Latest Business News - Africa

South Africa: Zuma Appointed Construction Company Ahead of Tender Process - Nkandla Hearings

 President Jacob Zuma appointed construction company Moneymine Enterprises long before the Department of Public Works was involved in the Nkandla tender process, the Nkandla disciplinary hearing  Read More..

Posted on : 21 Jul,2017


Lafarge boosts housing ownership with Easy Home

 DETERMINED to address the huge shortfall in the Nigeria’s housing sector which is put at a whopping 18 million units, as it particularly affects the low income earning groups of the  Read More..

Posted on : 20 Jul,2017


First cable installed on Nile bridge in Uganda

 One of the 21 stay cables to be put on the  526m long cable-stayed bridge across the Nile in Jinja has been installed. This is the first ever cable to be installed at the new Nile bridge  Read More..

Posted on : 20 Jul,2017


Construction of US$ 6.3m Ntcheu stadium in Malawi to begin

 Construction of Ntcheu stadium in Malawi is projected to start by August 15 this year; this is after the tripartite official contract signing ceremony between Ministry of Local Government and  Read More..

Posted on : 20 Jul,2017


Construction on course for Tazara Flyover in Tanzania

 Construction work is underway for the much awaited first flyover in Tanzania at Tazara by the junction of Nelson Mandela Expressway and Nyerere Road in Dar es Salaam. The project is at  Read More..

Posted on : 20 Jul,2017


Kenyas Britam mulls US$ 115m mall in Nairobi upmarket area

 A US$ 115m shopping mall is set to be constructed in Nairobi’s up market area by Britam as it focuses on real estate to help increase its profits.   Benson Wairegi, Britam’s  Read More..

Posted on : 20 Jul,2017


Chinese firm to construct industrial park in Kenya

 An industrial park in Kenya is set to be constructed in Movoko, Machakos County by a Chinese Company- Erdemann Property Ltd (EPL). This is after the company submitted an environment impact  Read More..

Posted on : 20 Jul,2017


Chinese firm bags US$134m power line contract in Kenya

 Kenya’s Ministry of Energy has awarded a US $134 million contract to a Chinese firm to construct a high-voltage power transmission line between Garissa and Isiolo, an indication that  Read More..

Posted on : 20 Jul,2017


Construction begins for Lom-Pangar Hydroelectric Dam in Cameroon

 Construction for a 30 megawatts power generation plant, Lom-Pangar Hydroelectric Dam, has officially kicked off in Belabo sub-division of the East Region in Cameroon. President of the African  Read More..

Posted on : 20 Jul,2017


National Housing Corporation gets $2b loan for Dar-es-Salaam project

 The Tanzania National Housing Corporation (NHC) has secured a $2Bn loan from PTA Bank — the financial arm of Comesa — to construct a commercial centre and satellite city at Kawe in  Read More..

Posted on : 20 Jul,2017


Exhibitions In Africa

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