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Top Chinese construction firm enters Zimbabwe

Top Chinese construction firm enters Zimbabwe

Leading Chinese construction firm China Communications Construction Company (CCCC) will set base in Zimbabwe in the coming months in what president Emmerson Mnangagwa describes as efforts to boost infrastructure in the country. "Zimbabwe's infrastructure is 18...
Africa performs poorly on Global Competitiveness Index

Africa performs poorly on Global Competitiveness Index

Sub Saharan Africa 2017-2018 World Economic Forum Global Competitiveness Index (WEF GCI) shows a largely stagnant block compared to 2016-2017 results, latest survey that analyzed 137 economies has revealed. While a little ground was gained...
Low cost housing in Kenya gets financial stimulus

Low cost housing in Kenya gets financial stimulus

Plans to provide 500,000 low cost housing in Kenya in five years has moved a notch higher after the government announced that it will set up a mortgage refinancing company. Kenya Mortgage Refinancing Company( KMRC) will help...
Shelter Afrique appoints a new board chairman of the 120th board

Shelter Afrique appoints a new board chairman of the 11th board

Shelter Afrique the Pan-African Housing Financier dealing exclusively with the promotion of affordable housing has appointed a new Board Chairman. Mr Daniel Nghidinua of Namibia replaces Mr Jean Paul Missi of Cameroon, who remains...
Construction of Hoima-Tanga crude oil pipeline begins in earnest

Construction of Hoima-Tanga crude oil pipeline begins

Construction of a crude oil pipeline from Hoima district in Uganda to the Indian Ocean Tanzanian Port of Tanga has kicked off in earnest. The Hoima-Tanga crude oil pipeline has been in the offing...
Kenya signs contract for Lamu-Isiolo road construction

Kenya signs contract for Ksh62b Lamu-Isiolo road construction

Kenya has embarked on the construction of Lamu-Isiolo road at a cost of Ksh62 billion.It follows the signing of a contract between the country's road agency KeNHA and  South Africa's construction firm Group Five...
Africa urged to address infrastructure deficit to boost trade

Africa urged to address infrastructure deficit to boost trade

African countries are being urged to tackle their infrastructure deficit to promote economic growth through industrial development. Speaking at the 10th Session of the Committee on Regional Cooperation and Integration (CRCI,  Executive Secretary of the...
Bechtel Opens Africa Regional Office in Kenya

Bechtel Opens Africa Regional Office in Kenya

Bechtel, a global leader in engineering, procurement, and construction, today announced the opening of a regional Africa office in Nairobi, Kenya. This regional office reflects the company’s commitment to supporting Africa’s economic growth. “Our new...
South Africa suspends contentious mining charter

South Africa suspends contentious mining charter

In brief Charter required mining companies to increase its black ownership to 30 percent South African Chamber of Mines says new charter was published without the consultation of all stakeholders, including labour and the...
Gold miner B2Gold opens Otjikoto Solar Farm in Namibia

Gold miner B2Gold opens Otjikoto Solar Farm in Namibia

Gold miner B2Gold has inaugurated a major solar farm at its Otjikoto mine in Namibia in what energy minister Tom Alweendo calls "yet another significant contribution in the private sector’s drive for sustainable energy solutions." The 7MW Otjikoto...
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