Nigerian cement manufacturer United Cement Company of Nigeria (UNICEM) is to invest US$3bn in its operations by 2016 in order to increase its cement production
Buildings
Tanzania housing body to build 15,000 houses in Kilimanjaro Region
The Tanzanian National Housing Corporation (NHC) has announced plans to construct 15,000 houses in the Kilimanjaro Region, provided they acquire enough land, within this financial year
South African hotel chain to invest US$100 million in Nigeria and Mozambique properties
South African hotel chain Tsogo Sun Group has announced plans to invest US$100mn in two hotels in Nigeria and Mozambique
Aengus to invest US$300 million in Africa
Student accommodation builder Aengus Investment Properties is planning to expand into six African countries to meet the growing demand for student accommodation
African bank to fund housing projects in Kenya
The Commercial Bank of Africa (CBA) has signed a deal worth more than US$17mn with housing project financer Shelter Afrique for funding housing schemes in Nairobi, Kisumu and Mombasa