Latest Business News - Africa

Modern maternity centre to be constructed in Eritrea

 A US$ 3.2m modern maternity centre is currently under construction in Eritrea. The construction project is in the premises of Keren Hospital.   Gedem Construction Company is the company  Read More..

Posted on : 05 Sep,2017


The rehabilitation of the R28 road in South Africa has commenced

 The rehabilitation of the R28 road in South Africa has commenced. However, the Gauteng Department of Roads and Transport has appealed to motorists using the road to exercise patience and  Read More..

Posted on : 31 Aug,2017


Cat dealer, Barloworld appointed to supply a 7MW solar plant in Namibia

 Cat dealer, Barloworld in conjunction with Caterpillar is set to supply supply engineering, procurement and construction services to the 7MW solar power plant at the Otjikoto mine, in Namibia;  Read More..

Posted on : 31 Aug,2017


U.S Invests U.S$50 Million in Nigeria’s Clean Energy Projects

 The United States has invested over $50 million in clean energy projects across 18 states in Nigeria. Mr. Brent E. Omdahl, the Head of U.S Commercial Service Unit, United States Trade and  Read More..

Posted on : 31 Aug,2017


Zambia government invest US$1bn for the development of aviation infrastructure

 The government of Zambia is investing US$1bn for the development of aviation infrastructure in the country to increase aviation activities. Plans for a National Airline to ensure availability  Read More..

Posted on : 31 Aug,2017


450MW Karpowership to arrive in Ghana

 Ghana is anticipating the arrival and connection of a 450MW Karpowership. According to the African Centre for Energy policy (ACEP), it is expected to improve the current power supply  Read More..

Posted on : 31 Aug,2017


Capacity Building Crucial to Water Sector Development in Ethiopia

 Ethiopia Water Technology Institute (EWTI) says development in the water sector is important to properly use the nation’s water resources. The Institute further emphasizes that  Read More..

Posted on : 31 Aug,2017


Nigerias Zungeru hydroelectric power plant, 47% complete

 CNEEC-Sinohydro Consortium, has made a confirmation that the Zungeru hydroelectric power plant project in Nigeria is now 47% complete. CNEEC is in-charge of the development of the 700MW power  Read More..

Posted on : 31 Aug,2017


Re-construction of Kenyatta Stadium in Machakos begins

 The upgrade of the Kenyatta Stadium in Machakos, Kenya has begun. This is ahead of the African Nations Championship (CHAN) that will take place in the country in 2018.   A team from the  Read More..

Posted on : 31 Aug,2017


Japans Kansai Paints takes over Sadolin Group in Kenya for US$99mn

 Kansai Paints Co., a Japanese paint and coating manufacturer has acquired 90% stake in Sadolin Group for US$100mn. However, the regional acquisition leaves local shareholders holding the  Read More..

Posted on : 31 Aug,2017


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