Market News

 Egypt banks on president Xi Jinping’s visit later this month to boost its infrastructure network seen as a key driver of the economy. A number of agreements that will align the economic interests and development goals of China and Egypt are expected to be signed when Mr Jinping visits Ca . . .

 Dangote Group now plans to construct a cement  manufacturing plant in Zimbabwe chief strategist, Dr Abdu Mukhtar,has said. He added that they now feel comfortable and are excited about venturing in Zimbabwe.   Dr Mukhtar said was satisfied with the preliminary work and was ready to . . .

 Limak Cement Group, a Turkey based Cement Company has issued an acquisition request of cement operations and supply in Africa. The company has expressed its interest in some of the African countries such as Mozambique and Ivory Coast.   Among other major players in Africa cement market . . .

 Makerere University in Uganda which is among the oldest institutions of higher learning in the country has started constructing the proposed US$ 12.4m buildings which will help curb the teaching space shortage at the university.   The project which is being undertaken by Excel Construct . . .

Ethiopia is seeking to modernize its construction sector by adopting technology. The country’s Ministry of Construction says it has embarked on a preparation plan to modernize Construction sector in Ethiopia in the GTP II period.   The planning stage involves heads of regional bureaus a . . .