Latest Business News - Africa

Tanzania: Stock Market Picking Up Steadily

THE shilling has depreciated to the lowest level since January after crossing the 1,600/- mark against the US dollar last week, due to high demand by the industrial and service sectors. Since the  Read More..

Posted on : 30 Nov,-0001


Nigeria: Stock Market Inches Up By 0.15 Percent

Trading activities on the floor of the Nigerian Stock Exchange (NSE) yesterday opened the week in the green, as the twin market indicators, the market capitalisation and the All-Share Index rose  Read More..

Posted on : 30 Nov,-0001


Rwanda: MPs Approve Rwf96 Billion Loans for Roads

Parliament has ratified three agreements paving way for government to borrow on concessional terms to the tune of USD 153 million (Rwf96 billion) for the construction of the Rusizi – Karongi  Read More..

Posted on : 30 Nov,-0001


Gambia: Lamin Airport Inaugurates New School

The community of Lamin Airport in the Kombo North District of West Coast Region recently inaugurated a newly built two-classroom block during a ceremony held at the said village.   The  Read More..

Posted on : 30 Nov,-0001


Namibia: Over N$15 Million Raised for Unam Campus

MORE than N$15 million was raised for the construction of the University of Namibia's southern campus on Tuesday evening.   Construction of the southern campus at Keetmanshoop is set to start  Read More..

Posted on : 30 Nov,-0001


Mozambique: Contacts Under Way for Building a Refinery

Maputo - The Mozambican government’s Institute for the Management of State Holdings (IGEPE) is in contact with potential investors interested in building an oil refinery in  Read More..

Posted on : 30 Nov,-0001


Contractor Stalls Water Project in Sumbawanga

THE Board for Sumbawanga Water and Sewerage Authority (Suwasa) has urged the Ministry of Water to intervene between the Authority and a contractor who has failed to implement a water project  Read More..

Posted on : 30 Nov,-0001


Beer Company in Sh2.5 Billion Expansion Plan

Keroche Breweries has embarked on a Sh2.5 billion expansion of its Naivasha brewery. This is party of the company's plans to boost its market share to 24 per cent by 2014.   The ultra-modern  Read More..

Posted on : 30 Nov,-0001


Gauteng Hospitals Get Maintenance Help

A team of professionals responsible for maintenance of all equipment will now be stationed at four hospitals in South Africa’s Gauteng province, Infrastructure Development MEC Qedani Mahlangu  Read More..

Posted on : 30 Nov,-0001


FG to Spend U.S.$1.6 Billion On Refineries Maintenance

Lagos – The Federal Government is to spend not less than $1.6 billion for the turnaround maintenance (TAM) of its three refineries located in Port Harcourt, Warri and Kaduna, Minister of  Read More..

Posted on : 30 Nov,-0001


Exhibitions In Africa

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