Buildings

Positive medium to long-term outlook for South Africa’s construction sector

SA constructionThe construction industry in South Africa is expected to record a CAGR of 13.2% to reach ZAR US$17.75bn by 2024, according to ResearchAndMarkets

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Vantage Capital provides US$4.89mn funding for Alleyroads

venture capital atr storyVantage Capital, Africa’s one of the leading mezzanine fund managers, has provided US$4.89mn of mezzanine funding for the development of Kayalane Heights, a first-of-its-kind affordable housing development located in Lebowakgomo, Limpopo

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Sub-Saharan Africa’s construction sees cuts as COVID-19 impacts economic activity, says GlobalData

SSA construction GlobalDataThe 2020 construction output growth forecast for the sub-saharan Africa (SSA) region has been revised down to 0.7 per cent from the previous pre-COVID forecast of 3.6 per cent, according to GlobalData

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BUA Group acquires PW Nigeria limited

BUA NIgeriaNigeria-based BUA Group has acquired majority shareholding in PW Nigeria Limited, one of the nation's leading construction, engineering and mining company

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bauma CONEXPO AFRICA returns in 2021

bca pr 2020 02 BCA outside areabauma CONEXPO AFRICA, sub-Saharan Africa’s leading trade fair for construction, building material, mining, agriculture & forestry machines, Machinery and vehicles will be back in South Africa in 2021 with a new look and an expanded focus, to deliver enhanced cross-sector growth opportunities

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