Latest Business News - Africa

Tanzania's Port Construction Begins

The foundation stone has been laid for the construction of a US$20m inland port in Tanzania. Tanzanian Prime Minister Kassim Majaliwa laid the foundation stone for the new port on Lake Tanganyika,  Read More..

Posted on : 15 Jul,2020


US$ 50M TO BOOST EFFORTS TO COMPLETE EAST-WEST ROAD PROJECT IN NIGERIA

The government of Nigeria, led by President Muhammadu Buhari has approved the release of over US$ 50M to boost efforts to complete sections I-IV of the ongoing East-West Road project in Nigeria by  Read More..

Posted on : 15 Jul,2020


UGANDA GOVERNMENT APPROVES US$ 376M FOR MALABA – KAMPALA METER-GAUGE RAILWAY REFURBISHMENT

The national government of the Republic of Uganda has approved US$ 376M for the 215km Malaba – Kampala meter-gauge railway refurbishment project.   An additional investment of over US$  Read More..

Posted on : 15 Jul,2020


CONSTRUCTION OF SELANDER BRIDGE IN TANZANIA OVER 40% PERCENT COMPLETE

 The ongoing construction of the US$ 112.8 M Selander Bridge project in Dar es Salaam, Tanzania is reportedly over 40% percent complete.   This was revealed by Tanzania National Roads  Read More..

Posted on : 15 Jul,2020


Construction plans begin for Tanzania’s Sinoma cement plant

A new mega cement plant is set to be constructed in Tanzanian city of Tanga, a move that promises cutthroat competition in an industry that is already facing a myriad of challenges such as price  Read More..

Posted on : 15 Jul,2020


Kenya getting ready for the future with large-scale public-private projects

 The public-private partnership (PPP) model will be at a great advantage by the end of the fiscal year 2020/21. Kenya wants to make itself ready for the future and is planning to introduce US  Read More..

Posted on : 18 Mar,2020


USD 39 million investment from UKCI makes Kenya's affordable housing program go full swing

The UK Climate Investment (UKCI) is going to invest USD 39 million into Kenya’s affordable housing program to boost the availability of housings to Kenya’s upcoming urban populations. The  Read More..

Posted on : 10 Feb,2020


USD 6 million funds to revive the construction of Thiba Dam project released

The Kenya government is going to revive the construction of Thiba Dam with funding of USD 6 million, which was stopped last year due to a lack of funds. The Strabag Company stated that they have  Read More..

Posted on : 10 Feb,2020


THE 3RD ETHIOPIA INTERNATIONAL TRADE EXHIBITION 2020 AT ADDIS ABABA

 The 3rd edition of Ethiopia International Trade Exhibition is back at Millennium Hall in Addis Ababa, the one place to source new products, services and technology from around the world. The 3  Read More..

Posted on : 28 Jan,2020


USD 5 billion airport to be constructed by Ethiopia Airlines this year: CEO

Ethiopia Airlines is planning to construct an airport with a budget of USD 5 billion later this year, said by its Chief Executive Officer Tewolde Gebremariam. The step has come out as the growing  Read More..

Posted on : 16 Jan,2020


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