US-based North Holdings Investment said it plans to invest US$800mn in building a cement factory in the Amhara Regional State, Ethiopia
Construction
Saudi Arabian investor to build two cement factories in Ethiopia

Al Amoudis Derba Cement Company recently built a US$351mn cement factory in Ethiopia. (Image source: timshortt/Flickr)
Saudi Arabian investor Sheikh Mohammed Al Amoudi has announced plans to build two cement factories in Ethiopia
Uganda becomes fifth African country to join CoST

Uganda follows El Salvador as the second country to join the CoST initiative in 2013. (Image source: Lauren PM/Flickr)
Uganda has joined the Construction Sector Transparency Initiative (CoST) as its fifth member from Africa, giving Ugandan construction companies better opportunities to participate in large construction projects and increasing transparency in the countrys construction sector
Japanese and South Korean companies to construct 'iconic' bridge across Nile
The new bridge will be located close to the source of the Nile in Jinja. (Image source: Ina96/Wikimedia Commons)
Zenitaka Corporation of Japan and Hyundai Engineering and Construction Company from South Korea have signed a contract with the Ugandan government to construct the New Nile Bridge across the Nile river at Jinja
Fund to invest US$400mn dollars in Ugandan housing estate

The shortage of houses in Kampala currently stands at 100,000. (Image source: Bxtst/Wikimedia Commons)
Ugandas National Social Security Fund (NSSF) has unveiled a master plan to construct a landmark housing estate estimated to cost US$400mn dollars, which will attempt to meet the ever-rising demand for houses in the East African country