Saudi Arabian investor Sheikh Mohammed Al Amoudi has announced plans to build two cement factories in Ethiopia
Construction
Uganda becomes fifth African country to join CoST
Uganda has joined the Construction Sector Transparency Initiative (CoST) as its fifth member from Africa, giving Ugandan construction companies better opportunities to participate in large construction projects and increasing transparency in the countrys construction sector
Japanese and South Korean companies to construct 'iconic' bridge across Nile
Zenitaka Corporation of Japan and Hyundai Engineering and Construction Company from South Korea have signed a contract with the Ugandan government to construct the New Nile Bridge across the Nile river at Jinja
Fund to invest US$400mn dollars in Ugandan housing estate
Ugandas National Social Security Fund (NSSF) has unveiled a master plan to construct a landmark housing estate estimated to cost US$400mn dollars, which will attempt to meet the ever-rising demand for houses in the East African country
Road upgrades to connect Kenya’s northern regions to regional trade network
The ongoing rehabilitation of the 507km Isiolo-Marsabit-Moyale road in Kenyas northern region is expected to open up new trade opportunities with Ethiopia and foster development in semi-arid areas