Latest Business News - Africa

USD 494 million double decker highway for Nairobi, Kenya

According to Transport Cabinet Secretary James Macharia, Nairobi Kenya's first double decker highway road is set to begin construction works in September. Delayed for nearly a decade with the first  Read More..

Posted on : 13 May,2019


ADB Approves $70m Loan for Road Project in Nigeria

The African Development Bank Group has granted approval of $70m loan for a road project in Ebonyi State, Nigeria. The bank is directly providing $40m, while its co-financier, the Africa Growing  Read More..

Posted on : 30 Apr,2019


Rwanda makes it easier to invest and secure construction permits

The process of securing construction permits and spur investments is expected to become much easier in Rwanda as the City of Kigali and the Rwanda Housing Authority as well as the Rwanda Development  Read More..

Posted on : 29 Apr,2019


USD 168 million Nairobi ring road project enters fourth phase

The construction of a US $168 milliom Western Bypass has started. In an announcement the Kenya National Highways Authority (KenHa) and the Ministry of Transport have said that the project is the  Read More..

Posted on : 24 Apr,2019


Kenya to sign deal for the US $3bn Nairobi-Mombasa expressway project

Kenya is set to sign the US $3bn deal with USA for the construction of Nairobi-Mombasa expressway this month. US Ambassador to Kenya Kyle McCarter announced the reports and said the deal will pave  Read More..

Posted on : 12 Apr,2019


East Africa portrays solid monetary development says AfDB report

Economic growth in East Africa is soaring ahead of other regions on the continent at close to 7 percent while the overall outlook for the rest of Africa is cautious, but positive, a report  by  Read More..

Posted on : 08 Apr,2019


Cost effective solutions at Roofexpo Kenya 2019

The 22nd Buildexpo Kenya to be held from 4th to the 6th of July at KICC this year will launch a parallel event for the roofing industry “ Roofexpo East Africa “. The event will serve as a  Read More..

Posted on : 02 Apr,2019


Rwanda secures USD 80 Million from India for school construction

The government of Rwanda has secured funding for the construction of 10 specialized Technical and Vocational Education and Training (TVET) schools across the country. The financing is being supported  Read More..

Posted on : 01 Apr,2019


Friendship City project in Nairobi gets SEZ status

The construction of Friendship City and joint venture between Kenya and China at a cost of USD 2 billion, is expected to start later this year. The Chinese firm Damei Investment Company and  Read More..

Posted on : 01 Apr,2019


Buildexpo Africa returns to Rwanda in May 2019

To be held from 23rd May to 25th May, Buildexpo, the biggest series of building events in Africa is all set for a comeback in Kigali Rwanda. Supported by the Rwanda Development Board this event will  Read More..

Posted on : 27 Mar,2019


Exhibitions In Africa

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