Iran seeks ways to boost construction material export to Africa
Iran’s Trade Promotion Organization (TPO) will hold a meeting on October 3 for investigating the ways for boosting the exports of constructional materials and equipment to the African countries, an official with the organization...
Uganda, Tanzania sign US$3.5b crude oil pipeline deal
Construction of a mega crude oil pipeline project in east Africa is set to commence in earnest following the signing of an agreement Sunday for work to begin.
The deal was signed by Uganda...
South Africa’s construction sector suffers worst quarterly slide
Following the release of construction output data for South Africa by Statistics South Africa, which revealed a sharp decline in output;
Yasmine Ghozzi, Economist at GlobalData, a leading data and analytics company, offers her view...
South Africa’s Pampoennek road opened to the public
Transport Minister Fikile Mbalula says the country’s national road network is an important catalyst for unlocking economic activities on the platinum highway between Gauteng and North West provinces, as well as between South Africa...
Sanral exudes confidence on N2 Wild Coast road project
The South African National Roads Agency (SANRAL) says it is is making steady progress in developing the multi-billion-rand N2 Wild Coast Road construction project.
The road will serve as a crucial economic artery, bringing significant...
Akon City:Inside $6 billion real-life Wakada in Senegal
Construction has been launched on a futuristic city in western Senegal which its owner Pop icon Akon says will be real-life Wakada, a fictional country appearing in American comic books published by Marvel Comics.
Dubbed...
World Bank boosts projects in Kenya with $750m loan
The World Bank Board of Directors has approved $750 million in International Development Association (IDA) to boost projects in Kenya.
The funds will help enhance movement of people and goods, digital connectivity and access to...
Exiting South African construction sector saved us: Murray & Roberts
One of South Africa's most identifiable contractor Murray & Roberts has said is it now focusing on better days ahead after exiting the construction sector in 2016.
CEO Henry Laas says that they have been...
Namaacha wind project in Mozambique starts construction
Construction of the first wind power farm in southern Mozambique has started in earnest. Namaacha wind project is expected to be the first IPP wind project operational in the Mozambique.
Located in an area...
Swedfund invests $12m in the SET Fund
Swedfund, the Swedish development finance institution, has committed $12m to SunFunder’s Solar Energy Transformation (SET) Fund.
The investment will contribute to increased access to electricity and the increased generation of renewable energy in emerging...
