Latest Business News - Africa

KPA To Construct A Container Terminal At The Mombasa Port

 The Kenya ports Authority (KPA) is securing US$ 339.2m loan from the Japanese government to finance phase two of the container terminal project. Construction work at the port is set to start in  Read More..

Posted on : 16 Oct,2017

US$ 13m FCB Mihrab Opens Shop In Nairobi

 FCB Mihrab which cost US$ 13m has opened to the public. The building portrays Islamic values and is ready for occupation.   The building is located on Lenana Road in Kilimani, Nairobi  Read More..

Posted on : 13 Oct,2017

Hilton Plan To Open 100 Hotels In Africa

 The Sh5.2 billion ($50 million) plan to open about 100 hotels in Africa over the next five years has brought Hilton to rebrand Nairobi’s Amber Hotel.   Hilton, in a statement  Read More..

Posted on : 12 Oct,2017

Movenpick Hotels & Resorts- East Africa Expansion Plan

 Mövenpick Hotels & Resorts has marked another milestone in its Africa expansion strategy with construction work on the 160-key upscale Mövenpick Hotel Abidjan now  Read More..

Posted on : 12 Oct,2017

Wilo To Open Up Shop In Nairobi

 Germany’s water pumps and pump systems manufacturer, Wilo is set to open an assembly plant in Nairobi, Kenya. The plant has plans to serve the entire East African region.   Belete  Read More..

Posted on : 11 Oct,2017

Strandline Resources Mine Project Underway In Tanzania

 A definitive feasibility study (DFS) has been completed by Strandline Resources for the Fungoni heavy mineral sands project in Tanzania, with results of strong financial returns.   Based  Read More..

Posted on : 10 Oct,2017

Rwanda- Brewery To Be Set Up In Kamonyi

 A factory to brew sorghum beer which is locally known as 'Ikigage' and also a non-alcoholic drink, 'Ubushera', will be set up in Kamonyi District, according to the Board Chairman of Southern  Read More..

Posted on : 10 Oct,2017

Ethiopia- Gambella Airport Introduces A New US$1.3m Tower

  A US$1.3m advanced Air Traffic Control (ATC) tower that directs aircrafts during takeoff and landing has been installed by Ethiopia’s Gambella Airport. The tower was constructed by the  Read More..

Posted on : 09 Oct,2017

Ethio-Djibouti The Flagship Project Begins Full Ride Trials

 According to Dereje Tefera, Ethiopian Railways Corporation (ERC) Communication Services Head, any railway project has to undergo various checking and trails. Also, certification is required by  Read More..

Posted on : 06 Oct,2017

NSSF Uganda to Commission US$ 400m Housing Project

 The construction of the 2,740 unit housing project in Lubowa, Wakiso district in Uganda has been officially commissioned by The National Social Security Fund (NSSF).   The project will  Read More..

Posted on : 05 Oct,2017

Exhibitions In Africa

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