Tuesday, March 28, 2017
LADOL

LADOL Injects $400m In FPSO Vessel Fabrication, Integration Yard

The Lagos Deep Offshore Logistics (LADOL) base and Samsung Heavy Industries have injected $400 million in a vessel fabrication and integration yard in Lagos, Footprint to Africa reports. Additional $200 million will also be injected...

Cement Firm To Set Up $30m Plant In Namibia

The Cheetah Cement is on the comeback trail to the Namibian market, with plans to establish a $30 million manufacturing plant at Otjiwarongo in Erongo region. The cement factory, a partnership between Whale Rock Cement...

South African Locomotive Manufacturer Installs In Cameroon

The South African firm ‘Grindrod’ that provides locomotives for railway companies in 43 countries in Africa, has opened an office in Cameroon. According to APA, Dubbed Grindrod Rail Cameroon Limited, this representation has been operational...

Ethiopian Railway Corporation takes delivery of 315 trains

The Ethiopian Railway Corporation has taken delivery of 315 locomotives that carry passengers and freight along the Ethio-Djibouti railway. APA reports that a total of 1,171 trains are required to start full service on the...

ARM Cement Adopts New Technology To Reduce Housing Costs In Kenya

Mr Pradeep Paunrana, ARM Cement Chief Executive Officer has said the company has adopted new technology in cement production that will significantly reduce the cost of construction, Speaking at two-day construction expo organised by Totally...
Mercy Torkwase Iyortyer

Mercy Torkwase Iyortyer Emerges First Female President, Nigerian Institute Of Quantity Surveyors

A first female President, Mercy Torkwase Iyortyer (FNIQS) has emerged at the 26th biennial conference and general meeting of the Nigerian Institute of Quantity Surveyors. The five-day event which theme was “Politics, Policies and National...

South African Firm Invests $150m In Nigeria’s Retail Sector

Resilient Africa, the new investor from South Africa has commited a fresh investment in excess of USD150 million, an equivalent of N29.6 billion to the retail sector of the economy which in the past four to...

Dangote Cement To Expand Business

Managers of Dangote Cement said the company is in the process of expanding its business and employing more locals in Ghana, Footprint to Africa reports. The assurance is coming on the heels of allegations by...

Chinese Company Launches Joint Cement Venture With Local Company In Namibia

The Chinese company, Asian and African Business Management, has teamed up with a Namibian company, Whale Rock Cement, to set up a 350 million U.S. dollar cement plant. A memorandum of understanding was signed in...

AngloGold Ashanti, Randgold Agrees To Help Develop Ghana Mine

Africa's biggest gold producer AngloGold Ashanti has signed a deal with Randgold Resources to develop and mechanise its Obuasi mine in Ghana. Reuters reports that Randgold will lead and fund a development plan to rebuild...