Tanzanias National Housing Corporation (NHC) has secured credit of TZS 165 billion (US$105.7 million) from a consortium of nine financial firms to help it meet growing housing demands in the East African country
Construction
Ugandan government increases road network funding
The Ugandan government has increased its budgetary allocation to the Ministry of Works and Transport from UGX 1.29 billion (US$525,252) to UGX 1.65 billion (US$660,000) in the past financial year in an attempt to improve the country’s road network
High living costs keep people away from Africa’s newest city
Africa’s newest city Nova Cidade de Kilamba, built on the outskirts of Angolas capital Luanda, remains largely uninhabited due to high living costs even a year after being built
Zanzibar legislators concerned over delay in airport expansion
Legislative members of Zanzibar have expressed concern over the delay in expansion of the Zanzibar International Airport
SA LPG plant construction to start in 2013
Construction of South Africas largest liquefied petroleum gas (LPG) storage unit will start in 2013 and is expected to be functional by the end of the following year