Latest Business News - Africa

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


CONSTRUCTION OF SELANDER BRIDGE IN TANZANIA OVER 40% PERCENT COMPLETE

 The ongoing construction of the US$ 112.8 M Selander Bridge project in Dar es Salaam, Tanzania is reportedly over 40% percent complete.   This was revealed by Tanzania National Roads  Read More..

Posted on : 15 Jul,2020


Construction plans begin for Tanzania’s Sinoma cement plant

A new mega cement plant is set to be constructed in Tanzanian city of Tanga, a move that promises cutthroat competition in an industry that is already facing a myriad of challenges such as price  Read More..

Posted on : 15 Jul,2020


Kenya getting ready for the future with large-scale public-private projects

 The public-private partnership (PPP) model will be at a great advantage by the end of the fiscal year 2020/21. Kenya wants to make itself ready for the future and is planning to introduce US  Read More..

Posted on : 18 Mar,2020


USD 39 million investment from UKCI makes Kenya's affordable housing program go full swing

The UK Climate Investment (UKCI) is going to invest USD 39 million into Kenya’s affordable housing program to boost the availability of housings to Kenya’s upcoming urban populations. The  Read More..

Posted on : 10 Feb,2020


USD 6 million funds to revive the construction of Thiba Dam project released

The Kenya government is going to revive the construction of Thiba Dam with funding of USD 6 million, which was stopped last year due to a lack of funds. The Strabag Company stated that they have  Read More..

Posted on : 10 Feb,2020


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