Latest Business News - Africa

New Stadiums in Uganda - Kenya, Rwanda follow suite

The Ugandan government’s plan to construct four state-of-the-art stadiums was revealed recently by President Yoweri Museveni after the ground breaking ceremony of the first stadium in Fort  Read More..

Posted on : 28 Feb,2018


Tanzania paints a bright outlook for 2018 - More opportunities in the pipeline

State-run National Bureau of Statistics (NBS) said that faster growth in mining, natural gas and construction activities propelled Tanzania’s economy higher in the last quarter of 2017. East  Read More..

Posted on : 17 Feb,2018


Tallest residential apartments in Africa - 88 Nairobi Condominium Rising

Lordship Africa a prominent real estate development company has broken ground on what is planned to be the tallest private residential building in sub-Saharan Africa. Sitting on a two-acre piece of  Read More..

Posted on : 02 Mar,2018


US$ 2 billion private investment in Kenya - MMTC

Mwale Medical and Technology City (MMTC), a multi-billion shilling project is taking shape right in the heart of Kakamega County in Western Kenya. It is set to be a massive metropolis located in the  Read More..

Posted on : 19 Jan,2018


Construction work in full swing the tallest building in Africa

‘The Pinnacle’ in Nairobi, Kenya, with a height of 300m is on track to become the tallest skyscraper in Africa, easily exceeding South Africa’s 223m Carlton Centre. With the  Read More..

Posted on : 10 Jan,2018


Rwanda secures funds to support water and sanitation projects

The Rwandan government, Ministry of Finance and Economic Planning, has signed two financing agreements worth US $255.14m with the African Development Bank (AfDB) for the funding of water supply and  Read More..

Posted on : 03 Jan,2018


New City Housing Project in Ghana

President Nana Addo Dankwa Akufo-Addo broke ground for the commencement of the mega project the Appolonia City Housing Project which with 2,000 affordable housing units are set to be constructed in  Read More..

Posted on : 03 Jan,2018


Barlow Park development project is set to takeoff

Earth moving equipment and logistics multinational company Barloworld is working on an investment property set for redevelopment in South Africa. It has partnered with property development firm  Read More..

Posted on : 12 Dec,2017


4 million USD project confirmed in Kenya

Funguo Investments Ltd, a company partly-owned by parastatal ICDC is set to construct residential developments at a cost of US$ 4m in Kenya. Funguo Investments in an official statement, confirmed the  Read More..

Posted on : 12 Dec,2017


City Park Stadium Nairobi Gets New Lease of Life

The Fédération Internationale de Hockey (FIH) and Africa Hockey Federation (AHF) have handed a renovation contract to Greenfields and Naema Construction and Engineering Limited to  Read More..

Posted on : 12 Dec,2017


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