Market News

Canadian solar firm SkyPower has announced plans to invest  US$ 4.4bn in a bid to boost solar market in Kenya over the next five years. The funds will be used in the installation of 1GW of solar power capacity in the country and distribute 2 million home solar power kits as well as install m . . .

 Barrow Properties broke ground for construction work on the second phase of Waverley office park in South Africa measuring 3 351m² and 2 123m2. This will create a rentable area of 5 742m² with completion expected for June 2016. According to the MD of Barrow Properties, Paul Barrow,W . . .

The government of Uganda has announced that it was embarking on a road maintenance programme to boost transport. Public roads in Uganda according to the government need a face lift. The maintenance of public roads in Uganda will cost a whopping US$ 26m. Michael Odongo, the executive director o . . .

Anglo American Platinum (Amplats) recently unveiled its 5MW cogeneration power plant in South Africa worth US $10.63m located at its Waterval Smelting Complex in Rustenburg. The cogeneration power plant in South Africa was commissioned by project developer Vuselela Energy and Equity provider H1 h . . .

Infrastructure construction in Egypt is set to improve as the World Bank head Jim Yong Kim expressed his support in various ongoing and upcoming projects. In a meeting with Egyptian president Abdel-Fattah El-Sisi over the weekend in New York the World Bank boss said Egypt has a great potential in . . .