Latest Business News - Africa

East Africa construction industry outlook promising-report

The total number of projects in East Africa has risen by a substantial 96% between 2017 and 2018 with an equally substantial increase of 167% in the total US dollar value of projects, a new report  Read More..

Posted on : 14 Jan,2019


Dam construction in Tanzania to be acquired by Egypt

Egypt has confirmed that it is taking over construction of Tanzania’s Stiegler’s Gorge hydroelectric power station after its consortium, consisting of Elsewedy Electric and the Arab  Read More..

Posted on : 10 Jan,2019


Ethiopia to host Buildexpo Africa Exhibition

The Buildexpo Ethiopia Exhibition will be held from 21 – 23 March 2019 in Addis Ababa. The event is focused on catering to the demand for quality building and construction – equipment,  Read More..

Posted on : 05 Mar,2019


Ethiopia's new USD 120 Million Conference Center in Addis Ababa

In a contract signed in Addis Ababa Sheraton hotel, CGCOC from China has been awarded a contract to build the first phase of the $120 million Addis–Africa International Convention and  Read More..

Posted on : 12 Dec,2018


Govt set to construct Down UB market in Luapula Province, Zambia

The government of Zambia along with Zambia National Service have signed a US $127k deal to construct Down UB market in Mansa in the Luapula Province. During the signing ceremony that took place in  Read More..

Posted on : 10 Dec,2018


US$70m upgrade to be done at MOI international Airport

The government of Kenya has decided to fund the Moi International Airport upgrade project in Mombasa costing US $70m, in bid to improve the airport’s safety and efficiency. During the  Read More..

Posted on : 07 Dec,2018


Accra SkyTrain project contract of US $3bn signed by Ghana

The government of Ghana along with South African firm Africa Investment (AI) have signed a Memorandum of Understanding (MoU), to construct the Accra Sky Train project at a whopping cost of US  Read More..

Posted on : 04 Dec,2018


KONE Primed To Gear Up Global Trade Centre In Nairobi, Kenya

A global leader in the elevator and escalator industry,KONE Corporation, has won an order to provide elevators for the Global Trade Center in Nairobi which has been envisioned as a high-rise building  Read More..

Posted on : 23 Nov,2018


Ethiopia construction industry bullish on growth

East Africa is witnessing a construction boom. Not falling behind its neighbours Kenya, Tanzania and Rwanda, infrastructure development and housing projects generously cover the landscape of modern  Read More..

Posted on : 10 Nov,2018


Tanzanian economy expected to grow rapidly in 2018-19

President John Magufuli's government has pledged to increase public investment in infrastructure projects, including a standard gauge railway, new roads, power plants and expansion of port  Read More..

Posted on : 25 Oct,2018


Exhibitions In Africa

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