Latest Business News - Africa

Biggest construction trade exhibition announced in Nairobi at KICC

The 25th BUILDEXPO KENYA 2024 has been scheduled from the 05th to 07th June 2024 at the Kenyatta International Convention Center (KICC) in Nairobi. This is the biggest international trade event in  Read More..

Posted on : 06 Dec,2023


President Ruto's Vision of Affordable Housing Projects Taking Shape in Kenya

As the Kenya Kwanza Government's affordable housing initiatives take shape, over 40,000 housing units are ready for ground-breaking. President William Ruto stated that housing is a transformational  Read More..

Posted on : 15 Nov,2023


Ethiopia Receives $720 Million in Funding for Road Construction Project

The International Development Association (IDA) plans to provide Ethiopia $720 million to build the infrastructure it needs in an effort to improve the road connection between Addis Ababa and  Read More..

Posted on : 23 Oct,2023


$3.24 Billion to be Invested in Tanzania SGR Construction by Spain

Tanzania SGR project foresaw another major step as country of Spain via Export Credit Agency has shown interest in the funding of of the Standard Gauge Railway (SGR) construction project by issuing  Read More..

Posted on : 29 Sep,2023


Ksh700 Billion to be Invested to Complete Pending Kenyan Road Projects

The Kenyan government will allocate additional Ksh700 billion funds to the Kenyan Roads Projects in order to complete the country's ongoing road development projects. The former president of the  Read More..

Posted on : 12 Sep,2023


$13.8 Billion Kenya-Ethiopia Railway Construction Plans Resume

Kenya-Ethiopia Railway construction will foresee resumption as the Government of Kenya has resumed its construction plans that are set to begin in the year 2025 to construct the high-speed electric  Read More..

Posted on : 24 Aug,2023


Lake Victoria Basin Project Receives Sh355 Million for Phase II Constructions

The East African Community (EAC) has set aside Sh355 million to wrap up the Lake Victoria Basin Commission (LVBC) headquarters in Kisumu.   Dr Masinde Bwire, Executive Secretary (ES) of the  Read More..

Posted on : 01 Aug,2023


Zanzibar Signs a USD 428 Million Agreement to Expand Pemba Airport

The Revolutionary Government of Zanzibar (SMZ) and UK Export Financing (UKEF) signed a USD 428 million agreements to expand Pemba Airport. These agreements also include the construction of several  Read More..

Posted on : 28 Jun,2023


Tanzania government plans to construct 2000 kilometres of roads in 2023

Tanzania is planning to build around 2000 kilometres of roads by 2023. Prof. Makame Mbarawa, Minister of Works and Transport, made the announcement. In June 2023, the project contracts will be  Read More..

Posted on : 06 Jun,2023


Project to Build a Dual Carriageway on Kiambu Road in Kenya

According to the Ministry of Roads and Transport, preparations are moving forward for the project to widen the Kiambu Road in Kenya.   According to reports, Kenya Urban Roads Authority (KURA)  Read More..

Posted on : 27 Apr,2023


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