Market News

 Investment holding firm Zambia Consolidated Copper Mines (ZCCM-IH) is set to construct a cement plant in Zambia,Chief Executivve Officer of ZCCM-IH, Pius Kasolo has said. The plant will be set up at Ndola Lime on the Copperbelt with an initial investment worth $600 million.   Mr Pius Ka . . .

 The commencement of the construction on Konza Techno City in Kenya  is laying a solid foundation for the future of Nairobi city and boosting its image as well.   According to a report; The 2016 Jones Lang LaSalle (JLL) City Momentum Index (CMI) Nairobi is currently ranked position . . .

 Electricity shortages in Nigeria could be a thing of the past following plans to construct an independent power scheme regarded one of its kind. Equity funders in collaboration with 20 international banks have committed US$900m towards the Azura Power construction  Project in Nigeria.The . . .

 Algeria’s Transport Ministry, China State Construction Engineering Corporation (CSCEC) and China Harbour Engineering Company (CHEC) have signed an agreement to construct a mega sea port in Algeria.   The US$3.3bn project will be constructed on the new center transshipment port of . . .

 Infrastructure in Gabon has received a shot in the arm after the World Bank extended a $100 million loan aimed at boosting infrastructure in the country.   The approved loan is the second phase of the Infrastructure and Local Development project. The project aims to improve access to ur . . .