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South Africa: unlisted funds could soon enjoy REIT status

Oct 19, 2015Mar 3, 2015 by Robert Barnes
Estienne de Klerk SA REIT

South Africa’s commercial real estate sector welcomed the announcement by Minister of Finance Nhlanhla Nene in his budget speech yesterday that National Treasury is supporting, … Read more

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Egypt to provide US$26.6m for construction of dams in South Sudan

Oct 19, 2015Mar 4, 2015 by Robert Barnes
Merowe Dam Sudan

Egyptian government has set aside US$26.6m to help South Sudan in building a hydro electricity power generation dams. The first initiative towards this will be … Read more

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Africa needs US$90bn annually for infrastructure

Oct 19, 2015Mar 6, 2015 by Robert Barnes
Africa roads

Road infrastructure development in Africa will require US$90 billion annually for better development in the next decade in order to sustain economic growth and development … Read more

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Kenya needs US$2.2b yearly to develop infrastructure

Oct 19, 2015Mar 5, 2015 by Robert Barnes
Kenya Superhiway road construction

Kenya requires approximately US$ 2.2billion to fill infrastructural development financing deficits, Johannes Zutt, World Bank Country Director for Kenya has said. The country spends about … Read more

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South African National Roads Agency halts construction of tolled highways

Oct 17, 2015 by bonface
South African National Roads Agency halts construction of tolled highways

South African National Roads Agency (Sanral) has announced that it was halting the construction of Gauteng’s freeways with more electronic tolls due to funding issues. … Read more

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World Bank projects economic growth for Kenya mainly driven by construction industry

Oct 16, 2015Oct 16, 2015 by Antony kiganda
World Bank projects economic growth for Kenya

A new World Bank report has painted a favourable economic growth for Kenya with the economy expected to grow at 5.4 percent in 2015, an … Read more

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