N e w s

US$ 331m to be spent on road network expansion in Ethiopia

 The Addis Ababa City Roads Authority (AACRA) has set aside US$331m for roads in the Addis Ababa city, Ethiopia. The city of Addis Ababa presently has a road network covering 4671km, which is expected to be increased to 5275km. The project seeks to add 600km of road to the city’s road network. The Akaki Kaliti-Tulu Dimtu road will also be expanded, and reconstruction of the Akaki Bridge as part of this project, will also take place..... Read more »

Posted on : Wednesday , 17th September 2014

Egypt to tender five US$ 2.8 b new technology parks project

 The government of Egypt has unveiled plans to tender five projects to construct modern technology parks across the country at an estimated US$ 2.8 b to boost its revenues. This follows planned issuance of a unified landline and mobile telecoms licenses. Egypt’s Minister of Communications and Information Technology (MCIT), Mr. Atef Helmy, confirmed the planed issuance of the bids for the five projects. Mr Helmy also said that the.... Read more »

Posted on : Tuesday , 16th September 2014

Chinese firms to construct the new US$ 700m Gebba River Dam, Ethiopia

The Ethiopian Government has awarded a contract for the construction of a new Gebba River Dam. The cost of the contract is US$700m. It will be built along Gebba River, near the border of Jimma and Illubabur zones of the Oromia Regional State. The contract for the new Gebba River Dam was awarded through the Ethiopian Electric Power Corporation (EEPCo), which is mandated to producing, transmitting, distributing and selling electrical energy in.... Read more »

Posted on : Tuesday , 16th September 2014

Tanzania: As Dar Port Gets Sh800 Billion for Expansion

 A MEMORANDUM of Understanding (MoU) between Tanzania Ports Authority (TPA), Ministry of Transport and World Bank, UK's Department for International Development (DFID) with Trade Mark East Africa has been signed for a 500 million US dollars (over 800bn/-) financing for Dar es Salaam port expansion and modernisation. The MoU signing ceremony was witnessed by Transport Minister, Dr Harrison Mwakyembe and visiting World Bank Managing Director.... Read more »

Posted on : Tuesday , 16th September 2014

Link Zambia 8000 road project is driving demand for earth-moving equipments

Dr Guy Scott, the vice president of Zambia has said that the recently unveiled phase of Link Zambia 8000 road project is driving demand for earth-moving equipments in the country. Scott’s message was read by Labour and Social Security Minister Fackson Shamenda in the unveiling of the plaque at the U.S$ 14m Barloworld Equipment Kitwe facility. Scott said the Link Zambia project was creating new opportunities for Small and Medium.... Read more »

Posted on : Friday , 12th September 2014

Construction of US$ 7.66b new modderfontein city in South Africa

Hong Kong- listed property development Group Shanghai Zendai will be constructing a US$ 7.66bn new Modderfontein City in South Africa starting next year. The project will comprise construction of a university, schools and a contemporary African gallery. Development of infrastructure, among them a Gautrain station planned for the next four to five years, is part of construction works awarded about US$ 273m. The city will mainly host.... Read more »

Posted on : Friday , 12th September 2014

Uganda: 13 firms bid for JLOS House construction

The justice ministry has been receiving bids since June 12 when they announced expression of interest for construction of the complex to be called JLOS House. The complex will be constructed under a Public, Private Partnership (PPP) arrangement, according to a statement from JLOS. Jim Mugunga, the finance ministry spokesperson told New Vision Online that funds from government were available to finance the government component for the complex.... Read more »

Posted on : Thursday , 11th September 2014

Kenya: NHC to Build 40 Housing Units in Kisii

THE National Housing Corporation will construct 40 housing units in Kisii Town. NHC general manager in charge of technical operations Willis Ouma said the two bedroom units will be built at Nyanchwa estate in the outskirts of Kisii town. Speaking at Deputy Governor Joash Maangi's office last Friday, Ouma said the five-storey blocks will reduce the housing shortage in Kisii town. Maangi said the county has a high number of workers who do not.... Read more »

Posted on : Thursday , 11th September 2014

Bagamoyo Port construction starts this year

Previous, the construction of the port at Mbegani creek was estimated to begin next January but speed of negotiations permitted the project to kick off this year, thanks to Big Results Now (BRN) initiative. The Tanzania envoy to China, Mr Abdulrahaman Shimbo told ‘Daily News’ that the port will be built in phases were the main leg expect to begin soon after completion of negotiation, which are at final stages. “The.... Read more »

Posted on : Thursday , 11th September 2014

30 Swedish style villas for Kisumu s Riat Hill

With an initial budget of over a billion shillings, the development of 30 Swedish style villas on 8.5 acres is now underway after the project launch at the Swedish Ambassador’s residence in Nairobi last week.   The project is the brainchild of Fred Andersson, the Swedish entrepreneur who has more than 40 years working with various multinationals. In Kenya, he is known for establishing the coastal lodge Kinondo Kwetu,.... Read more »

Posted on : Thursday , 11th September 2014

US-based Louis Berger to construct US$ 9.0m section of Yaounde-Douala highway in Cameroon

Louis Berger, an engineering services company based in US has secured a five-year contract for construction works to improve a section of the Yaoundé-Douala highway in Cameroon. The contract is a five-year engagement that will see the country’s Yaoundé diplomatic region connected to the country’s Douala deepwater port. Construction works on the Yaoundé-Douala highway by Louis Berger will make the road a.... Read more »

Posted on : Thursday , 11th September 2014

Arab Contractors seals new housing contract with Algeria

Arab Contractors Company (AC), Egypt’s leading Construction Company is set to sign a new contract for implementation of various housing projects in Algeria this month. The contract is to be signed this month between the Government of Algeria and the company, according to the Chairman of Arab Contractors Company (AC), Mr. Mohsen Salah. The signing of the awarding of the contract to the Arab Contractors Company (AC) is expected to boost.... Read more »

Posted on : Thursday , 11th September 2014



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