Market News

Lagos — Dangote Cement Plc is deepening its pan African expansion drive with the commencement of construction of a new 3-million metric ton per annum capacity cement grinding plant in Cote d'Ivoire.   The new project is coming just as the company announced the ground breaking of a new 6 . . .

Securing and improving on Nigeria's infrastructure stock through prioritized investments, has again been listed as the pathway to the nation's long-term success and economic revival.   Besides, a new report by The Boston Consulting Group (BCG), said the nation's stock of wealth and assessed p . . .

Kenya has signed seven memorandums of understanding that will see the country receive upto 250 million euros (Sh28.8 billion).   The agreements were signed after President Uhuru Kenyatta met his French counterpart Francois Hollande for bilateral agreements.   The financing are a culmin . . .

Kenya will start building a new offshore crude oil and refined fuel jetty in October.   The jetty is expected to increase efficiency in delivery of imported refined fuel for Kenya's domestic use and export to Uganda, Rwanda, Burundi and eastern Democratic Republic of Congo.   The Kenya . . .

Lagos State Governor Akinwunmi Ambode has pledged to complete the $1.7 billion Lekki Seaport in 2019, saying upon completion, it would be the deepest seaport in sub-Saharan Africa.   The governor, who reeled out the numerous investment opportunities that abound in the state to prospective inv . . .