Latest Business News - Africa

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

Biggest construction trade exhibition announced in Nairobi at KICC

The 25th BUILDEXPO KENYA 2024 has been scheduled from the 05th to 07th June 2024 at the Kenyatta International Convention Center (KICC) in Nairobi. This is the biggest international trade event in  Read More..

Posted on : 06 Dec,2023

President Ruto's Vision of Affordable Housing Projects Taking Shape in Kenya

As the Kenya Kwanza Government's affordable housing initiatives take shape, over 40,000 housing units are ready for ground-breaking. President William Ruto stated that housing is a transformational  Read More..

Posted on : 15 Nov,2023

Ethiopia Receives $720 Million in Funding for Road Construction Project

The International Development Association (IDA) plans to provide Ethiopia $720 million to build the infrastructure it needs in an effort to improve the road connection between Addis Ababa and  Read More..

Posted on : 23 Oct,2023

$3.24 Billion to be Invested in Tanzania SGR Construction by Spain

Tanzania SGR project foresaw another major step as country of Spain via Export Credit Agency has shown interest in the funding of of the Standard Gauge Railway (SGR) construction project by issuing  Read More..

Posted on : 29 Sep,2023

Ksh700 Billion to be Invested to Complete Pending Kenyan Road Projects

The Kenyan government will allocate additional Ksh700 billion funds to the Kenyan Roads Projects in order to complete the country's ongoing road development projects. The former president of the  Read More..

Posted on : 12 Sep,2023

$13.8 Billion Kenya-Ethiopia Railway Construction Plans Resume

Kenya-Ethiopia Railway construction will foresee resumption as the Government of Kenya has resumed its construction plans that are set to begin in the year 2025 to construct the high-speed electric  Read More..

Posted on : 24 Aug,2023

Lake Victoria Basin Project Receives Sh355 Million for Phase II Constructions

The East African Community (EAC) has set aside Sh355 million to wrap up the Lake Victoria Basin Commission (LVBC) headquarters in Kisumu.   Dr Masinde Bwire, Executive Secretary (ES) of the  Read More..

Posted on : 01 Aug,2023

Exhibitions In Africa

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