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Infrastructure spend needed to cushion impact of Covid-19 on construction sector

South Africa should invest heavily in infrastructure to boost construction-survey

Increased government spending on infrastructure projects will be needed to help the construction sector gain stability and eventually recover from the impact of the Covid-19 pandemic. This is the conclusion reached in a comprehensive survey commissioned by...
In South Africa new construction body formed

In South Africa new construction body formed

In South Africa, 29 construction bodies have joined forces to form an umbrella body dubbed Construction Alliance South Africa (Casa)  to better responds to industry issues. The chairperson of the new body John Matthews called...
Constructions starts on Nigeria-Niger Railway project

Constructions starts on Nigeria-Niger Railway project

Construction work has started on $1.8 Billion Nigeria-Niger Railway project following a virtual launch by Nigerian president Mugammadu Buhari. The railway line will run through the Nigerian states of Kano, Jigawa, and Katsina, and...
ACTING releases African Gas 2021 Report

ACTING releases African Gas 2021 Report

The African Coalition for Trade & Investment in Natural Gas (ACTING) is pleased to announce the release and publication of its inaugural “State of Play: African Gas” report, providing the most comprehensive resource on...
Landmark MoU to construct Egypt’s first high-speed rail system

Landmark MoU to construct Egypt’s first high-speed rail system

Egypt's National Authority for Tunnels, and Siemens Mobility have signed a Memorandum of Understanding (MoU) - together with the local companies Orascom Construction S.A.E. and The Arab Contractors (Osman Ahmed Osman & Co.) -...
Uganda-Tanzania road project to start construction

Uganda-Tanzania road project to start construction

The Uganda-Tanzania Road Project (Masaka-Mutukula-Kyaka-Bugene-Kasulo-Kumunazi) the main road that will link Uganda and Tanzania is set to begin construction soon. Funds are currently being mobilized for the project that is being funded by the African...
Plans to construct Nigeria-Morocco gas pipeline still on

Plans to construct Nigeria-Morocco gas pipeline still on

Construction of Nigeria-Morocco gas pipeline is still on, the Royal Cabinet of Morocco has revealed. Moroccan leader King Mohammed VI and Nigerian president Muhammadu Buhari, recently affirmed their commitment to the construction of the...
ARISE IIP appoints prestigious advisory board

ARISE IIP appoints prestigious advisory board

ARISE Integrated Industrial Platforms (ARISE IIP) a developer and operator of world-class industrial ecosystems across Africa, is proud to announce the launch of its newly formed strategic committee of trusted advisors. The advisory board...
Teraco concludes $166.6m funding round for data centre in South Africa

Teraco concludes $166.6m funding round for data centre in South Africa

Teraco Data Environments Proprietary Limited has finalised a $166.6 million (R2.5 billion) loan financing transaction. This follows the company’s announcement in November 2020 regarding its construction of a new 38MW hyperscale data centre in Ekurhuleni, east of...
Orezone gets funds for its Burkina Faso gold project

Orezone gets funds for its Burkina Faso’s Bomboré gold project

Orezone says it has has secured binding commitments totalling in excess of US$182 million to fully finance the construction of its shovel-ready Bomboré Gold Project (“Bomboré” or the “Project”) located in Burkina Faso, West Africa...
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