Construction

[ad_1] Kenya’s housing ministry has awarded Vietnam’s Hoa Binh Construction Group five social housing contracts worth a total US$72 million. The contracts involve the design and construction of a combined 3,400 housing units for the police force, military and technical university

[ad_1] The Bugesera Special Economic Zone (BSEZ) under construction in eastern Rwanda has reached 61% occupancy for its first phase of development, according to the project’s environmental and social impact assessment (ESIA) report published on 1 March. The zone is being

[ad_1] The City of Cape Town government in South Africa presented its latest Infrastructure Report during the Sustainable Infrastructure Development Symposium held in the city on 17-19 March. The event focused on South Africa brought together key stakeholders from across

[ad_1] The IFC and Proparco have approved a combined loan of US$22 million to the Kasada Hospitality Fund to expand the Crowne Plaza hotel in the Upper Hill neighbourhood of Kenya’s capital city Nairobi. Kasada will use the financing to refurbish,

[ad_1] The UK's Octopus Energy Generation has signed a partnership agreement with Sherbro Alliance Partners (SAP) to develop a wind farm in Sierra Leone as part of the Sherbro Island City project. The deal was announced at the COP28 climate summit, which

[ad_1] French development agency Proparco and South Africa’s 27four Investment Managers have teamed up to invest Rand 550 million (US$28.9 million) in South Africa’s Divercity Urban Property Group alongside reinvestment from the group’s existing shareholders.  Divercity is an investment platform focused

[ad_1] The IFC is mulling a US$100 million loan package for the development and operation of solar power in the Dawa Industrial Zone and Meridian Industrial Park in Ghana’s Greater Accra region. The loan would be for Solar For Industries (SFI), a subsidiary

[ad_1] France's Meridiam is managing a major coastline redevelopment project in Nouakchott, Mauritania. The project, which will be developed in phases between 2023 and 2027, was showcased at the COP28 climate conference in Dubai. The Nouakchott Coastline Development Project aims to protect

[ad_1] South African logistics firm Grindrod has announced plans to spend Rand 2.5 billion (US$133.1 million) in the next three years on maintaining its asset base, including expanding the capacity of the Matola coal terminal at Mozambique’s Port of Maputo. The

[ad_1] Ghana’s President Nana Addo Dankwa Akufo-Addo has commissioned the newly constructed Eastern Regional Multi-Purpose Youth Resource Centre (MYRC) and sports stadium in Koforidua, located in the country’s Eastern region. The 5,000-seater facility is the first of 10 such facilities being