Latest Business News - Africa

Firm to Build U.S. $100 Million Wind Power Initiative

Nairobi –  Global infrastructure development giant General Electric Company (GE) last week announced a grand plan of investing some $100 million towards power generation in Kenya over the  Read More..

Posted on : 30 Nov,-0001


Uganda: Govt Starts U.S.$476 Million Highway

Kampala - The construction of the long awaited Kampala-Entebbe Expressway, a four-lane dual- carriage toll-road linking Kampala to Entebbe Airport, commenced after it was commissioned early last  Read More..

Posted on : 30 Nov,-0001


Kenya: Laws to Make Houses Cheaper

The Housing ministry is working on new laws that will make houses cheaper, minister Soita Shitanda has said. Shitanda said the bill if passed will make owning a house affordable for the lower and  Read More..

Posted on : 30 Nov,-0001


Tanzania: Vice-President Opens Mpanda Airport

Mpanda - VICE-PRESIDENT, Dr Mohamed Gharib Bilal officially opened the newly refurbished Mpanda airport. The vice-president expressed his delight at the beauty of the newly rehabilitated  Read More..

Posted on : 30 Nov,-0001


Yanga, Chinese Firm Sign Stadium Construction Deal

MAINLAND soccer giants, Yanga, have signed an initial agreement with Chinese firm, Beijing Construction Engineering Group, for the construction of the former's Kaunda Stadium.   The agreement  Read More..

Posted on : 30 Nov,-0001


Nigeria: Gombe Govt Awards N30 Billion Road Contract

Gombe State Government awarded contract for the construction of 52 roads at a cost of N30 billion in almost two years, Commissioner of Works and Infrastructure, Alhaji Shehu Hadi said  Read More..

Posted on : 30 Nov,-0001


Tanzania: Mwanza Plans Ultra Modern Shopping Mall

THE construction of ultramodern shopping mall complex has taken off in Mwanza city.   The project manager Engineer Koyoya Fuko said here that the work began on Monday, this week and it is a  Read More..

Posted on : 30 Nov,-0001


Eritrea: Dam in Adi-Teklai Reconstructed At 3.4 Million Nakfa

Asmara - The dam in Adi-Teklai area, Central region, has been upgraded to triple capacity at an expenditure of 3.4 million Nakfa. Reports further disclosed that the 2Km-long dirt road has also been  Read More..

Posted on : 30 Nov,-0001


Nigeria: Federal Government Approves 30 Years Infrastructure Plan

The Federal Government has approved framework for development of a national integrated infrastructure master plan.   Information Minister Labaran Maku yesterday told State House correspondents  Read More..

Posted on : 30 Nov,-0001


Kenya: GE to Construct Wind Power Plant

Nairobi - Global infrastructure development giant General Electric Company (GE) last week announced a grand plan of investing some $100 million towards power generation in Kenya over the next one  Read More..

Posted on : 30 Nov,-0001


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