Latest Business News - Africa

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


Kenya government to build bus stops and footbridges in Nairobi.

In bid to enhance safety for road users and improve service and access roads to facilitate evacuation and traffic movement in Kenya, the Kenya Urban Roads Authority (KURA) is planning to construct  Read More..

Posted on : 11 Feb,2019


Look no further than East Africa for the next big investment

Where to Invest in Africa 2019? RMB has the answer.  The East African countries of Kenya, Rwanda, Ethiopia and Tanzania will be among Africa’s most attractive investment destinations in  Read More..

Posted on : 07 Feb,2019


Kenya to secure US $647m for 100,000 housing units

Kenya has confirmed to raise a whopping US $647m to deliver at least 100,000 affordable housing units across the country as part of United Nations Office for Project Services (UNOPS) and the Kenyan  Read More..

Posted on : 05 Feb,2019


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