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Construction of classroom block for Awudua School in Ghana to begin

Construction of a six-unit classroom block for Awudua Methodist Basic School in the Prestea Huni-Valley municipality, Ghana is set to begin. This is after AngloGold Ashanti (Iduapriem) Limited cut the sod for the project.

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Cameroon’s construction sector to grow by 8% in 2019 (SIKA group)

This year, Cameroon’s construction market should grow by 8.4%, Swiss sealing products manufacturer Sika estimates quoting official sources.

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RMB Holdings lifts dividend 7% after solid FNB performance

RMB Holdings (RMH), which is the biggest shareholder of FirstRand, said on Friday a solid performance from FNB helped grow its headline earnings per share 7% for the year to end-June.

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South Africa’s rand firmer on easing trade fears

South Africa’s rand firmed against the dollar in early trade on Friday on improved risk appetite as trade tensions eased, while stocks were flat.

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Nigeria received $5.82 billion capital inflows in Q2 2019, down by -31.41%

Nigeria received $5.82 billion capital inflows in the second quarter (Q2) of 2019, compared to $8.48 billion in the first quarter (Q1). This is revealed in the latest capital importation data released by the National Bureau of Statistics (NBS).

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African continental free-trade deal has a long way to go

The African continental free-trade agreement (AfCFTA) is facing several challenges and it could be decades before there is a common market in which tariffs are largely abolished.

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South Africa’s net foreign reserves rise to $44.226 bln in August

South Africa’s net foreign reserves rose to $44.226 billion in August from $43.906 billion in July, the Reserve Bank said on Friday. Gross reserves increased to $49.948 billion at the end of August from $49.360 billion the previous month, central bank data showed.

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Weak Naira fuels high building materials’ cost

Reprieve seems to be far from  low income Nigerian seeking roof over their heads as flexible foreign exchange still  triggers high cost of building materials in property market.

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Choppies set to exit Kenya over poor show

Choppies Supermarket — which has its roots in Botswana — has revealed plans to exit the Kenyan market four years after acquiring Ukwala stores for Sh1 billion

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Bungoma to Build Kanduyi Stadium From the Ground Up

Masinde Muliro-Kanduyi Stadium is situated in Bungoma County, a place known for producing some of the best athletes in Kenya.Like in neighbouring Kakamega County, Bungoma County government has commenced construction of Sh650 million modern stadium. According to Governor Wycliffe Wangamati, the sports facility will be built in phases.

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