Mangalis Management Group (MMG) has revealed plans to make a US$507mn investment in building hotels in 15 sub-Saharan African countries
Buildings
IFC invests in affordable housing in Africa
The International Finance Corporation (IFC) has invested more than US$63mn in a housing solutions fund for the support and development of affordable housing in South Africa and sub-Saharan Africa
Drake & Scull wins construction project in Algeria
Drake & Scull Construction has been awarded a construction contract worth US$349mm to develop a turnkey mix-use development project in Algeria
Construction underway on second Mopani acid plant
A second acid plant is currently being built at Mopani Copper Mines (MCM) in Kitwe, Zambia with at least 60 per cent of construction work already completed
Johannesburg to get a US$10 billion facelift
Johannesburg city officials have unveiled a plan that they claim will transform the South African city into the ‘New York of Africa’