Rising populations and a vibrant middle class have forced four East African states to face up to the challenge of constructing at least five million housing units in order to meet soaring demands
Construction
Concrete growth for cement firm Lafarge
Cement producer Lafarge has reported a five per cent year-on-year rise in 2012 first quarter sales to US$4.4 billion as higher prices offset rising costs and demand from emerging markets increased
AfDB funds give East African road development major boost
The African Development Bank (AfDB) has granted US$300 million towards the construction of the Arusha-Mombasa Highway
Zambia signs US$50 million deal to fund healthcare construction
Zambia has signed a credit facility worth US$50 million with the EXIM Bank of India to fund the construction of 650 rural health centres
AfDB to provide US$250 million for Tanzania and Sierra Leone roads
The African Development Bank Group (AfDB) has approved loans worth a total of US$250.95 million for road construction projects in Tanzania and Sierra Leone