AfDB Leads $1.2 Billion Financing Syndication for Tanzania’s SGR

The African Development Bank (AfDB) has reached an agreement with Deutsche Bank and Societe Generale on a funding syndication strategy. The agreement is a ground-breaking step toward African  Read More..

Posted on : 15 Jan,2025

Government Kickstarts Sh8.1 Billion Equalisation Fund Projects across 34 Counties

The National Treasury, acting on behalf of the Kenyan government, has formally commenced the implementation of 1,236 projects worth Sh8.1 billion.   These projects, which will be funded by  Read More..

Posted on : 06 Dec,2024

Tanzania Signs $35 Million Deal for Jangwani Bridge Project Construction

The construction of Tanzania's long-awaited Jangwani Bridge Project is slated to start in Dar es Salaam. This comes after the Tanzanian government inked a $35 million contract with a Chinese  Read More..

Posted on : 13 Nov,2024

Multi-Billion Road Project Set to Boost Thika’s Industrial and Economic Prospects

The National Government, in partnership with the Kiambu county administration, has undertaken a significant road construction and expansion project in Thika town to help ease chronic traffic  Read More..

Posted on : 15 Oct,2024

Tanzania's New $5 Billion Administrative Capital: Magufuli City Underway

The Tanzanian Government has proposed constructing Magufuli City, a new multibillion dollar administrative capital. It is anticipated that the project will be constructed so that many people can  Read More..

Posted on : 09 Aug,2024

Construction Begins on Tanzania's Multibillion 22-Storey Twin Towers in Nairobi

The Tanzanian government is officially starting construction of the Twin Towers in Kenya's capital, Nairobi. The country's minister of foreign affairs, January Makamba, stated that this broadens  Read More..

Posted on : 11 Jul,2024

2024-25 Budget Speech Highlights the Growth and Priorities of Tanzania's Construction Sector

Over the previous years, the construction industry in Tanzania has grown at an average annual rate of 12 percent. Innocent Bashungwa, the Minister of Construction, made this statement before  Read More..

Posted on : 14 Jun,2024

More Than 19 Companies To Represent 'Saudi Made' At BUILDEXPO Africa 2024

The Saudi Export Development Authority “SAUDI EXPORTS”, under the "Saudi Made" identity, will participate in the BUILDEXPO Africa 2024 , scheduled to be held in Kenya from June  Read More..

Posted on : 04 Jun,2024

Record breaking figures at Kenya's biggest construction trade exhibition

The 25th BUILDEXPO KENYA 2024 is back in Nairobi from the 05th to 07th June 2024 at the Kenyatta International Convention Center (KICC). This year the event is bigger than ever with exhibitors from  Read More..

Posted on : 03 May,2024

Kenya Unveils $2 Billion Plan for New Nairobi Airport Project amid Growing Pressure on JKIA

  His Excellency Dr. William Samoei Ruto, President of the Republic of Kenya, is set to tap financial assistance from the United States of America during his approaching visit to Washington  Read More..

Posted on : 06 May,2024