 3rd December 2014

 The Ministry of Health in Mozambique has called for submission of interests for construction of Nampula General Hospital. According to the tender document, contractors to be considered are those from Arab countries and Africa or any partnerships between or among contractors from those regions.   Companies interested in the of Nampula General Hospital project should submit their interest by December 11 2014 to the ministry, addressed.... Read more »

Posted on : Monday , 1st December 2014

The engineering division of the Egyptian armed forces has announced that Egypt will use machines made by a German firm to bore at least four tunnels under the Suez Canal project, in a US$8 billion project of expanding the waterway and through which the government seeks to raise more revenues and foreign currency reserves. Kamal al-Waziri said on Thursday that the Egyptian army had contracted a German company to provide machines for three car.... Read more »

Posted on : Monday , 24th November 2014