Latest Business News - Africa

Tanzania: Pemba to Construct Under Water Room

Zanzibar – IN efforts to attract high class tourists and boost tourism sector, investors in Zanzibar have started constructing under water room. “This is a pilot project; we are  Read More..

Posted on : 30 Nov,-0001

Kenya, Uganda issue tenders to build oil pipeline

The governments of Kenya and Uganda have issued tenders for the construction of a 350 km oil pipeline linking the Kenyan town of Eldoret to the Ugandan capital Kampala. The Kenya-Uganda oil pipeline  Read More..

Posted on : 30 Nov,-0001

GM consolidates Africa business, appoints PE-based MD

US car maker General Motors (GM) announced on Tuesday that it was consolidating its sub-Saharan Africa and North Africa operations into a new unit, GM Africa, effective immediately. Mario  Read More..

Posted on : 30 Nov,-0001

Cement demand hits monthly peak

Increased activity in Kenya’s property market in recent years has pushed up cement production to about 400,000 metric tons per month.   In January 2012, the country’s cement  Read More..

Posted on : 30 Nov,-0001

Procter & Gamble CEO: Africa 'Next Frontier' for Business

In corporate boardrooms and global-investment seminars, more CEOs and business leaders are talking about Africa. That was evident at a recent New York Stock Exchange investor conference, where along  Read More..

Posted on : 30 Nov,-0001

Tanzania: Dar Registers Increased Investment

GRANTS, foreign direct investment and external borrowing contributed to a 402 million US dollars (about 643.2bn/-) surplus in the country's balance of payment for the year ended November  Read More..

Posted on : 30 Nov,-0001

Liberia: City Construction CEO Gets Top Award

The Chief Executive Officer (CEO) of one of Liberia's leading construction companies, City Construction Inc. has been awarded the Outstanding Entrepreneur award of the year 2012. The Africa Watch  Read More..

Posted on : 30 Nov,-0001

House team clears sale plan for Hilton and InterCon hotels

Two leading global hotel chains have been cleared to acquire substantial interests in the Hilton and InterContinental hotels in Nairobi.   The green light follows a proposal by the Treasury to  Read More..

Posted on : 30 Nov,-0001

Tanzania: Digital TV Relay Launch Tonight

AS analogue transmission is officially switched off in Dar es Salaam effective today, service providers are working day and night to make sure other eight regions switch on to digital transmissions  Read More..

Posted on : 30 Nov,-0001

Mining shares give JSE a good nudge

Mining shares nudged the JSE all-share index up just after noon on Thursday‚ as the SA share market looked set to wrap up the year on solid ground.   At 12.35pm‚ the all share  Read More..

Posted on : 30 Nov,-0001

Exhibitions In Africa

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