Market News

Phase one works on US $1.9bn Dar Es Salaam Standard Gauge Railiway (SGR) between Dar es Salaam and Morogoro in Tanzania nears completion. Minister for Works, Transport and Communications Isack Kamwele revealed the reports. Phase 1 of the project that Dar es Salaam has been pushing since April 201 . . .

Construction works on Julius Nyerere International Airport terminal 3 has been announced by the government of Tanzania that it is nearing completion. With only final touches remaining before being handed over to the government for operations. Works, Transport and Communications Minister Isack Kamw . . .

Construction of 67 new district health facilities countrywide have been confirmed by the Tanzanian govenment and it has been revealed that the project is on the advanced stages. Reducing challenges confronted by people from the rural areas is one the primary aims for the construction of the new faci . . .

Where to Invest in Africa 2019? RMB has the answer. Kenya, Rwanda, Ethiopia and Tanzania will be among Africa’s most attractive investment destinations in 2019. According to a report prepared after an extensive study by South Africa based Rand Merchant Bank (RMB). The RMB Investment Attractive . . .

The total number of projects in East Africa has risen by a substantial 96% between 2017 and 2018 with an equally substantial increase of 167% in the total US dollar value of projects, a new report has shown. The Africa Construction Trends (2018) by consultancy firm Deloitte, reveals that East Afr . . .