Market News

 Top firms in India are now seeking an opportunity to be involved in the construction of new capital in Egypt after Egyptian Minister of Housing, Moustafa Madbouli, met with representatives of top Indian construction companies to look for ways they can be involved  in the construction of . . .

 Presidents Uhuru Kenyatta and his Tanzania counterpart Jakaya Kikwete have heaped praise on the ongoing construction of 90KM Mwatate-Taveta road.   The two leaders said the road is in the East African Community programme of the developing missing links along the regional infrastructure . . .

Tanzania begins the construction of largest port in East AfricaTanzania has begun the construction of what it says will be the largest port in East Africa at a cost of about $11bn. Backed by China Merchants Holdings International and Oman’s State Government Reserve Fund, the project is expecte . . .

Construction firm Dorra Group has announced plans to construct 10,000 residential houses in Egypt in a bid to tackle the current  demand for housing in the country. Managing director Omar Dorra said they intend to target the youth in their housing projectl. He said that they recently subm . . .

 President Uhuru Kenyatta has called for closer partnerships between governments, regional and international investors to bridge financing gaps in infrastructure development.   President Kenyatta said governments cannot single-handedly invest in every infrastructure needed in the entire . . .