Since the lockdown came into effect on 27th March 2020, construction sites across the South Africa have been shut. This has put pressure on companies in the industry, especially on their balance sheet. Prolonged lockdown without economic activities could potentially lead to bankruptcy.
Hence, the decision by President Cyril Ramaphosa … Read More
In a bid to diversify investment from Oil, Nigeria’s Oil rich state has recently commissioned a Cassava Processing Plant at Afam, Rivers State. The Governor, Nyesom Wike alongside other government dignitaries were at the opening ceremony.
According to Ruben Giesen, managing director of the Rivers State Cassava Processing Company, the … Read More
OKResidents are finally relief to see the Kasarani-Mwiki road repair kick-off. The road repair which is long over due was announced by Kenya Urban Roads Authority (KURA).
In January, transport was paralysed in Kasarani and Mwiki areas for four days as matatu operators protested over the poor state of the … Read More
Construction of a military base in northwestern village of Ngarr-buh see resident flee the area.
In February, troops massacred at least 13 civilians in the area as military says the base is needed to stop separatists from getting supplies in neighboring Nigeria. But, villagers fear they may once again be … Read More
Construction activities has resume on the National Housing Corporation (NHC) Morocco Square commercial tower following a recent loan-scheme restructure that helps to save at least 1.12bn/- a month.
The project which is 90% complete has so far sold 80% of residential apartments and commercial spaces at its Victoria Place and … Read More
Rob Morson, Partner, Pinsent Masons, South Africa speaks on the likely impact on JV transactions due to the Corona Virus Pandemic. According to him, joint ventures parties are sometimes motivated more by the desire to secure a contract than the object of delivering it. Far too often joint ventures are … Read More
The construction of Zed Sheikh Zayed mega project in Egypt is making progress after a contractor was appointed.
The contractor Orascom Construction will be tasked to build the first phase of the mega project after WATG International finished completion of the master plan and architectural design work.
According to the … Read More
The long awaited construction of Busega-Mpigi expressway has finally kick-off much to the delight of Mpigi Town Council.
Construction of the expressway will help ease traffic flow on the Kampala-Masaka highway. The four -lane, dual carriage 23.7 km expressway will stretch from Busega in Kampala to Kalagala Village.
According to … Read More
Nigeria Government say the novel virus is seriously affecting the completion of the railway project across the nation.
Speaking to the Media, Minister of Transportation, Rotimi Amaechi, has expressed worry due to the slow pace of the project.
Ameachi says if not for the shutdown, passengers could move from Lagos … Read More
Solomon Asamoah, CEO, Ghana Infrastructure Investment Fund will be speaking during the FIDIC COVID-19 Webinar Series – on “Clients, investors and developers’ perspectives on the fragility of the construction and infrastructure sector”. Mr Solomon Asamoah is a seasoned professional in Africa’s Infrastructure investment space.
VENUE: Zoom Webinar
DATE: May … Read More
The novel virus around the world has affected so many lives making South Africa having serious water supply problem across the nation.
Over the last three months, water tanks had been distributed to different areas to help resident have good drinking water but more still need to be done.
In … Read More
The construction of Manga stadium in Kenya is still underdeveloped after incurring so many cost.
So far the project which kick-off in 2014 has seen no decent progress with some Sh109 million been pumped into the stadium construction.
Six years later, only a fence and a foundation stone for the … Read More
Over the past decade, Chinese government has invested heavily into the African economy. Construction of several projects across the continent has made China a force to reckon within Africa compare to the US and other G4 nations.
Meanwhile, Some experts has calls for the nation to cut its links with … Read More
The continue war over the 145-metre-high, 1.8-kilometre-long Grand Ethiopian Renaissance Dam (GERD) between Ethiopia and Egypt is set to continue with both parties still yet to agree on technical term as Sudan is cut in the middle.
When completed, the Dam will become the largest hydropower plant in Africa. With … Read More
Tanzania Zambia Mafuta (Tazama) is seeking for funds to upgrade its pipeline diameter to 12 inches. The fund in question for the upgrade is proposed to be US$400million.
Speaking to media, Tazama’s Tanzania Regional Manager, Abraham Saunyama said “What we want is to make the whole pipeline from Dar to … Read More
As the coronavirus keeps on spreading, Rwanda Government has began plans to upgrade the airport. The new upgrade will see the airport increase its aircraft parking capacity, arrival terminal and the runway strip.
Managing Director of Rwanda Airports Company (RAC), Firmin Karambizi said “We are expanding the aircraft parking capacity … Read More
The construction of Dandora stadium which is nearly completed is now on hold. The project is undergoing Ethics and Anti-Corruption (EACC) probe process after officials allegedly stop the work as they identify sub-standard materials been used in the construction.
These halt to construction activities has further delayed the launch date … Read More
Lagos state government in Nigeria has announced plans to repair the marina beach bridge. Speaking during a statement by the Commissioner for Transportation, Dr. Frederic Oladeinde, he said the repair works by the Federal Ministry of Works, is long overdue and vital for the safety of residents, especially motorists that … Read More
Plans has been announced by the Municipal Chief Executive (MCE) to construct a total of 142 stores at Ho market in Ghana.
Speaking to the media, Municipal Chief Executive (MCE) of Ho, Prosper Pi-Bansa said the construction which will be in two separate project will commence simultaneously in three weeks, … Read More
The construction of Kiambu-Ruaka water supply has kick-off in Kenya. The project will benefit over 100,000 residents of Ruaka and Kiambu town with improved supply of clean drinking water and sanitation services.
The Africa Development Bank is funding the project which will be under the Kenya Towns Sustainable Water Supply … Read More