The Zambian government has announced plans to construct a US$12.2mn ring road around the capital Lusaka, in order to improve access and traffic into and around the city’s southern economic zone
Construction
Actis invests US$22 million in Nairobi Business Park
Private equity investor Actis is investing US$22mn into the expansion of the Nairobi Business Park
Trans-Gambia bridge construction to begin by the end of 2012
The construction of the bridge will be good for West African trade in general. (Image source: tsuna72/Flickr)
Construction of the trans-Gambia bridge that will connect Gambia and Senegal will begin by the end of 2012
New brewery plant to be built in Zambia
Zambian Breweries Plc has begun building a US$90 million plant in Copperbelt town
African Barrick Gold to buy Aviva Mining
This purchase will help African Barrick gain a foothold in Kenyan exploration assets. (Image source: africanbarrickgold.com)
Tanzania-focused gold miner African Barrick Gold has agreed to buy Aviva Mining Kenya for US$30 million