Latest Business News - Africa

Tanzania open for investments, aims for an industry driven economy

President John Magufuli has told sources that industrialisation is the main agenda for the government, stating very categorically that the fifth phase administration focuses on building an industry-  Read More..

Posted on : 09 Oct,2018

Hyundai East Africa Ltd. building a better future for Tanzania with Buildexpo Africa

 In November 2018, Hyundai East Africa Ltd., is participating at Buildexpo Africa– Tanzania to promote the state of the art Excavator R220LC-9S. As a Prime Platinum Exhibitor at the  Read More..

Posted on : 22 Sep,2018

7100 tonnes of rails imported from Japan for building the SGR

Maizo Mgedzi, the SGR project manager informed local media persons following this story that plans were underway to allow clearance of the rails that have been imported from Japan. A ship carrying  Read More..

Posted on : 21 Sep,2018

Rwanda affordable housing project launched

Rwanda Development Bank (BRD) has unveiled a housing project, which promises to ease the shortage of affordable housing in the country.   A certified study by the City of Kigali, the Ministry  Read More..

Posted on : 01 Sep,2018

Tanzania and South Korea signoff of multi billion dollar construction projects

Dar es Salaam  landscape is going change for the better in the coming months as the city adds another landmark project to its rapidly changing face.  According to sources, Dar es Salaam  Read More..

Posted on : 25 Jul,2018

South Korea reaffirms partnership with Kenya for affordable housing

Kenya’s dream of fast forwarding it's affordable housing agenda alongside other initiatives which include energy, agriculture and healthcare has received an enormous push after Prime Minister  Read More..

Posted on : 25 Jul,2018

US $215m project for boosting Dar es Salaam water supply

The Kidunda Dam water project in Morogoro Region Tanzania will begin in July 2018. the long awaited dam is being built to improve water supply in Dar es Salaam and Coast regions. The construction is  Read More..

Posted on : 07 Jun,2018

Upgrade of Kigoma Port in Tanzania to boost trade in East Africa

Kigoma is one of the busiest ports located on the north eastern Lake Tanganyika. Recently the Tanzanian government approved plans to create an economic zone at the port to boost trade as well as  Read More..

Posted on : 04 Jun,2018

China's Infrastructure Bank Takes Kenya Under its Wings

Kenya’s application to the China-led Asian Infrastructure Investment Bank (AIIB) has been accepted, making it the financial solution to Nairobi’s growing infrastructure needs.  Read More..

Posted on : 05 May,2018

Multi-storey premium hostels to be constructed in Kenya for students

In order to cater to an estimated 1,170(and growing) university and college students, two multi-story hostels are set to be constructed in Kenya. The initative was launched after a group of local  Read More..

Posted on : 23 Apr,2018

Exhibitions In Africa

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