Market News
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Egypt to tender five US$ 2.8 b new technology parks project
Posted on :Tuesday , 16th September 2014
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.
Chinese firms to construct the new US$ 700m Gebba River Dam, Ethiopia
Posted on :Tuesday , 16th September 2014
The Ethiopian Government has awarded a contract for the construction of a new Gebba River Dam. The cost of the contract is US$700m. It will be built along Gebba River, near the border of Jimma and Illubabur zones of the Oromia Regional State.
Tanzania: As Dar Port Gets Sh800 Billion for Expansion
Posted on :Tuesday , 16th September 2014
A MEMORANDUM of Understanding (MoU) between Tanzania Ports Authority (TPA), Ministry of Transport and World Bank, UK's Department for International Development (DFID) with Trade Mark East Africa has been signed for a 500 million US dollars (over 800bn/-) financing f. . .
Link Zambia 8000 road project is driving demand for earth-moving equipments
Posted on :Friday , 12th September 2014
Dr Guy Scott, the vice president of Zambia has said that the recently unveiled phase of Link Zambia 8000 road project is driving demand for earth-moving equipments in the country. Scott’s message was read by Labour and Social Security Minister Fackson Shamenda in the unveiling of the plaque at the U.S$ 14m Barloworld Equipment Kitwe facility.
Scott said the Link Zambia proj. . .
Construction of US$ 7.66b new modderfontein city in South Africa
Posted on :Friday , 12th September 2014
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 abo. . .
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