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Egypt soars high with mega real estate construction projects

Egypt soars high with mega real estate construction projects

Egypt has the most Real Estate projects under construction in North Africa with 18 projects,the most prominent project being Egypt’s Oasis Mega Urban Development...
Number of construction projects in Southern Africa declined in 2019

Number of construction projects in Southern Africa declined in 2019

The total number of projects in Southern Africa declined by 10.7%in 2019, down from 103 in 2018. In value terms, construction projects declined by...
Tanzania now catches up with Kenya in infrastructure projects

Tanzania now catches up with Kenya in infrastructure projects

Tanzania is now at per with Kenya in terms of infrastructure projects, both recording 51 projects in 2019, a new report has revealed. The Africa...
Construction activity in Sub Saharan Africa set to grow-report

Construction activity in Sub Saharan Africa set to grow-report

Mace’s latest cost update for Sub-Saharan Africa reports that construction activity in the region will grow at an average rate of 7% over the...
World Energy Outlook 2019 highlights deep disparities in the global energy system

World Energy Outlook 2019 highlights deep disparities in the global energy system

Deep disparities define today’s energy world. The dissonance between well-supplied oil markets and growing geopolitical tensions and uncertainties. The gap between the ever-higher amounts...
Komatsu first half N.A. sales flat

Komatsu first half N.A. sales flat

Komatsu Ltd. sales for the first half of its fiscal year fell 7.9 percent compared to the same period last year, to 1.2 trillion...
Stimulus needed for South Africa’s construction industry

Stimulus needed for South Africa’s construction industry-report

A surge in demand from the mining segment has been responsible for significant equipment sales in South Africa over the last two years. However,...
South Africa records highest unemployment rate in modern times

South Africa records highest unemployment rate in modern times

S outh Africa's unemployment rate spiked to 29% from 27.6% in the first quarter, the highest level since 2008, a government report has shown. The report...
South African construction industry continue to struggle, survey

South African construction industry continue to struggle, survey

South African construction industry continues to struggle amid tough economic conditions, a new report from Construction Industry Development Board (CIDB) has shown. Building confidence ticked down...
Carbon emissions grew 2 percent in 2018-BP report

Carbon emissions grew 2 percent in 2018-BP report

The headline numbers are the rapid growth in energy demand and carbon emissions. Global primary energy grew by 2.9% in 2018 – the fastest...
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