Tuesday, March 28, 2017

Nigeria signs MoU for Warri-Abuja rail project with Chinese Firm

Nigeria's Minister of Transportation, Mr Rotimi Amaechi, on Friday in Abuja signed a Memorandum of Understanding (MoU) with China Railway Construction Corporation (CRCC) on the completion of Warri-Ajaokuta-Itakpe-Baro-Abuja railway line. Chen Xiao Xing, Vice President...
Railway

Indian Exim Bank Supports Ghana’s Railway Construction

Ghana has secured financial support from the Indian Exim Bank to construct a railway line from Tema port to Akosombo. The railway line will link northern parts of Ghana through the Volta Lake transport...
InstinctWave

InstinctWave plans Awards for Innovators in Ghana’s Construction Sector

Leading construction sector innovators in Ghana are set to be recognised for their roles in bringing growth to the sector at an awards event at the Kempinski Gold Coast Hotel in Accra on the...
Cement

Competition Laws in Cement Sector Can Save African Consumers $2.5billion Annually – World Bank

The World Bank has called on African countries to make policies that would strengthen competition in key consumer segments of the economy, in order to alleviate poverty and entrench accelerated growth. Boosting competition in consumer markets and...
Infrastructure

Chinese Company Wins Contract for Expansion of Kenyan Road

The Kenya National Highway Authority (KeNHA) has awarded China Wu Yi the contract for the upgrade of a section of the Nairobi-Nakuru highway. The 25 kilometre stretch from the James Gichuru Road junction to the...
Railway

Kenya Railway Scheduled For Early Completion

The construction of the Sh327 billion standard gauge railway  be completed earlier than expected. Transport Principal Secretary Irungu Nyakera said the work is set for completion in March 2017, and not May next year, as...
Infrastructure

AfDB Lends $245 Million to Uganda and Rwanda for Cross-Border Infrastructures

African Development Bank (AfDB) announced in a statement published on June 22 it has granted Uganda and Rwanda a total of $245 million in loans to finance road infrastructures which aim to facilitate trade in...
Eskom

Chinese Firms Participate in Ghanaian Hydro Power and Building Events

The 2016 Water Africa and West Africa Building and Construction exhibition kicked off in Accra on Wednesday. The three-day exhibition is aimed at creating a two-way flow of information for visitors and participants. This will help...
Infrastructure

Construction On Highway Projects Commence In Zimbabwe

Dualisation of the $2 billion Beitbridge-Harare and Harare-Chirundu highways has reached take-off stage, with government inter-ministerial committee expected to meet financiers of the project this week to finalise implementation modalities. The road is a strategic...
Brexit

American Pecora Capital to Raise $2bn for Infrastructure Projects in Nigeria

American assets manager Pecora Capital plans to establish a $2 billion fund which will solely be dedicated to infrastructure projects in Nigeria, Reuters reported on June 14, citing one of the firm’s official. This is a rare show...