Latest Business News - Africa

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

Accra SkyTrain project contract of US $3bn signed by Ghana

The government of Ghana along with South African firm Africa Investment (AI) have signed a Memorandum of Understanding (MoU), to construct the Accra Sky Train project at a whopping cost of US  Read More..

Posted on : 04 Dec,2018

KONE Primed To Gear Up Global Trade Centre In Nairobi, Kenya

A global leader in the elevator and escalator industry,KONE Corporation, has won an order to provide elevators for the Global Trade Center in Nairobi which has been envisioned as a high-rise building  Read More..

Posted on : 23 Nov,2018

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