Hass Group announced that it has signed an agreement worth KSH20bn (US$195mn) with China State Construction Engineering Corporation (CSCEC) to build the tallest building in Africa, Hass Towers, in Nairobi
Construction
Dangote ends Nigeria’s Cement importation and now exports 0.4mn mt cement to neighboring countries
In its 2016 full year audited results presented on the floor of the Nigerian Stock Exchange in Lagos yesterday, Dangote Cement sold 8.6mn metric tons of cement outside Nigeria, which is 54 per cent more than what was sold in 2015
FAYAT to acquire Road Construction division of Atlas Copco
Fayat are to acquire the Road Construction Equipment Division of Atlas Copco, which manufactures rollers for asphalt and soil applications, pavers and planers
Uganda are to construct the four-lane Busega Mpigi expressway
The Ugandan minister of finance, Matia Kasaija, signed a US$150mn loan from the African Development Bank which will be used to construct a four-lane expressway
Peru sends armed forces to support construction and development missions in Central Africa Republic
Following the Brussels conference for the Central African Republic (CAR), which took place on 17 November 2016, Perus Defence Minister Jorge Nieto sent armed forces to participate in the construction and maintenance of aerodromes and roads and to assist with the overall peace and security mission in the region