AFRICAN TRADE CENTRE TO BE CONSTRUCTED IN ZIMBABWE

AFRICAN TRADE CENTRE TO BE CONSTRUCTED IN ZIMBABWE

Africa trade centre facility to be constructed in Zimbabwe to promote Afreximbank. The trade centre is to be constructed in Zimbabwe by the Africa Export-Import bank (Afreximbank) which will enable the centre to be transformed into an iconic business complexes with integrated one-stop trade services shop that will help in the creation of mini business parks for African trade. President of Africa Export-Import bank, Dr. Benedict Oramah; ”I am happy to note that Zimbabwe will be the first…

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SOUTH AFRICA AND SWAZILAND SET FOR 150KM RAIL CONSTRUCTION LINK

SOUTH AFRICA AND SWAZILAND SET FOR 150KM RAIL CONSTRUCTION LINK

Swazi rail construction to connect both South Africa and Swaziland railway which will create approximately 3000 and 6500 jobs for both countries. The project which is a 150km Swazi rail link is expected to link Lothair in South Africa to Sidvokodvo in Swaziland whereby modernizing two existing lines in both countries. Preparation are underway after the feasibility studies of the Swazi rail link is complete. Transnet Rail Freight Chief Executive Officer, Ravi Nair; ”The feasibility phase is complete and…

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AVANI PROPERTIES TO BUILD TWO RESORTS IN TUNISIA

AVANI PROPERTIES TO BUILD TWO RESORTS IN TUNISIA

Tunisia to have avani hotel and resorts in tunis. The resorts which are Avani Les Berges Du Lac Tunis Suites and Avani Gammarth Tunis Resort & Spa is expected to be located in a commercial, residential and diplomatic area in Tunis the country capital. The Resort is expected to have 41 key properties that will have serviced apartment accommodation options ranging from studios to three-bedroom apartments and lofts that will help meet the corporate and extended-stay demand. The second…

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ZIMBABWE TO COMPLETE DAM AFTER 105 YEARS WAIT

ZIMBABWE TO COMPLETE DAM AFTER 105 YEARS WAIT

The Gwayi-Shangani dam to be completed in two years, that will bring about socio-economic transformation after 105 years wait. The Gwayi-Shangani Dam which is one of the national projects being undertaken under Zim-Asset is on the confluence of Gwayi and Shangani rivers, has been put on hold for so long due to financial challenges whereby making the development of the Matabeleland region to be very slow. The Vice President of the country, Phelekezela Mphoko has been promised by the managing director of…

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HYATT HOTEL TO BUILD NEW FACILITIES IN SIX AFRICA COUNTRIES

HYATT HOTEL TO BUILD NEW FACILITIES IN SIX AFRICA COUNTRIES

Hyatt hotel set to expand its  business with the planned construction of six resort across Africa. Hyatt hotels and resort which is an american operator, franchiser of hotels, resorts, and vacation properties has announces plans to construct at least six resort in Africa before 2020. The listed countries include; Cameroon, Algeria and Senegal which will be the first three to be constructed before Morocco and Tanzania. The Initiative is expected to lead business growth and international travel on…

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KIAMBU MALL SET TO OPEN IN KENYA

KIAMBU MALL SET TO OPEN IN KENYA

US$ 8m Kiambu Mall to be completed and opened in December after reaching its final construction stage Kiambu which is a town in Kiambu county having a population of 88,869 is about to have its first and largest shopping mall in the area. The Mall is expected to comprise of 5 floors which include Basement, Ground Floor, 1st Floor, 2nd Floor, 3rd Floor and a Rooftop. Chairman of  Mugaa Investment developer, Peter Burugu; ”The project was geared to…

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CYTONN TOWER TO BE CONSTRUCTED IN KENYA

CYTONN TOWER TO BE CONSTRUCTED IN KENYA

Cytonn real estate to construct a tower in kenya that will comprise of 180 hotel rooms, 160 serviced apartments, three-bedroom duplex apartments and penthouse suites, three basement parking floors with a capacity for 1,500 vehicles. The highrise building which is expected to cost US$ 194m will be constructed by Cytonn Real Estate and will have up to 35 floor upon completion. The tower is expected to sit on a four-acre piece of land at the junction of…

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ODU’A INVESTMENT LAUNCHED N500M ACE ESTATE.

ODU’A INVESTMENT LAUNCHED N500M ACE ESTATE.

Odu’a Investment Company Limited on Tuesday launched a N500m real estate project, which was completed in nine months. The estate which is a residential accommodation, situated in  the high end of Jericho Government Reservation Area (GRA), Ibadan, the Oyo State capital. The estate consists of three luxury units of 5-bedroom duplex and four luxury units of 4-bedroom duplex with all the required facility. It is set on 4,400 square metres of land. Guiding  the media team around…

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PLANS UNVIELED FOR NEW VENICE IN DUBAI

PLANS UNVIELED FOR NEW VENICE IN DUBAI

Plans are underway for the AED2.5bn (£516m) resort which is expected to be located in the World islands, 4km offshore from Dubai and will bring an authentic Venetian experience to the Middle East according to developer Kleindienst Group. The new floating Venice  is designed to have a lifespan of at least 100 years and will be constructed from a mixture of concrete for the underwater sections and marine lightweight materials for the upper decks. The floating resort is aimed…

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