Market News

The total number of projects in East Africa has risen by a substantial 96% between 2017 and 2018 with an equally substantial increase of 167% in the total US dollar value of projects, a new report has shown. The Africa Construction Trends (2018) by consultancy firm Deloitte, reveals that East Afr . . .

More than 806 acres of land has been set aside for construction of new industries by the government of Tanzania in the country's northern city Arusha. Construction is set to take place on the southern fringes of the 272 square-kilometer metropolitan area. As per the Arusha 2035 Master Plan prepar . . .

Investment opportunities in infrastructure construction is set to expand at a rapid pace in East Africa. According to GlobalData, total infrastructure construction output is expected to soar from US$25.9bn in 2017 to US$98.8bn in 2022 in the three largest markets in the region, Ethiopia, Kenya and T . . .

 Hon'ble William Vangimembe Lukuvi, Minister for Lands, Housing and Human Settlement Development will inaugurate the 21st Buildexpo 2018 on the 1st of November 2018. The biggest brand of construction events in Africa, BUILDEXPO is featuring exhibitors from more than 30 countries. Reputed to be . . .

Recent economic research and forecasts have found that investments in East African infrastructure construction are set to expand rapidly. Total infrastructure construction output in the region’s largest markets of Rwanda, Ethiopia, Kenya, and Tanzania, is expected to grow from USD 25.9 billion . . .