A US$ 70m iron sheet factory opened in Kenya
A US$ 70m iron sheet factory has been inaugurated in Kiambu County, Kenya by Devki Group. The new factory is projected to be able to produce 300,000 tonnes of iron sheets in Kenya annually.
The proposed Calabar Deep Seaport in Nigeria receives US$553.3m financial boost
The proposed Calabar Deep Seaport in Nigeria has received a total amount of US$553.3m from the Broad Spectrum Industrial Services towards the financing of the project.
A major US $350m industrial hub to be constructed in Angola
Angola industry is set to benefit from an industrial hub worth US $350mn to be constructed in the country making it the largest in the country’s southern part, in Lubango. This was noted by the CEO of Silvestre Tulumba e Investmentos (STI) who are the owners of the project.
Kenya: US$ 25m Kisumu shopping mall almost complete
A US$ 25m shopping mall which is being constructed in Kisumu, Kenya is nearing completion and is projected to be the largest of its kind in the region. It is anticipated to help push up the property value in the area.
