Ghana begins construction of US$30m cement factory
Ghana has kicked off construction of a US$30m cement factory that is being financed by Iran. Completion of the cement plant is set for 2019.
According to officials intimate with the project, Iran will be...
UK firm buys stake in Kenya’s quantity surveying firm YMR
A UK-based global construction and consultancy firm Mace, has acquired a major stake of East African quantity surveying company YMR.
Mace’s chief operating officer for consultancy Jason Millett says the move is aimed at strengthening ...
Kenya to export crude oil in 2018-Tullow Oil
Oil exploration firm Tullow Oil now says that the export of crude produced in Turkana County to international market has been set for 2018.
Initial plan was to have Kenya ship out the first barrel...
Tema-Akosombo rail project starts December
Construction of the Tema-Akosombo rail project in Ghana is set to start in December this year, Fredmef Group Limited, a building and civil-electromechanical engineering company spearheading the project has said.
The company will be working...
AfDB revitalizes affordable housing in Zambia
The Zambia National Building Society (ZNBS) has received US$ 25 million from the African Development Bank Group (AfDB) aimed at enhancing affordable housing in Zambia.
A statement from AfDB sad that the loan is aimed...
Kenya bets on technology to build a million houses
Kenya plans to construct 1 million houses in the next five years to curb the existing deficit, Transport and Housing Cabinet Secretary James Macharia has said.
As part of this plan, the government intends...
China partners with Morocco to construct Africa’s tallest tower
Chinese News Agency Xinhua has reported that Construction firms from China and Morocco will form a a joint venture to construct Africa's tallest tower in Morocco's capital Rabat.
The joint venture will be set up...
Sika acquires US firm Butterfield Color as part of expansion plan
Chemical giant Sika has acquired Butterfield Color, Inc. a US-based market leader in the production of decorative concrete floor products and systems.
The firm said that the acquisition will accelerate Sika's growth by bringing the...
Botswana coal mine construction stalls over compensation issues
A compensation dispute is causing delays to the construction of a coal mine in Botswana a statement from Morupule Coal Mine the developer of the project has said. The Botswana coal mine project has...
Tanga Cement announces net loss amid stiff competition
A major cement maker in Tanzania Tanga Cement has announced a half year net loss and consequently declared no dividend to shareholders, Daily News has reported.
The firm, trading at Dar es Salaam Stock Exchange...
