Latest Business News - Africa

Madagascar airports undergo major revamp

 Madagascar airports are all set for improvement and expansion with the help of the Emerging Africa Infrastructure Fund (EAIF). The $245m project is expected to create opportunities and promote  Read More..

Posted on : 07 Aug,2017


Uganda, Tanzania start work on construction of $3.5BN oil pipeline

 The leaders of Tanzania and Uganda laid a foundation stone on Saturday for the construction of a $3.55 billion-crude export pipeline that would pump Ugandan oil for international  Read More..

Posted on : 07 Aug,2017


Nigeria approves US$62.5m for road reconstruction in Plateau and Kwara

 The Federal Executive Council, (FEC) of Nigeria has approved the reconstruction of two road projects. The road projects are in Plateau and Kwara. Yemi Osinbajo, Acting President has approve the  Read More..

Posted on : 05 Aug,2017


ABB opens new office in Namibia

 Technology multinational ABB has unveiled a new office in Namibia.   The 2 200 m² facility is in the heart of Windhoek and the opening came after the consolidation of two of its  Read More..

Posted on : 05 Aug,2017


Kariba South Extension project 91% complete

 The $533m Kariba South extension project began in November 2014. The dam is expected to add 300MW to the national grid upon completion.   According to the permanent secretary Mbiriri,  Read More..

Posted on : 05 Aug,2017


Kenya High court rules on geothermal power accessories tender

 A three judge bench at Kenyan Court has ruled that a geothermal power accessories tender to proceed.   Daily Nation reports that the Court of Appeal ruled in favour of Rentco East  Read More..

Posted on : 05 Aug,2017


Teraco is building the biggest data centre in Africa

 Construction of Teraco’s new data centre in Bredell is progressing swiftly.   The company began building the 24-megawatt site in January, which is expected be completed in November  Read More..

Posted on : 05 Aug,2017


Kenya Railways Corporation receives new locomotives and rolling stock for SGR shipment service

 Kenya Railways Corporation (KRC) has received more shipment locomotives and wagons for the Standard Gauge Railway (SGR) cargo service operations.   Atanas Maina, the Corporation’s  Read More..

Posted on : 04 Aug,2017


The Minister of Electricity Inaugurates Egypts Largest Bank-Owned Solar Station

 Egypt has officially opened a solar collecting power station. Mohammed Shaker, the minister of electricity and renewable energy did this on the roof of Crédit Agricole Egypt head  Read More..

Posted on : 04 Aug,2017


US$ 26m bakery launched in Western Cape, South Africa

 A US$ 26m bakery in Bellville in the Western Cape of South Africa has been launched that will see the construction of a brand-new plant and an upgrade of interiors of the existing  Read More..

Posted on : 04 Aug,2017


Exhibitions In Africa

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