Category archives for: Construction

Group Five announces improved earnings

group 5

TINTSWALO BALOYI JOHANNESBURG, (CAJ News) – GROUP Five, the infrastructure project development, construction and concessions group, has announced a steady set of results for the year-ended June 2016. While Group revenue remained largely unchanged at R13,8 billion, Core operating profit increased by 111,4 percent from R348,4 million to R736,5 million. Headline earnings per share (HEPS) […]

Nigeria projects receive huge financial boost

Mall underconstruction

From AUGUSTINE OSAYANDE in Abuja, Nigeria ABUJA, (CAJ News) – A CHINESE company has earmarked over US$30 million (N5,97 billion) for infrastructural development in Nigeria. Officials from North China Construction Company disclosed the figures as the firm signed a memorandum of understanding (MoU) on infrastructural development with the Delta state government. Chairman of African Division […]

Ghana, Nigeria drive African Urban Agenda

Ghana, Nigeria drive African Urban Agenda

From EMEKA OKONKWO in Abuja, Nigeria ABUJA, (CAJ News) – THE United Cities and Local Governments of Africa (UCLGA) has commended Ghana and Nigeria for steering the process leading to the definition of African Urban Agenda. Officials hailed the agenda as enhancing the development of the continent’s urban areas, which were registering significant growth. Speaking […]

CAMEROON: Port expansion steers Cameroon’s Vison 2035


by NGALA KILLIAN CHIMTOM YAOUNDE, (CAJ News) – THE approval of the US$675,5 million loan of the second phase of construction works at the Kribi Deep sea port has come as a major boost in Cameroon Vision 2035 ambitions by unlocking the country’s mining potential, create jobs and enhance trade with neighbouring countries. The Exim […]

New bridges to address Moz challenges

New bridges to address Moz challenges

From ARIMANDO DOMINGOS in Maputo, Mozambique MAPUTO, (CAJ News) – UNITED Kingdom manufacturer, Mabey Bridge, has completed six new bridges that are poised to solve infrastructure challenges in Mozambique. The Compact 200 bridges are helping put a major infrastructure project back on track after heavy flooding in 2015 had washed away most of the road […]


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