Shelter Afrique will raise funds in the next two years for financing the housing projects in Nairobi, Kisumu and Mombasa. (Image source: marc falardeau/Flickr)
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
The credit lines will be used for financing the building of 1,200 houses in Mozambiques Tete, Zambézia and Cabo Delgado provinces. (Image source: marc falardeau/Flickr)
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
The high-rise is expected to be completed within a period of 18 months. (Image source: Orin Zebest/Flickr)
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
Lafarge exports cement to DR Congo, Tanzania, Burundi, Malawi and Zimbabwe. (Image source: bulliver/Flickr)
Lafarge Cement Zambia has cut cement exports by 15 per cent in order to meet the increased local demand triggered by a boom in the local construction industry
The Safika acquisition is expected to strengthen PPCs position in South Africa. (Image source: PPC)
South African cement manufacturer Pretoria Portland Cement (PPC) has entered into an agreement to purchase a controlling stake in Safika Cement Holdings for about US$35.3mn