Plans to construct 2000MW hydro dam in Ethiopia underway
- Details
- Category: Building & Interiors
- Published on Monday, 11 April 2016 07:33
- Written by Super User
- Hits: 2082
Plans to construct 2, 000MW hydro dam in Ethiopia, on the lower bank of the Omo River are underway. An Italian export credit agency, Servizi Assicuative del Commerce Estero (SACE) has agreed to fund the development.
Read more: Plans to construct 2000MW hydro dam in Ethiopia underway
Gas exploration in Tanzania gets financial boost
- Details
- Category: Building & Interiors
- Published on Monday, 04 April 2016 13:11
- Written by Super User
- Hits: 1941
A whopping US$ 274m is yet to be spent on gas exploration in Tanzania in the next 24 months by a Dubai based company,Dodsal Group.
Kinross is going ahead with expansion of its Tasiast gold mine in Mauritania
- Details
- Category: Building & Interiors
- Published on Saturday, 02 April 2016 08:07
- Written by Super User
- Hits: 1925
Kinross Gold announced Wednesday it has decided to proceed with the first stage of an expansion of its troubled Tasiast gold mine in Mauritania, which will dramatically increase production and slash costs at project.
The Canadian miner will spend about US$300 million to boost the mills capacity from the current 8,000 tonnes of ore per day to 12,000.
Read more: Kinross is going ahead with expansion of its Tasiast gold mine in Mauritania
Outlook for construction industry in Africa
- Details
- Category: Building & Interiors
- Published on Thursday, 31 March 2016 04:03
- Written by Super User
- Hits: 3097
There is no doubt that construction industry in Africa is on a steady rise.Many contractors and investors have been keenly looking into ways of getting a share of the lucrative market.
According to recent research conducted by Deloitte many investors have been keenly putting their capital into the African market and the sweet part is they are ripping big from their investments.