The World Bank has approved US$300mn for the establishment of the Mortgage Re-Financing Company to facilitate the provision of affordable houses to Nigerians
Construction
Egypt to build airport city at Cairo International
The Egyptian Civil Aviation Ministry and British airline company Icon have revealed they will complete assessing strategies by mid-April 2013 on plans to build a US$20bn airport city at Cairo International Airport
German cement company to set up US$90 million plant in Cameroon
German company G Power Cement has announced it has invested US$90mn for the construction of a cement plant in Cameroon
Urbanis Africa invests US$66mn in Kenyan low-cost housing project
Real estate development firm, Urbanis Africa, is investing US$66mn in low-cost housing in Kenya
Construction starts on Ugandan cement factory
Uganda’s President Yoweri Museveni has performed the groundbreaking ceremony on a new cement factory in east of the country