Latest Business News - Africa

Rwanda Investments Hit U.S.$1.1 Billion in 2012

EFFORTS by the government to ease doing business in Rwanda paid off this year with statistics from Rwanda Development Board (RDB) indicating a record US$ 1.1 billion worth of investment as of  Read More..

Posted on : 30 Nov,-0001


Zambia: Construction Triggers Growth in Cement Prices

RAPID growth in the construction sector and the temporary disturbance in production at Zambezi Portland Cement Factory in Ndola, coupled with high demand in the export market, have contributed to the  Read More..

Posted on : 30 Nov,-0001


Angola: Construction Works of Thermal Station to End in February 2013

Ondjiva - The construction works of Ondjiva thermal station in southern Cunene province, which started in July 2012, will be concluded in February 2013.   This was said to Angop on Wednesday  Read More..

Posted on : 30 Nov,-0001


Kenya: Real Estate Review for 2012, High Prospects for 2013

The year has surely come to the end, and what a tough one it was in the real estate sector holistically. It was a year in which prices for everything looked up and up, ranging from land, construction  Read More..

Posted on : 30 Nov,-0001


Angola: Hydroelectric Projects Spur Country's Development

Luanda - The materialisation of projects of construction, rehabilitation, modernisation and enlargment of dams in the country in 2012 by the Angolan government are considered added values to boost  Read More..

Posted on : 30 Nov,-0001


Ethiopia's Expenditure On Infrastructure Highest in Africa

Ethiopia is spending $US 1.3 billion, 10 per cent of its GDP, annually on infrastructural development. This is said to be easily the highest percentage in Africa, according to an article by writers  Read More..

Posted on : 30 Nov,-0001


Tanzania Tourist Board signs MoU with Ethiopian Airlines

ARUSHA -  The Tanzania Tourist Board (TTB) and Ethiopian Airlines (ET) signed a two-year Memorandum of Understanding (MoU) last week to promote Tanzania tourism worldwide in partnership with  Read More..

Posted on : 30 Nov,-0001


Lifan plans new assembly plant in Ethiopia

  Lifan Industry Group Co, a Chinese automaker, plans to spend $3.5 million moving into a new vehicle-assembly plant in Ethiopia next year as it seeks to expand in Africa, General Manager Liu  Read More..

Posted on : 30 Nov,-0001


Tanzania: Market Construction in Butimba to Cost Sh20 Million

CONSTRUCTION of a new market at Butimba ward in Nyamagana district, Mwanza region is expected to cost 20m/-. Butimba Ward Executive Officer Mr Rogasian Mrema said here that the construction is  Read More..

Posted on : 30 Nov,-0001


Tanzania: Banking Services Set to Transform Mtibwa

TO keep alive its promises, Bank of Africa opened yet another branch in Mtibwa, Morogoro region recently. The branch that becomes the 17th was opened by retired President Benjamin Mkapa within the  Read More..

Posted on : 30 Nov,-0001


Exhibitions In Africa

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