Latest Business News - Africa

Deal sealed for Africas tallest building

 The US$310.9m contract is for the 250m-tall Rabat Tower in Morocco. It had been agreed in May (link opens in new tab). The project involves construction of a complex featuring apartments,  Read More..

Posted on : 03 Aug,2017


Turkish construction giant mulls growth in Africa

 Turkish construction giant Yapı Merkezi hopes a $3 billion modern railway-line project it is building in Ethiopia and Tanzania will showcase its skills and make it a “trusted  Read More..

Posted on : 03 Aug,2017


Ugandan Government to Invest in Low Power Voltage Lines

 Uganda’s experts in the electricity industry have asked the government to invest more money in the development of retail low power voltage lines before commissioning of Isimba and Karuma  Read More..

Posted on : 02 Aug,2017


World Bank to fund construction of US$ 30m complex in Kenya

 The World Bank is set to fund the construction of a US$ 30m complex in Nairobi, Kenya that will be developed by Chinese firm, Aviation Industry Corporation of China (AVIC).   The mega  Read More..

Posted on : 02 Aug,2017


Demand for serviced apartments in Kenya surges

 Tourists who come to Kenya either for holidays or business purposes have set a trend in the demand for serviced apartments.   So much so that they are piling pressure on the few  Read More..

Posted on : 02 Aug,2017


A look at Discoverys new multi-million rand headquarters in Cape Town

 Financial services firm Discovery is set to relocate its Cape Town staff into a new office development in Century City.   Being developed by the Rabie Property Group at a cost of R460  Read More..

Posted on : 02 Aug,2017


Nigeria: Fashola Tasks Building Professionals On Global Competitiveness

 The minister of Works, housing and power, Babatunde Fashola has tasked professionals in the construction sector of the nation's economy to strive and get international certification in order to  Read More..

Posted on : 02 Aug,2017


Teens excel in bridge building

 THE South African National Roads Agency SOC Ltd (SANRAL) presented its third annual bridge building competition in Port Elizabeth during the July school holidays.   The event was hosted  Read More..

Posted on : 02 Aug,2017


Keeping Africa Moving

 Efficient transport networks enable access to goods, services and opportunities. Globally, countries invest in total between US$1.4-2.1tn annually in transport infrastructure to meet the demand  Read More..

Posted on : 02 Aug,2017


FG releases N50m to boost construction of ANOCA building project

 The Federal Government has released the sum of N50million to fast-track completion of the Association of National Olympic Committees of Africa (ANOCA) building project.   Minister of  Read More..

Posted on : 02 Aug,2017


Exhibitions In Africa

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