Indonesia pays more attention to Sub-Saharan Africa for Construction Services
Jakarta (ANTARA News) – Indonesia pays more and more attention to Sub-Saharan Africa as promising emerging markets in the next decades. At a roundtable discussion on opportunities for investment and trade cooperation in construction services and products in
Construction worker wages in Kenya a record high
Rapid construction of commercial and residential buildings to meet rising demand has made the artisans, popularly known as fundis, one of the most-sought in the sector.
This has pushed their wages up as many property developers need them.
In Nairobi, the unskilled artisans, whose work mainly involves mixing sand and cement and ferrying building materials, are currently demanding a wage of between 8 U.S. dollars and 9.1 dollars a day, up from 3.4 dollars about three years ago.
Tanzania set to be one of Africa's top cement maker
Cement production is becoming an important manufacturing activity that would contribute immensely to Tanzania’s economic growth, in terms of exports and job creation.
Sh100mn to finance Jamii Bora mortgages
Shelter Afrique has extended Sh100 million to Jamii Bora Bank Limited (JBBL) that will be used by the bank for offer mortgages for low cost housing.
The loan agreement is meant to enhance the bank’s ability to lend for the purpose of purchasing low-cost residential housing, incremental building and home improvement.
