Latest Business News - Africa

Nigerias National Housing Scheme begins in 33 states

 The Federal Government of Nigeria recently commenced construction of houses in 33 states for workers under its National Housing Scheme. This is according to the Minister of Power, Works and  Read More..

Posted on : 31 Aug,2017


Acorn Group and Helios to construct US$ 68m hostels in Kenya

 3,800 hostels worth US$ 68m are set to be constructed in Nairobi, Kenya. The project will help bridge the current student housing gap in the country.   Acorn Group and UK- based private  Read More..

Posted on : 28 Aug,2017


Mauritus to construct a second passenger terminal

 The government of Mauritus has announced it is going to construct a second passenger terminal. Construction work on the terminal is to commence in 2019 and end in 2020. The project aims to  Read More..

Posted on : 28 Aug,2017


Liberian power utility cancels electricity connection fee

 The Liberia Electricity Corporation has decided to remove the upfront service connection fee  to increase electricity access in the country.   New customers were paying $55 as  Read More..

Posted on : 28 Aug,2017


Construction of hydro power plant in Nigeria halfway complete

 The US$ 1.3m Zungeru hydroelectric power plant in Nigeria is now 47% complete; this is according to China National Electric Engineering Co., Ltd. (CNEEC)   The Deputy Project Manager,  Read More..

Posted on : 28 Aug,2017


Nigeria to work on delivery cost reduction in affordable housing

 Aspects such as cost of housing finance, imported building materials, land use and tenure system highly influence affordable housing costs. Furthermore, lack of basic infrastructure and other  Read More..

Posted on : 28 Aug,2017


Abuja Rail Mass Transit Project set for commissioning in December

 Nigeria’s phase one of Abuja Rail Mass Transit Project set for commissioning in December 2017. This is according to the China Civil Engineering Construction Corporation,  Read More..

Posted on : 28 Aug,2017


Zimbabwes Solar for Rural Clinics Project Gets Government go ahead

 Zimbabwean Government supports solar installations at all its rural clinics to reduce challenges of power cuts and recurring costs associated with generator use; a senior Government official  Read More..

Posted on : 28 Aug,2017


Egypt set to construct a meat processing plant in Tanzania

 Egypt has confirmed that it will be constructing a mega meat processing plant in Tanzania. This will provide a relief to livestock keepers since they will be able to sell their livestock at  Read More..

Posted on : 28 Aug,2017


Construction of new power plant project in Guinea commences

 The construction of a new power plant project in Guinea has commenced. The plant will increase energy control efforts, add power to the country and stabilize the national electric  Read More..

Posted on : 28 Aug,2017


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