Latest Business News - Africa

Kenya: Sh1 Billion Project to Increase Water Supply in Eldoret

The World Bank is to spent more than Sh1 billion to expand water supply programmes in Eldoret and its environs. Eldoret Mayor William Rono says the Chebara Water Dam in Marakwet which supplies water  Read More..

Posted on : 30 Nov,-0001

Zimbabwe: Bidders Invited for Batoka Hydropower Plant

THE Zambezi River Authority has invited bids for the construction of a 1 600 megawatts hydro power plant at the Batoka Gorge, the authority said yesterday. ZRA, a statutory body jointly owned by  Read More..

Posted on : 30 Nov,-0001

Kenya: Uganda's Umeme Gets Approval to List On NSE

The Capital Markets Authority (CMA) has given the green light for the listing of Ugandan power distributor Umeme Limited’s shares on the Nairobi Securities Exchange, barely weeks after the firm  Read More..

Posted on : 30 Nov,-0001

Rwanda: Bk Wins Fourth Bank of Year Award, Launches Express Money

It has been indeed a successful year for Bank of Kigali, Rwanda’s largest financial institution by market share of total assets, loans, deposits after scooping the Bank of the Year 2012 Award  Read More..

Posted on : 30 Nov,-0001

South Africa: Establishment of Two New Universities Forging Ahead

Pretoria – Government has expressed confidence in the consultation process regarding the establishment of two new universities in Mpumalanga and the Northern Cape, with construction expected to  Read More..

Posted on : 30 Nov,-0001

Africa: FTC's Noble Wins Two Unilever Awards

Stuart Noble, a director of the Financial Training Corporation (FTC), which is part of the BDO Group, has won two awards for financial training conducted for Fast Moving Consumer Goods (FMCG) company  Read More..

Posted on : 30 Nov,-0001

Ethiopia and Japan Sign a 310 Million Birr Grant Agreement

Ethiopia and Japan signed a 310 million birr agreement on Wednesday (December 5th) at the Ministry of Finance and Economic Development in Addis Ababa. The agreement was signed by Ahmed Shide, State  Read More..

Posted on : 30 Nov,-0001

Ethiopia: China to Put U.S.$1.4 Billion in Railway Pouch

Ethiopian officials have succeeded in winding up a deal with their counterparts in China that involves a 1.4 billion dollars in loans, which will be used to finance the national railway project,  Read More..

Posted on : 30 Nov,-0001

Uganda: New Vision Journalist Wins Award

A New vision journalist Gladys Kalibala has been awarded by Edutainment Africa Awards. Kalibala a writer received the accolade for candidly and empathically addressing issues of society through her  Read More..

Posted on : 30 Nov,-0001

Government to Develop 150 Rail Level Crossings Mid-December

The government decided to upgrade 150 rail level crossings mid-December along with another 171, said Minister of Housing and the official in charge of supervising the Ministry of Transport Tareq  Read More..

Posted on : 30 Nov,-0001

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