News

News

AfDB to fund construction of US$ 612m new terminal in Kenya’s largest airport

The African Development Bank (AfDB) has been selected as the lead financier of the US$612million new airport terminal at the Jomo Kenyatta International Airport...

Lafarge Nigeria to take control of United Cement

Lafarge has come into agreement with Flour Mills of Nigeria to take up 30% stake in United Cement Company, a cement manufacturer in the...

Bua to set up US$500m cement plant in Nigeria

Bua Group International is planning to invest in a new cement plant that will be expected to have 3Mt/yr of production capacity. The new...

US$517m Kenya-Ethiopia highway scheduled for completion in 2015

The road linking Kenya and Ethiopia is scheduled for completion by next year. The 505 KM Isiolo-Marsabit-Moyale road is now 60% complete and construction...

Chinese consortium to operate and maintain Ethiopia light rail system

Ethiopian Railways Corporation (ERC) has selected a consortium of China Railway Engineering Corporation (CREC) and Shenzhen Metro Group to handle the operation and maintenance...

GPHA signs MoU for expansion of Tema Port in Ghana

The Ghana Ports and Habour Authority (GPHA) has signed a Memorandum of Understanding (MoU) with the Meridian Ports Services (MPS), one of the top...