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
Construction
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
UNRA undertakes road development project in Uganda
The Uganda National Roads Authority (UNRA) has announced it will begin a road development programme in Uganda within the next five years
Dangote to invest in Kenyan cement sector
Owner of Dangote Group Aliko Dangote has revealed plans to invest US$400mn in a cement plant in Kenya
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