China has announced funding of US$116 million for the Rusizi-Rubavu highway, which will run through the Karongi district in Rwanda and is expected to boost trade and tourism in the area
Construction
Protea Hotels plans US$130 million African expansion

Several other new projects and management acquisitions by the group is also underway across Africa. (Image source: Protea Group)
As part of a US$130 million African expansion drive, South African Protea Hospitality Group has announced the construction of its fourth hotel in Uganda
Ohorongo Cement awarded airport contract in St Helena
Ohorongo Cement has been awarded a three-year contract by South African construction firm, Basil Read, to supply cement for the building of a new international airport on Atlantic island, St Helena
US$100 million invested in Ghana city developments
Ghana is set to undergo a US$100 million project to construct two new cities over the next decade, according to an announcement from market investment firm Renaissance Group
Loan to boost Tanzania housing construction plan

The target of building 15,000 housing units in Tanzania by 2015 requires steady investments in the sector. (Image source: Orin Zebest/Flickr)
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