Latest Business News - Africa

Kasanga port in Tanzania to expand capacity

The 54,000 t/yr port of Kasanga on Lake Tanganyika in the Rukwa Region will have its capacity increased, according to plans by Tanzania Ports Authority (TPA). Through its terminal at the port, Mbeya  Read More..

Posted on : 03 Apr,2023

The Old Mombasa Road will be upgraded to meet the requirements of the Nairobi Expressway.

According to a recent statement from the Kenya National Highways Authority, the old Mombasa Road will be upgraded to Nairobi Expressway specifications as part of the Sh24.8 billion project, which  Read More..

Posted on : 03 Mar,2023

Tanzania would be one of the top economies in 2023

Arusha. Tanzania is one of a few African countries whose economy are expected to perform well this year. Over 5.5 percent growth is predicted for the continent's top five economies in  Read More..

Posted on : 01 Feb,2023

Project Timeline and Information for the Tanzania Standard Gauge Railway (SGR)

Two Chinese businesses who recently obtained a contract with the government to develop Tanzania's SGR final phase will build the Tabora to Kigoma section of the project. By 2027, it will reduce the  Read More..

Posted on : 29 Dec,2022

Tanzania exceeds expectations, according to the global innovation index

In the lower-middle income group, TANZANIA has outperformed expectations, according to the most recent Global Innovation Index (GII) 2022. Tanzania received 19.4 points out of a total of 100 in the  Read More..

Posted on : 29 Dec,2022

AIIF4 invested USD 34 million and supports Kenyan Road Annuity Programme

 Kenya's Road Annuity Programme will receive a USD 34 million investment from AIIM, Africa's largest dedicated infrastructure private equity investor, via its pan-African AIIF4 Fund. From  Read More..

Posted on : 02 Dec,2022

Anchor Developments plans to launch in 2022 or 2023 with an investment of EGP 10 Billion

A strong investment plan and initial investments of EGP 10 billion were used to launch Anchor Developments, a new real estate development division of Alsarh Holding Group. According to Amr Ali,  Read More..

Posted on : 10 Nov,2022

FSD Eyeing Ethiopian Investment Opportunities; CEO Demands Peace Agreement to Boost Economic Growth

FSD — Fonds Souverain de Djibouti According to Djibouti Sovereign Fund CEO Slim Feriani, the peace agreement signed by the Government of Ethiopia and the TPLF will put the country's economic  Read More..

Posted on : 07 Nov,2022

Tanzania's Bagamoyo Port will be expanded as part of the largest project in East Africa

The construction of the Bagamoyo port won't have to wait any longer for investors to begin, according to Plasduce Mbossa, director general of the Tanzania Ports Authority (TPA). Mr. Mbossa  Read More..

Posted on : 18 Oct,2022

Tanzania's Dodoma Stadium, the largest stadium in Africa

 Pauline Gekul, the deputy minister for culture, arts, and sports, revealed that the government was ready to begin construction of the proposed Dodoma Stadium. Gekul made the revelation while  Read More..

Posted on : 21 Sep,2022

Exhibitions In Africa

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