Construction

The agreement would enable Sephaku to become a significant competitor in the South African cement market. (Image source: Sephaku)

South African cement firm Sephaku Cement has signed a US$222mn domestic debt funding agreement with Standard Bank and Nedbank to help fund its US$390mn cement plant and clinker plant project

AfDB is in the final stages of processing the financing for the Arusha-Holili/Taveta-Voi Corridor in Tanzania. (Image source: cogdogblog/Flickr)

The African Development Bank (AfDB) has said it will increase fund for roads construction projects in Tanzania from US$550mn to US$650mn by the end of 2012

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