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Chinese funded buildings in Africa likely vector for spying-report

Chinese funded buildings in Africa likely vector for spying-report

A U.S.-based conservative think tank Heritage Foundation, says that Chinese funded buildings in Africa could be a likely vector for spying. In a report released...
Africa needs $20b annually to address power shortage-report

Africa needs $20b annually to address power shortage-report

Africa would need at least $20 billion per year of new energy infrastructure investment to achieve a minimal level of universal energy access across...
Bamburi Cement records 17% jump in profit before tax

Bamburi Cement records 17% jump in profit before tax

Bamburi Cement Group delivered improved profitability for the full year ended December 2019, posting a 17% jump in profit before tax to KShs 0.73...
Kenya's property market depicts resilience as Covid-19 disrupts global economies

Kenya’s property market depicts resilience as Covid-19 disrupts global economies

K enya's property market depicted resilience even as uncertainty grew towards the end of the quarter when Kenya recorded the first case of the...
Off-Grid Solar Industry Grows into a $1.75b Annual Market

Off-Grid Solar Industry Grows into a $1.75b Annual Market

The off-grid solar industry has grown into a $1.75 billion annual market, providing lighting and other energy services to 420 million users and remains...
AAK unveils information portal to ease building approval

AAK unveils information portal to ease building approval

The Architectural Association of Kenya(AAK) has unveiled a public information portal that it says will help ease building approval and spur property sector growth...
Chinese contractors dominate West Africa transport sector-report

Chinese contractors dominate West Africa transport sector-report

Chinese contractors are the most visible in the West African region with 30.7% of projects, followed by Private Domestic companies (16.0%), The Africa Construction...
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...
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