Building & Construction News

Katse Dam's deep flood of suffering

  • 31-08-2017
  • Bizcommunity.com

A Basotho pony is struggling up a cliff, burdened by jerry cans that have been filled up at a spring. Behind the animal, far below and out of reach, lies the fat gleam of Katse Dam. This is the memory that sears through me when I recall my visit to L...

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Desalination? Africa should rather manage its water resources better

  • 31-08-2017
  • Bizcommunity.com

Access to clean water in the future is by no means certain for many regions in Africa. These include semi-arid regions like the Western Cape of South Africa, where droughts are predicted to intensify under climate change, and wetter countries like Ni...

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Nigeria’s Zungeru hydroelectric power plant, 47% complete

  • 31-08-2017
  • Construction Review Online

CNEEC-Sinohydro Consortium, has made a confirmation that the Zungeru hydroelectric power plant project in Nigeria is now 47% complete. CNEEC is in-charge of the development of the 700MW power plant project. Xiao Nie, the deputy project manager exp...

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AfDB seeks to fund construction of coal power plant in Kenya

  • 31-08-2017
  • Construction Review Online

The African Development Bank (AfDB) intends to fund the construction of a coal power plant in Kenya. They are however awaiting the environmental and social audits before releasing the funds. AfDB Director-General of the East Africa Regional office...

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AfriSam is said to be talking to partner to secure PPC deal

  • 30-08-2017
  • Moneyweb

Prospect of cash injection could strengthen AfriSam’s position. AfriSam Group is in negotiations with an equity partner to recapitalise the company and enable South Africa’s second-biggest cement maker to push through a merger with larger rival PP...

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Meeting nature halfway: A sustainable future built with timber

  • 30-08-2017
  • Bizcommunity.com

Buildings, be they domestic, commercial or industrial, are major consumers of energy the world over and this applies to much more than just their day-to-day running. From basic components, transport, construction, operation and final decomposition af...

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Nigeria Requires $150Bn to Achieve Clean Water

  • 30-08-2017
  • Construction Review Online

Nigeria should spend approximately $150Bn a year to deliver universal safe water and sanitation; this is according to the World Bank. The released report pointed out that Nigeria provided piped water to fewer than 10% of city dwellers in 2015. This i...

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Lake Turkana Wind Power Limited starts billing Kenya Power for idle wind farm.

  • 30-08-2017
  • Construction Review Online

The Developer of Lake Turkana Wind Power project Lake Turkana Wind Power Limited is billing Kenya’s Electricity company Kenya Power every month. This is as a result of failure by the government to distribute their production. This comes despite rece...

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De Beers pours cash in diamond ads with biggest spend since 2008

  • 29-08-2017
  • Moneyweb

Diamond miner boosts marketing budget to $140 million in 2017. De Beers is planning to spend more money advertising diamonds than any time in the past decade to win back wealthy shoppers. The company, a unit of Anglo American, boosted its marke...

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Basil Read 7.5% down on interim loss, rights offer

  • 29-08-2017
  • Moneyweb

Strong order book ‘promises return to profit’. The share price of struggling construction group Basil Read dropped by 7.5% to 74c late on Monday after interim results showed the group is trading at a considerable loss. The share has lost more t...

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