Latest Business News - Africa

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

Ethiopia construction industry bullish on growth

East Africa is witnessing a construction boom. Not falling behind its neighbours Kenya, Tanzania and Rwanda, infrastructure development and housing projects generously cover the landscape of modern  Read More..

Posted on : 10 Nov,2018

Tanzanian economy expected to grow rapidly in 2018-19

President John Magufuli's government has pledged to increase public investment in infrastructure projects, including a standard gauge railway, new roads, power plants and expansion of port  Read More..

Posted on : 25 Oct,2018

Construction of Ethiopia’s Berbera Port set to kick start this October

Construction works for the Berbera Port in Ethiopia has been rescheduled to kick start this October following a multi billion dollar agreement, signed between Somaliland president Musa Behi Abdi and  Read More..

Posted on : 12 Oct,2018

East Africa infrastructure construction to grow sharply over next 5 years

East Africa infrastructure construction is expected to grow sharply over the next 5years with Ethiopia, Kenya and Tanzania, expected to invest US $98.8bn in 2022, from US $25.9bn in 2017 according to  Read More..

Posted on : 12 Oct,2018

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

Exhibitions In Africa

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