UK-based Stratex International has unveiled plans to set up a new company in partnership with Thani Emirates Resources Holdings for its East African asset
Construction
Smart city to be developed in South Africa

The Modderfonstein project in Johannesburg will be spread across 16 million sq metres and house 30,000 families.
Hong Kong-based telecommunications provider PCCW Global has signed a deal with Shanghai Zendai to develop a smart city in South Africa
Savannah Cement invests in new clinker facility

Savannah Cement will set-up a clinker manufacturing facility in a bid to become less reliant on imported clinker. (Image source: Savannah Cement)
Nairobi-based Savannah Cement has announced it will invest US$97.7mn to set-up a clinker manufacturing base at its production facility in Kitengela, Kajiado County
Athi River Mining to construct a US$200 million cement plant in Kenya

Cement production is set to increase in East Africa by five to six per cent annually in the next few years. (Image source: momentcaptured1/Flickr)
Cement producer Athi River Mining (ARM) will construct a US$200mn cement plant with a capacity of 2.5mn tonnes in Kitui, Kenya
AfDB to fund US$1 billion infrastructure development in Kenya

The AfDB has provided a fund of US$1bn to develop roads and energy and water projects in Kenya. (Image source: Mark Hillary/Flickr)
The African Development Bank (AfDB) has approved funds worth close to US$1bn for the development of roads and energy and water projects in Kenya over the next five years