Latest Business News - Africa

Addis Ababa emerges as the world's gateway into Africa

In the past few months thanks to major political reforms and relaxed visa rules, Ethiopia has arised as a destination and a transfer hub for long-haul travel to sub-Saharan Africa in 2018. Data from  Read More..

Posted on : 21 Jan,2019

Ethiopian Airlines to inaugurate US $65m five-star hotel

Ethiopian Airline is scheduled to launch US $65m Ethiopian Skylight Five Hotel this month. This is according to statements made by the Airline’s Head of Infrastructure Planning and Development,  Read More..

Posted on : 23 Jan,2019

Tanzania to build new Wami Bridge at US $30m

Government of Tanzania is set to construct a new bridge on the Wami Riverin Bagamoyo District at a cost of US $30m. Regional Maintenance Manager Engineer of Tanzania National Roads Agency  Read More..

Posted on : 18 Jan,2019

Egypt to commence construction of the Grant Square Mall of NAC

Construction works on the Grant Square Mall in Egypt’s first integrated smart city famously known as the New Administrative Capital (NAC), is set to commence with a total investment estimated  Read More..

Posted on : 15 Jan,2019

East Africa construction industry outlook promising-report

The total number of projects in East Africa has risen by a substantial 96% between 2017 and 2018 with an equally substantial increase of 167% in the total US dollar value of projects, a new report  Read More..

Posted on : 14 Jan,2019

Dam construction in Tanzania to be acquired by Egypt

Egypt has confirmed that it is taking over construction of Tanzania’s Stiegler’s Gorge hydroelectric power station after its consortium, consisting of Elsewedy Electric and the Arab  Read More..

Posted on : 10 Jan,2019

Ethiopia to host Buildexpo Africa Exhibition

The Buildexpo Ethiopia Exhibition will be held from 21 – 23 March 2019 in Addis Ababa. The event is focused on catering to the demand for quality building and construction – equipment,  Read More..

Posted on : 05 Mar,2019

Ethiopia's new USD 120 Million Conference Center in Addis Ababa

In a contract signed in Addis Ababa Sheraton hotel, CGCOC from China has been awarded a contract to build the first phase of the $120 million Addis–Africa International Convention and  Read More..

Posted on : 12 Dec,2018

Govt set to construct Down UB market in Luapula Province, Zambia

The government of Zambia along with Zambia National Service have signed a US $127k deal to construct Down UB market in Mansa in the Luapula Province. During the signing ceremony that took place in  Read More..

Posted on : 10 Dec,2018

US$70m upgrade to be done at MOI international Airport

The government of Kenya has decided to fund the Moi International Airport upgrade project in Mombasa costing US $70m, in bid to improve the airport’s safety and efficiency. During the  Read More..

Posted on : 07 Dec,2018

Exhibitions In Africa

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