Driver Group wins contract in Africa

Construction consultancy Driver Group has made further progress to its Africa business following the award of a further contract.

The deal is worth around $4.0m, but all other details remain confidential, the firm said.

Article continues below

Try 6 free issues of MoneyWeek today

Get unparalleled financial insight, analysis and expert opinion you can profit from.

Start your trial

https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Chief Executive Officer Dave Webster said: "We are delighted to report continued progress in our Africa business especially via our strategic project management service offering.

"This latest contract win demonstrates the strengthening of our business in the region and a continuation of our plans to seek out appropriate joint venture opportunities."

The share price leapt 9.26% to 59p by 08:30.

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.