Bouygues Batiment International construction company has together with their modular construction laboratory Dragages Singapore, completed the construction of the 459 feet Clement Canopy buildings in Singapore. With its completion, the building is now the holder of world’s tallest modular buildings title which was previously held by George Street, a 135-metre tower erected by Tide Construction in Croydon, England.
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The African Development Bank Group on 16 July 2019, announces the debarment of Lutoyilex Construct Limited, a construction company registered in Nigeria and its Managing Director, Mr. Bamidele Obiniyi (also known as Mr. Bamidele Abayomi) for a period of 36 months.
During his second state of the nation address of 2019, President Cyril Ramaphosa spoke about prioritising the development of cross-border value chains in key sectors, including manufacturing. “We want a South Africa that doesn’t simply export its raw materials but has become a manufacturing hub for key components used in electronics, in automobiles and in computers,” the president said.
Mr Seyi Makinde, the Oyo State Governor, on Monday, made public his assets after he received a copy of the asset declaration form which he had earlier submitted to the Oyo State office of the Code of Conduct Bureau (CCB) in Ibadan.
Property owners within Central Business District (CBD) have two weeks to repaint and redecorate their premises or face legal action. Acting County Secretary Leboo Morintat said that upon expiry of the 14 days, necessary legal measures will be instituted to ensure the notice is fully complied with.
After almost 15 years of living abroad, I knew that moving back to Nigeria would not be an easy task; I had worked on many projects- project management, project financing and venture capitalism; with this experience, I wanted to do something different in the Nigerian luxury real estate market.
Investec Asset Management completed its first private equity investment in Egypt as it bought a controlling stake in the supermarket chain Spinneys. IAM acquired the stake from the Abraaj Group, since its liquidation and financial ruin. Peter Baird, Managing Principal for Africa Private Equity at Investec Asset Management joins CNBC Africa for more.
• 1,434 units to be construed in Pangani.
• 90 per cent of labour and materials be sourced locally.
Managing Partner of a leading real estate firm, Joe Etoniru and Associates, Mr. Chidi Etoniru, has said the Real Estate Investment Trust,REIT, offers an alternative way to invest in property. He explained that REIT does not just owns property, but manages property on behalf of shareholders.
I HAD the advantage of reading the write-up by Nseobong Okon-Ekong from the interface Dr John Kayode Fayemi, the Executive Governor of Ekiti State, had with some Journalists on his Second Missionary Journey, a privilege not granted many. I am particularly thrilled by Governor Fayemi’s dream and vision of wanting to build a Knowledge City, among other laudable developmental efforts, in his attempt “to …shoot the state into the limelight with its emerging economy and attract investors as well as tourists”.