Latest Business News - Africa

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


ENS expands its footprints into Africa

Africa's largest law firm, Edward Nathan Sonnenbergs (ENS), has opened another fully-integrated office in Africa.   Synergy Solicitors & Advocates of Uganda will join the law firm in  Read More..

Posted on : 30 Nov,-0001


Liberia: Western Cluster Sold for Over U.S.$123.5 Million

Despite the controversy and clamoring over the decision by the Liberian government to award the western cluster to the Israeli mining firm, Elenilto, there are confirmed reports that the company has  Read More..

Posted on : 30 Nov,-0001


Cameroon: Japan to Construct 18 Primary Schools in North West

People of the North West Region came out in their numbers to witness the laying of the foundation stone for the construction of some schools and classrooms in Government Primary School, Ngomgham. The  Read More..

Posted on : 30 Nov,-0001


Nation Earns U.S.$305 Million From Extractive Industries

DAR ES SALAAM, Tanzania's compliance with the Extractive Industries Transparency Initiative (EITI), which promotes greater transparency and accountability in managing oil, gas and mining sectors, is  Read More..

Posted on : 30 Nov,-0001


Nigeria: Grand Towers to Build Mall in Minna

Grand Towers Plc, and the Niger State government have signed a Memorandum of Understanding (MOU) on the building of a grand towers mall in Minna. The project was facilitated by the Director General  Read More..

Posted on : 30 Nov,-0001


Angola: Government to Build University Campus in Lunda-Norte

Dundo – The construction of a university campus of the Lueji A Nkonde University and three community libraries are part of the package of the government of north eastern Lunda-Norte province,  Read More..

Posted on : 30 Nov,-0001


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


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