LATEST PRIME NEWS

Ethiopia construction industry bullish on growth

Posted on :10 Nov,2018

East Africa is witnessing a construction boom. Not falling behind its neighbours Kenya, Tanzania and Rwanda, infrastructure development and housing projects generously cover the landscape of modern Ethiopia. The increase in the country's economic  Read More..

Tanzanian economy expected to grow rapidly in 2018-19

Posted on :25 Oct,2018

President John Magufuli's government has pledged to increase public investment in infrastructure projects, including a standard gauge railway, new roads, power plants and expansion of port facilities. The President said that Tanzania plans to  Read More..

Construction of Ethiopia’s Berbera Port set to kick start this October

Posted on :12 Oct,2018

Construction works for the Berbera Port in Ethiopia has been rescheduled to kick start this October following a multi billion dollar agreement, signed between Somaliland president Musa Behi Abdi and DP World chairman and Chief Executive Officer  Read More..

East Africa infrastructure construction to grow sharply over next 5 years

Posted on :12 Oct,2018

East Africa infrastructure construction is expected to grow sharply over the next 5years with Ethiopia, Kenya and Tanzania, expected to invest US $98.8bn in 2022, from US $25.9bn in 2017 according to GlobalData, a leading data and analytics  Read More..

Tanzania open for investments, aims for an industry driven economy

Posted on :09 Oct,2018

President John Magufuli has told sources that industrialisation is the main agenda for the government, stating very categorically that the fifth phase administration focuses on building an industry- oriented economy.  According to the World  Read More..

Hyundai East Africa Ltd. building a better future for Tanzania with Buildexpo Africa

Posted on :22 Sep,2018

 In November 2018, Hyundai East Africa Ltd., is participating at Buildexpo Africa– Tanzania to promote the state of the art Excavator R220LC-9S. As a Prime Platinum Exhibitor at the International Exhibition the company looks to attract  Read More..

7100 tonnes of rails imported from Japan for building the SGR

Posted on :21 Sep,2018

Maizo Mgedzi, the SGR project manager informed local media persons following this story that plans were underway to allow clearance of the rails that have been imported from Japan. A ship carrying 7,100 tonnes of rails to be used in the construction  Read More..

Rwanda affordable housing project launched

Posted on :01 Sep,2018

Rwanda Development Bank (BRD) has unveiled a housing project, which promises to ease the shortage of affordable housing in the country.   A certified study by the City of Kigali, the Ministry of Infrastructure, and the European Union showed  Read More..

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