Market News

 Africa’s largest solar carport in Kenya constructed by Solarcentury is set to be opened at the newly constructed Garden City mall. The move is set to cut carbon emissions by around 745 tonnes annually.   Solarcentury said that the constructed solar carport in Kenya will use the du . . .

Construction of power plants in Egypt has received a boost following the signing of a deal worth $243 million with Japan International Cooperation Agency.   The funds which will be channeled to Egyptian electricity companies are  aimed at enhancing the country’s troubled electricit . . .

 China Civil Engineering Corporation (CCECC) has concluded a US$246mn deal with Ethiopia’s Industrial Parks Development Corporation (IPDC) for the construction of the Hawassa Industrial Park   Ethiopian firm MH Engineering has been appointed as a consultant on the project, which wi . . .

 Sino Cement Zimbabwe is setting up a brick and tile manufacturing unit in Gweru, Zimbabwe at the cost of US$20mn Brick Factory - adam fletcher - Wikipedia CommonsThe unit will create about 200 local jobs and manufacture about 60mn bricks annually.  The cement producing company is a subs . . .

 Uganda’s property market has continued to show signs of recovery in the retail and office sectors, amid concerns over high interest rates and volatility of the shilling.   Retail performance, according to crane management services, remained vibrant during the first half of the yea . . .