Latest Business News - Africa

Construction Begins on Tanzania's Multibillion 22-Storey Twin Towers in Nairobi

The Tanzanian government is officially starting construction of the Twin Towers in Kenya's capital, Nairobi. The country's minister of foreign affairs, January Makamba, stated that this broadens  Read More..

Posted on : 11 Jul,2024


2024-25 Budget Speech Highlights the Growth and Priorities of Tanzania's Construction Sector

Over the previous years, the construction industry in Tanzania has grown at an average annual rate of 12 percent. Innocent Bashungwa, the Minister of Construction, made this statement before  Read More..

Posted on : 14 Jun,2024


More Than 19 Companies To Represent 'Saudi Made' At BUILDEXPO Africa 2024

The Saudi Export Development Authority “SAUDI EXPORTS”, under the "Saudi Made" identity, will participate in the BUILDEXPO Africa 2024 , scheduled to be held in Kenya from June  Read More..

Posted on : 04 Jun,2024


Record breaking figures at Kenya's biggest construction trade exhibition

The 25th BUILDEXPO KENYA 2024 is back in Nairobi from the 05th to 07th June 2024 at the Kenyatta International Convention Center (KICC). This year the event is bigger than ever with exhibitors from  Read More..

Posted on : 03 May,2024


Kenya Unveils $2 Billion Plan for New Nairobi Airport Project amid Growing Pressure on JKIA

  His Excellency Dr. William Samoei Ruto, President of the Republic of Kenya, is set to tap financial assistance from the United States of America during his approaching visit to Washington  Read More..

Posted on : 06 May,2024


Tanzania Gives Go-Ahead to Massive Sh80.85 Billion Mbamba Bay Port Construction Project

Construction on Tanzania's Mbamba Bay Port, a much-anticipated project on Lake Nyasa in the Ruvuma region, has officially started. The project is estimated to cost 80.85 billion TSH. The entire  Read More..

Posted on : 12 Apr,2024


KeNHA Unveils Strategic Sh394 Billion Plan to Construct Major Highways in Kenya

The Kenya National Highways Authority's (KeNHA) transformative strategic plan was recently officially unveiled by Cabinet Secretary for Roads and Transport, Hon. Kipchumba Murkomen EGH. The  Read More..

Posted on : 05 Mar,2024


Ruto’s Multi-Million Plan to Host the 2027 Africa Cup of Nations (AFCON) Tournament in Kenya

Kenyan President William Ruto congratulated the country's selection to co-host the African Cup of Nations (AFCON) in 2027 and shared information about upcoming construction and renovations in an  Read More..

Posted on : 30 Jan,2024


Tanzania's Modern Industrial Park Project on Course with 3.5 Trillion Investment

Tanzania has started construction on a state-of-the-art industrial park project in Kikongo and Disunyara in the Mlandizi District of Kibaha, which is near the coastline. The 1077-acre Modern  Read More..

Posted on : 19 Jan,2024


African Development Bank Greenlights $696.41 Million for Phase 2 of Tanzania-Burundi-DRC SGR

The African Development Bank (AfDB) approved $696.41 million in financing for Tanzania and Burundi to utilize for Phase 2 of the Tanzania-Burundi-DRC SGR. Phase 2 of the SGR project will see the  Read More..

Posted on : 15 Dec,2023


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