Africa Development Bank (AfDB) will approve a loan of US$100mn in December 2012 to finance the construction of Geba Dam in Ethiopias Oromia state
Buildings
Spanish Group to build 4,500 homes in Mozambique

Sanjose will build 1,500 houses at a cost of US$150mn within 24 months. (Image source: indi.ca/Flickr)
Spanish construction group Sanjose has signed an agreement with the Mozambican government for building 4,500 houses in three of the country’s provinces
Chinese firm to build US$32 million civic centre in Nigeria

The centre, when completed, will house a museum, mall, event centre, amphitheatre and state-of-the-art library. (Image source: FreeDigitalPhotos.net)
China-based architectural firm, Tianjin Yuyang Construction Company, will build a US$32mn civic centre and museum in Nigerias Ekiti State
Construction starts on second phase of Nairobi Business Park
Private equity firm Actis has launched construction work on the second phase of the Nairobi Business Park
South African construction firm looks to foreign opportunities

Absence of big construction projects in South Africa is forcing Stefanutti Stocks to look for ventures in foreign countries. (Image source: timshortt/Flickr)
South African construction company, Stefanutti Stocks, has revealed its plans to grow its activities outside the country due to inadequate growth opportunities in the local market