San Felasco Research Ventures has announced the development of a new mixed-use Research Community within the City of Alachua.
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Newmark arranges $350 million loan for 16-property suburban office portfolio
Newmark, on behalf of Angelo Gordon and the WE’RE Group, has arranged a $350 million floating rate, securitized loan for…
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Ethiopia inaugurates Meskel square renovated project
Prime Minister Abiy Ahmed of Ethiopia on Sunday inaugurated the recently renovated Meskel Square and Churchill Road – City Hall…
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U.S. home price appreciates at highest levels
Home prices in the U.S. rose again in April, albeit at a slightly lower rate than recorded in the prior…
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African Development Bank debars Mactebac Contractors Limited
The African Development Bank Group announces the 36-month debarment of Mactebac Contractors Limited, a company registered in Kenya and Mr.…
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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…
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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…
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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…
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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…
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$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…
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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…
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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…
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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…
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Asphalt road connecting Ethiopia, South Sudan completed
Asphalt concrete road of 60.2 kilometers linking Ethiopia with South Sudan has completed last week, said Ethiopian Roads Authority, the…
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