Latest Business News - Africa

Construction operation in Africa is on the rise

Africa's construction industry includes increasing building ventures in various parts of African countries, such as Eastern Africa, Southern Africa, Western Africa and North Africa, in all sectors,  Read More..

Posted on : 07 Oct,2020


The construction of the Magomeni in Tanzania is expected to be finished early

The construction of the new Magomeni residential buildings in Dar Es Salaam is scheduled to be completed by December of this year. According to Daudi Kondoro, CEO of the Tanzania Building Agency, the  Read More..

Posted on : 07 Oct,2020


Construction of the long anticipated floating bridge in Likoni starts in earnest

The construction of the much-awaited Likoni Floating Bridge, connecting the island of Mombasa to the south of the mainland, in the coastal region of Kenya, has officially broken land in the Liwatoni  Read More..

Posted on : 07 Oct,2020


New parliament building structural works in Zimbabwe now complete

Structural works on the six-storey Parliament Building in Mount Hampden, Zimbabwe is now 100% complete; only internal and external endeavours to enhance the beauty of the structure and make it usable  Read More..

Posted on : 04 Sep,2020


Kenyan firm to construct largest cold chain facility in East Africa

Kenyan firm says it is investing USD 70 million to construct the largest cold chain facility in East Africa to bolster food transportation at a time when United Nations estimates that over 40% of  Read More..

Posted on : 04 Sep,2020


Kenya Electricity Generating Company PLC (KenGen) has commenced construction of Liquid Drilling Detergent Manufacturing Factory

Kenya Electricity Generating Company PLC (KenGen) has commenced construction of its first-ever Liquid Drilling Detergent Manufacturing Factory, at an estimated investment cost of Sh60  Read More..

Posted on : 15 Jul,2020


Tanzania sign agreements for construction of Dodoma City Outer Dual Carriageway Ring Road

The government of the United Republic of Tanzania has signed two agreements worth about US$ 95.7M for the construction of 112.3-kilometer Dodoma City Dual Carriageway Outer Ring Road.   The  Read More..

Posted on : 04 Sep,2020


Tanzania's Port Construction Begins

The foundation stone has been laid for the construction of a US$20m inland port in Tanzania. Tanzanian Prime Minister Kassim Majaliwa laid the foundation stone for the new port on Lake Tanganyika,  Read More..

Posted on : 15 Jul,2020


US$ 50M TO BOOST EFFORTS TO COMPLETE EAST-WEST ROAD PROJECT IN NIGERIA

The government of Nigeria, led by President Muhammadu Buhari has approved the release of over US$ 50M to boost efforts to complete sections I-IV of the ongoing East-West Road project in Nigeria by  Read More..

Posted on : 15 Jul,2020


UGANDA GOVERNMENT APPROVES US$ 376M FOR MALABA – KAMPALA METER-GAUGE RAILWAY REFURBISHMENT

The national government of the Republic of Uganda has approved US$ 376M for the 215km Malaba – Kampala meter-gauge railway refurbishment project.   An additional investment of over US$  Read More..

Posted on : 15 Jul,2020


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