Market News

Uganda, Kenya and South Sudan are among several African states to have signed a new deal on cyber security to protect multi-million-dollar oil and transport projects. Presidents Yoweri Museveni of Uganda, Paul Kagame of Rwanda and Uhuru Kenyatta of Kenya signed a memorandum of understanding on cy . . .

 Egyptian government has completed the construction of $92 Million drinking water project across the country. The housing minister said they have completed the 83 drinking water and sanitation projects, along with 112 sanitation projects in various villages across the country. The minister in . . .

 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 comp . . .

 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 ma . . .

 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 . . .