Market News

Bua Group International is planning to invest in a new cement plant that will be expected to have 3Mt/yr of production capacity. The new cement plant will be constructed in the Okpella, Edo State and is expected to be ready for commissioning in February 2015. After commissioning, the new cement plan . . .

Work on a six-kilometre tarmac road in Lodwar has begun and is expected to be completed in the next nine months. This is an extension of a 3.2 kilometre tarmac road handed over to the county government by the Kenya Urban Roads Authority (Kura) Managing Director Joseph Nkadayo in July. The road, w . . .

 The French Agency for Development (AFD) has signed a US$66m deal that will see the Moi International Airport in Mombasa being upgraded.   The loan will be used by the Kenya Airports Authority (KAA) to renovate airside pavements, airfield ground lighting and to upgrade the water and powe . . .

National Housing Corporation (NHC) is optimistic that its total project investment will grow to 1.0 trillion/- next year, up from 800bn/- this year due to improved infrastructure in the country.   Speaking in Dar es Salaam over the weekend during the Expo builds and auto mart exhibitions, NHC . . .

The National Directorate of Water (DNA) through the Regional Administration of Water South (ARA-Sul) has awarded a contract for the rehabilitation of the damaged bottom outlets and related works on the 48 metre high Massingir dam in the Gaza Province of Mozambique. Aurecon has been appointed to supe . . .