ZAMBIA - In an effort to boost the real estate sector, Zambia is this month expected to host the ZamReal Property Forum, which will focus on issues of development and investment in the local industry.
TANZANIA - Minister for Industry, Trade and Investment Charles Mwijage said at the weekend here that when completed, the integrated township project would generate 100,000 employment opportunities for the youth in the education, light industry, tourism, logistics, commercial, transport and construction sectors.
TANZANIA - President John Magufuli yesterday officially inaugurated Nyerere Bridge - east Africa's longest suspension bridge - linking the sprawling Kigamboni area to the rest of Dar es Salaam.
NIGERIA - Following the recent rise in building collapse around the country, there are new indications that the Federal Government may revisit the review of cement standards to address restrictions placed on the use of certain classes of the commodity.
KENYA - The Board of Directors of the African Development Bank has approved a US $228-million loan to the Government of Kenya to rehabilitate a 172-kilometre road, linking the border town of Isebania and Ahero, an axis located southeast of Lake Victoria.
ZAMBIA – In an effort to cushion to the current housing deficit in the country, Lafarge plans to construct over 800 houses in Chilanga and Ndola at a cost of over US$28 million.
NIGERIA - The lull in the construction sector of the Nigerian economy has impacted negatively on the operations of Julius Berger Nigeria (JBN) Plc, leading to a dip of 70 per cent in profit after tax (PAT) for the year ended December 31, 2015.
KENYA - KenolKobil has put on hold plans to build a Sh1.5 billion office block in Nairobi’s central business district.
SOUTH AFRICA - While developers are quick to build new shopping centres, some property experts are concerned that the domestic market may be oversaturated.