Roads

FAYAT to acquire Road Construction division of Atlas Copco

Grootrivier Pass01

Fayat are to acquire the Road Construction Equipment Division of Atlas Copco, which manufactures rollers for asphalt and soil applications, pavers and planers

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Uganda are to construct the four-lane Busega Mpigi expressway

A2 A4 02The Ugandan minister of finance, Matia Kasaija, signed a US$150mn loan from the African Development Bank which will be used to construct a four-lane expressway

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Peru sends armed forces to support construction and development missions in Central Africa Republic

29927835904 e69c282a52 oFollowing the Brussels conference for the Central African Republic (CAR), which took place on 17 November 2016, Peru's Defence Minister Jorge Nieto sent armed forces to participate in the construction and maintenance of aerodromes and roads and to assist with the overall peace and security mission in the region

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Ethiopia, BADEA sign loan agreement for road upgrades

Ethiopia BADEA sign loan agreementThe government of Ethiopia has signed a US$15mn loan agreement with the Arab Bank for African Economic Development (BADEA) for the financing of Hamusit–Estie road upgrading project

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Kenya seeks IFC support for road construction

Kenya seeks IFC support for road construction Kenya is now in negotiations with International Finance Corporation (IFC) for a line of credit of US$1.5bn to finance road construction in the country

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