Dynamic Group resurrects Dubai rotating tower

London-based Dynamic Architecture Group, the architectural firm that had proposed to build a rotating tower in Dubai in 2008, is set to revive the stalled Dynamic Tower project later this year. Italian architect David Fisher, the founder of Dynamic Group,…
Shanghai Tower: World’s 2nd-tallest building underway

China has completed the main structure of the Shanghai Tower, which is under construction in the country’s commercial hub of Shanghai. Shanghai Construction Group Company Ltd., the building’s contractor, placed the the final beam on the skeletal structure of the…
Duma Group unveils ‘instant’ mortar premix

Duma Group, a Kilifi mining company, has unveiled a premixed ballast product that seeks to promote conservation by curbing use of yellow river. The new product, dubbed Duma Premix, comprises a ready-to-use mixture of polyhedric ballast and sand mined by…
Road contractors face heavy fines over cable cuts

Road contractors could soon be slapped with heavy penalties for destroying telecommunication infrastructure during road construction works, if an appeal by local ICT firms is approved. Telecommunication firms want the government to subject contractors to stiff penalties for tampering with…
Mukesh Ambani tightens grip on Kenya’s real estate

India’s richest businessman Mukesh Ambani, has recently tightened his grip in the Kenyan real estate sector with the acquisition of land in Nairobi valued at Sh2.9 billion. The plots of land, that are meant for commercial and residential development, are…
Fusion Group to build Sh1.2bn Upper Hill office block

Private Equity firm Fusion Group has announced plans to build a Sh1.25 billion office block in the Upper Hill area of Nairobi. “Fusion (Group) announces the syndication launch, for a new $14.7 million (Sh1.25 billion) commercial office development in the…
Electrawinds’ Mpeketoni wind farm gets IFC backing

Belgian renewable-energy developer Electrawinds NV has signed a partnership with the International Finance Corporation (IFC) to develop a Sh19.8 billion wind farm in Mpeketoni, Lamu. The Mpeketoni wind farm will comprise 36 to 45 turbines for a total capacity of…