Latest Business News - Africa

By the end of the year, the Nairobi Western Bypass is expected to be completed

The Nairobi Western Bypass project in Kenya is expected to be finished by December this year, ahead of schedule. According to Transport Cabinet Secretary James Macharia, 64 percent of roadwork on the  Read More..

Posted on : 27 Jul,2021


The relocation of an internet cable for the Nairobi-Mau Summit road project has begun

The installation of fibre optic cable has commenced in Kenya in preparation for the building of the Nairobi-Mau Summit road project.   The State Department of ICT and Innovation, which is  Read More..

Posted on : 27 Jul,2021


Kenya's Construction Sector Expected to Recover This Year

 Nairobi — Kenya's construction sector is expected to recover this year on the back of the government's continued implementation of investor-friendly reforms as well as large-scale  Read More..

Posted on : 26 Jul,2021


110-mln-USD expansion of Modjo dry port project in Ethiopia begins

Major Chinese construction firm recently launched the construction of a 110 million U.S. dollars Modjo dry port mega expansion project in central Ethiopia. The Ground-breaking ceremony for the  Read More..

Posted on : 09 Jul,2021


Tanzania has approved USD 160.5 million for the building of the Isaka-Mwanza high-speed rail route.

Tanzania's government has authorised a preliminary budget of USD 160.5 million for the building of the 341-kilometer Isaka-Mwanza Standard Gauge Railway (SGR) line.   President Samia Suluhu  Read More..

Posted on : 25 Jun,2021


Construction of longest bridge in Tanzania on track

 Construction works on the longest bridge in Tanzania is on track. The country’s President Samia Suluhu inspected the works and confirmed the project stands at 27% complete. The  Read More..

Posted on : 09 Jul,2021


Expansion of US $2bn Rironi-Mau Summit highway in Kenya to begin in September

 Expansion works on the US $2bn Rironi-Mau Summit highway in Kenya is set to begin in September this year. This is according to Transport Cabinet Secretary James Macharia. “We are set  Read More..

Posted on : 09 Jul,2021


Kenya will receive a $750 million loan from the World Bank to develop its infrastructure.

 The World Bank has decided to fund the expansion of Kenya's road and other connectivity networks with a $750 million loan from the International Development Association (IDA).   The IDA  Read More..

Posted on : 09 Jul,2021


Tanzania's construction industry has grown tremendously in recent years.

 Tanzania's dramatic growth in building activity is obviously a marvelous sight to see as the country's infrastructural progress has risen.   Tanzania's building sector has seen rapid  Read More..

Posted on : 11 Jul,2021


MoU signed for construction of road linking Ethiopia to Berbera in Somaliland

The government of Ethiopia through the Ministry of Transport and Dubai Ports (DP) World, a leading global provider of end-to-end logistics solutions, have signed a Memorandum of Understanding (MoU)  Read More..

Posted on : 09 Jul,2021


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