The cost of global construction is set to rise by 4.3 percent during 2018 compared to 4.1 percent in 2017, as developers face the challenge of continued shortages of relevant skills to deliver an increasing number of projects, according to new research from global professional services firm Turner & Townsend.

Positive growth forecast for East African hospitality sector.

City Lodge Hotels expects demand for its rooms to continue exceeding expectations in the year ahead after it increased occupancies in 2015.

Actis, the pan-emerging markets investor, has today announced that is has established Credit Services Holdings (CSH), a buy-and-build credit services business.

TEN companies have expressed interest in the construction of the multi-million dollar Bujagali dam in Uganda, reports News Vision from Kampala. Construction is expected to start next year.