Monday, October 21, 2019
US $9m housing units are set to be constructed in Kajiado County by Kenya Pipeline Company Pension Scheme. This will be its first real estate investment of such an amount in a 101-maisonette gated community in Kitengela, Kajiado County. Scheme...
A grand Business Park and a five star hotel are set to be constructed in Malawi’s capital, Lilongwe. This was confirmed after the President Arthur Peter Mutharika recently broke ground for the project to commence. The Lilongwe Grand Business Park...
The East African Community has finally approved US $55bn towards infrastructure development in the region. The fund was approved during the fourth extra-ordinary sectoral council of Transport, Communication and Metereology (TCM) during its session in Arusha Tanzania. The main aim...
Ethiopia will continue with the construction of the Grand Ethiopian Renaissance Dam (GERD) on River Nile despite Egypt disapproval; Seleshi Bekele, the Ethiopian minister of water, electricity and irrigation has said. His remarks comes even as a ternary meeting to...
The construction of a new petroleum trading hub at the Port of Ngqura is making progess, ahead of the planned decommissioning and rehabilitation of the existing liquid bulk facilities at the neighbouring Port of Port Elizabeth. A sod-turning ceremony is...
The R61 mega road infrastructure project in the Eastern Cape has been completed the South African National Roads Agency SOC Ltd (SANRAL) announced recently. The project, which is valued at R550-million and forms part of a master plan for tourism...
With rising minimum wages in countries such as China, Thailand and Vietnam, there has been hope that parts of Asia’s low-skilled manufacturing industry would shift to African countries, and in the process create much-needed jobs. However, before the continent’s...
Nigeria has enjoyed strong economic growth rates in the last two decades, benefiting from rising oil prices and expansion of non-oil sectors. The plunge in oil prices in 2014 induced fiscal pressures and foreign currency shortages, and spilled over...
More than in many other sectors, digitalisation is set to revolutionise the logistics industry. Digital innovations have been introduced at a slower pace in the oldest and most global commercial sector than in other industries. But the now rapidly...
In sub-Saharan Africa, millions cook by burning wood and charcoal, which can lead to serious health issues. Data shows that between 490,000 to 760,000 people in the continent died due to inhaling cooking smoke in 2015. But there is a...
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