Latest Business News - Africa

Expansion of US $2bn Rironi-Mau Summit highway in Kenya to begin in September

 Expansion works on the US $2bn Rironi-Mau Summit highway in Kenya is set to begin in September this year. This is according to Transport Cabinet Secretary James Macharia. “We are set  Read More..

Posted on : 09 Jul,2021


Kenya will receive a $750 million loan from the World Bank to develop its infrastructure.

 The World Bank has decided to fund the expansion of Kenya's road and other connectivity networks with a $750 million loan from the International Development Association (IDA).   The IDA  Read More..

Posted on : 09 Jul,2021


Tanzania's construction industry has grown tremendously in recent years.

 Tanzania's dramatic growth in building activity is obviously a marvelous sight to see as the country's infrastructural progress has risen.   Tanzania's building sector has seen rapid  Read More..

Posted on : 11 Jul,2021


MoU signed for construction of road linking Ethiopia to Berbera in Somaliland

The government of Ethiopia through the Ministry of Transport and Dubai Ports (DP) World, a leading global provider of end-to-end logistics solutions, have signed a Memorandum of Understanding (MoU)  Read More..

Posted on : 09 Jul,2021


Affordable homes budget doubles to Sh8bn in Uhuru’s last year in office

 Budget estimates tabled in Parliament show that Sh8 billion has been allocated for the affordable units in the year starting July.   Treasury has doubled the allocation for construction  Read More..

Posted on : 11 Jul,2021


Construction of East Africa’s largest wastewater treatment plant almost complete

 The Government of Uganda through the National Water and Sewerage Corporation (NWSC) is putting final touches to East Africa’s largest wastewater treatment plant. The Bugolobi-Nakivubo  Read More..

Posted on : 11 Jul,2021


Tanzania President Samia Suluhu visits Kenya in bid to improve relations

Tanzania President Samia Suluhu says her visit to Kenya on May 4th is aimed at cementing the historical friendship and brotherhood that exists between the people of the two  Read More..

Posted on : 11 Jul,2021


Major projects in Tanzania all set to boost the economy by 2025

Eastern Africa countries have amplified investment in infrastructure projects in the past 5 years with Tanzania leading in terms of the value and number of projects that broke ground by June last  Read More..

Posted on : 11 Jul,2021


Construction of US $42m new Makupa Bridge in Mombasa, Kenya begins

 The Kenya National Highways Authority (Kenha) has begun construction of the US $42.1m new Makupa bridge in Mombasa. The 457m long bridge will replace the historic Makupa causeway that links  Read More..

Posted on : 11 Jul,2021


Long-stalled US $30bn LNG project in Lindi Tanzania to be revived

The newly sworn-in Tanzania President Samia Suluhu Hassan is set to revive the long-stalled US $30bn liquefied natural gas LNG project in Lindi Tanzania. The project was sidelined under the  Read More..

Posted on : 11 Jul,2021


Exhibitions In Africa

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