The African Development Bank Group announces the 36-month debarment of Mactebac Contractors Limited, a company registered in Kenya and Mr. Joram Opala Otieno, the
Category: Construction
IMF advises Sierra Leone to improve infrastructure project management
In its new report released today the International Monetary Fund (IMF) advised Sierra Leone to improve management of infrastructure projects including roads construction.
Granite Construction gross profit up 166.1% year-over-year
Granite Construction Incorporated (NYSE: GVA) today announced results for the first quarter ended March 31, 2021 with its gross profit of $63.3 million –
New factory to solve cement shortage in Ethiopia
A new cement factory under construction with 7,000 metric tons of production capacity per day is set to solve the current cement shortage in
Price Watch points to construction sector key driver of growth
“A vibrant construction sector is an indisputable driver of GDP growth in a country,” said Bartholomew Armah, Director of Macroeconomics and Governance at the
$456 million asphalt roads to connect Ethiopia with neighbors
The Government of Ethiopia has awarded several asphalt road projects worth close to $456 million that connect the east African country with neighboring countries
Butajira City infrastructure investment paying off
Effective investment in infrastructure by Butajira City, one of the fastest growing cities of Ethiopia, has been paying off facilitating jobs creation and generating
Africa50 launches podcast to attract investment in infrastructure
Africa50, in partnership with US based Foreign Policy magazine, has launched an exciting new podcast series called Africa Forward. Africa Forward tells the largely
German company enters Ethiopia’s real estate market
ROCKSTONE Ethiopia, a German based company, has invested one billion Birr to building KEFITA, a G+20 exclusive apartment building with hotel-like amenities off Embassy
