Market News
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Louis Berger to oversee Yaounde-Douala highway segment construction in Cameroon
Posted on :Monday , 18th August 2014
Louis Berger, a $1 billion global professional services corporation, has recently signed a five-year project management contract financed by local funds for the construction of the first segment of the Yaoundé-Douala highway in Cameroon. The total construction value of the project is almost €7million.
The road segment will connect Cameroon’s government and. . .
US$ 285m limestone mining plant to be set up in Kenya
Posted on :Friday , 15th August 2014
Kenya’s Athi River Mining Company (ARM) has been given the go-ahead to set up a US$ 285m limestone mining plant in Ngaie, Kyuso district.
Minerals executive George Mulatya was pleased when confirming the reports and he said the cement firm is expected to set up a clinker and cement manufacturing plant which will in return create 7,000 jobs and give the G. . .
Fiber cement and steel structure will make housing cheaper in East Africa
Posted on :Friday , 15th August 2014
Technological revolutions could make building cheaper with introduction of Fiber Cement siding, a building material that is used to cover exterior of a building in both commercial and domestic housing applications. Fiber Cement is made of sand, cement and Cellulose fibers.
Fiber cement is manufactured in sheet form or horizontal boards. The product is nailed onto pl. . .
Kenya: Bank, Shanzu TTC to Build Sh28 Million Hostel
Posted on :Wednesday , 13th August 2014
FINANCIAL institutions should partner with tertiary ones and county governments to spur development, Kisauni MP Rashid Bedzimba has said.
New Bugesera International Airport, Rwanda among projects that need US$1bn
Posted on :Wednesday , 13th August 2014
The Government of Rwanda is planning to borrow US$1bn to fund various infrastructure projects in the country next year. The most pressing of the development projects on line is the construction of Bugesera International Airport and power plants.
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