Market News

Tatu City has sealed a Sh400 million deal with international infrastructure firm Sinohydro to lay out basic infrastructure that will supplement the first phase of the project.   The Chinese engineering firm will set up infrastructure for water, sewerage and temporary road works for Tatu City' . . .

The fate of Kudu Power construction Project in Namibia will be known in mid 2016, Managing Director of National Petroleum Corporation of Namibia (Namcor), Immanuel Mulunga has announced. Since the stalling of the project, cost has doubled up to about US $2.3bn and it will entail the transfer of g . . .

The newly constructed 55MW solar power project in Tanzania has been commissioned. The project was launched at University of Dodoma (UDOM) in Tanzania with an in tension of making the institution  one of Africa’s leading universities using renewable energy. The project which is done in . . .

 Association of Building and Civil Engineering Contractors (ABCEC) has expressed optimism that the construction industry in Zambia is poised for expansion following the allocation US$1.4m towards infrastructure development in the 2016 budget.   ABCEC president Michael Nyirenda said the p . . .

The National Construction Authority has established 11 satellite offices countrywide to effectively deliver services.   NCA executive director Daniel Manduku said the regional offices will ease pressure in the Nairobi office.   The new offices are in Mombasa, Nakuru, Kisumu, Eldoret, K . . .