Market News
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Water projects under Tanga UWASA undergo major upgrade
Posted on :Wednesday , 22nd August 2018
In a significant development a contract between the Tanga Urban Water and Sanitation Authority (Tanga Uwasa) and Juin Company Ltd. for the rehabilitation of the Lushoto Town water infrastructure to ease water supply was signed. The project, is aimed at easing the supply of water in the district, and will be constructed to the tune of US $341,000 and is expected to take 8 months to be complete.<. . .
BASF and Mitsubishi boost local presence in East Africa and ignite market competition
Posted on :Wednesday , 22nd August 2018
In a significant indication of the investment potential of Tanzania, he world’s largest chemical company, BASF Group opened a new office in Dar es Salaam to support planned growth within the country.
BASF sources explained during the opening that their presence in the country will allow them to respond to challenges arising from the competitive conditions in the market, while also. . .
Warehouse construction is the next big target
Posted on :Tuesday , 13th March 2018
Developers are currently targeting the warehouse industry in Kenya and somehow moving away from the crowded construction of residential, retail and office space.
With the construction industry in Kenya witnessing a boom in the residential, retail and office space, developers are currently targeting the warehouse industry as a new avenue to expand.Tilisi Developments L. . .
Rwanda and Tanzania agree on joint construction of the SGR from Isaka to Kigali
Posted on :Monday , 5th February 2018
In a meeting of finance ministers from Rwanda and Tanzania on Monday in Dar es Salaam, Tanzania, consideration was given the finance matters regarding accomplishment of the two countries’ US $2.5bn joint 521 km Isaka-Kigali SGR (Standard Gauge Railway) project.
Amb. Claver Gatete, the Rwandan Minister for Finance and Economic Planning, and his dele. . .CONSTRUCTION WORK IN FULL SWING THE TALLEST BUILDING IN AFRICA
Posted on :Saturday , 20th January 2018
'The Pinnacle’ in Nairobi, Kenya, with a height of 300m is on track to become the tallest skyscraper in Africa, easily exceeding South Africa’s 223m Carlton Centre. With the foundation stone laid by Kenyan President Uhuru Kenyatta, construction has begun on the mega structure.
Located in Nairobi’s vibrant financial hub called Upper Hill and situated at a distance of . . .Please Select an Option
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