Five West African countries have outlined plans to invest in the expansion of the Lagos-Abidjan highway in an attempt to boost trade and commerce
Construction
Mexico’s Cemex plans upgrade of Egyptian plant
Mexican cement company Cemex has announced plans to invest US$100mn in Egypt in an attempt to upgrade its operation in the North African country
African bank to fund housing projects in Kenya
The Commercial Bank of Africa (CBA) has signed a deal worth more than US$17mn with housing project financer Shelter Afrique for funding housing schemes in Nairobi, Kisumu and Mombasa
Funds for Mozambique’s infrastructure development
Indian Export-Import Bank (EXIM) has outlined plans to open up three credit lines worth US$217mn for Mozambique to fund public works and housing projects in the southern African country
Chinese firm to build tallest trade tower in Kenya
Chinese construction firm Jiangxi International has won a bid for constructing the tallest trade building in Kenya, the National Social Security Fund’s (NSSF) Trade Centre