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Masdar to develop 5 GW of renewable energy projects in Africa

Masdar to develop 5 GW of renewable energy projects in Africa

Masdar has demonstrated its commitment to helping African nations in their clean energy transition by signing agreements at Abu Dhabi Sustainability Week (ADSW) 2023 with three countries – Angola, Uganda and Zambia – to...
Black contractors in South Africa wants more share in huge projects

Black contractors in South Africa want more share in huge projects

B lack contractors in South Africa have decried low black ownership of the property sector in the country which they says currently stands at 7%. South African Institute of Black Property Practitioners(SAIBPP) Chief executive Tholo Makhaola...
Absorption of office space decreased by 47% in 2020-report

Absorption of office space in Kenya decreased by 47% in 2020-report

The residential sector remained a buyers’ market in 2020, as prime residential rents declined sharply by 10.25%, compared to 2.8% in 2019, according to Knight Frank’s Kenya Market Update for the second half of...
Nile bridge construction in Uganda gets financial boost

Nile bridge construction in Uganda gets financial boost

Uganda has received green light to borrow funds from Japanese and European banks to complete work on Nile bridge. The country's Parliament has approved government borrowing of up to Sh459 billion to go towards the project. The new...
Ghana begins construction of US$30m cement factory

Ghana begins construction of US$30m cement factory

Ghana has kicked off construction of a US$30m cement factory that is being financed by Iran. Completion of the cement plant is set for 2019. According to officials intimate with the project, Iran will be...
Construction projects in Africa decline as pandemic takes its toll

Construction projects in Africa decline as Covid-19 takes its toll

On a year-on-year basis, the total number of construction projects in Africa in 2020 declined by 14.8%, while the total value of projects dropped by 19.8%., a new report has shown. Deloitte’s 2020 edition of...
Karuma Dam construction headed for completion says contractor

Karuma Dam construction headed for completion says contractor

Karuma Dam construction which has been slowed by the Covid-19pandemic is now nearing completion, the project's contractor has announced. Deng Changyi, project manager of Sinohydro Corporation Ltd the Chinese company developing the dam says it...
USD 49.8b worth of construction underway in Morocco

USD 49.8b worth of construction underway in Morocco

In Brief There are over 200 active construction projects in Morocco with a combined estimated value of USD 49.8 billion, according to the BNC Network for The Big 5 Construct North Africa 2018. The...
Uganda,Tanzania mulls electric railway line

Uganda,Tanzania mulls electric railway line

In summary Uganda and Tanzania will largely bank on mega energy projects to realize electric railway line Energy issues appear to have hampered Kenya's plan to construct an electric railway line Uganda's current peak...

South African mines go silent as coronavirus lockdown begins

South Africa goes on total lockdown from Thursday midnight in what authorities believe will be a major step forward in curbing the new coronavirus pandemic after witnessing a jump in the number of people...

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