Latest Business News - Africa

Djibouti acquires funds for Gale-Le-Koma geothermal project

 The Djiboutian Geothermal Energy Development Office has obtained a $27M grant to develop the Gale-Le-Koma geothermal project. The support came from Kuwait Development Fund.   The grant  Read More..

Posted on : 28 Jul,2017


Talks on Tanzanias $30Bn LNG Plant Reach Crucial Stage

 Plans are underway by the International oil companies engaged in the construction for the establishment of a commercial framework for the $30Bn liquefied natural gas (LNG) according to media  Read More..

Posted on : 28 Jul,2017


Ugandan President approves US$2.9 bn loan for the construction of the SGR from Malaba to Kampala

 Ugandan President Yoweri Museveni has approved the US$2.9 bn loan for the construction of the Standard Gauge Railway (SGR) from Malaba in Kenya to Kampala.   Initially, Uganda was  Read More..

Posted on : 28 Jul,2017


Liberias Roberts International Airport construction work on course

 Construction work is in good progress at the Roberts International Airport (RIA) in Liberia. The new terminal and upgrading of the runway,  is gradually taking shape.   Contractors  Read More..

Posted on : 28 Jul,2017


Gibela says first SA-made train to be delivered by the end of 2018

 Production of the first car-body shell of the first car of the first train is imminent, he adds. Train production will start while the plant is still under construction.   Construction  Read More..

Posted on : 28 Jul,2017


West African Ceramics charts way for low cost housing

 West African Ceramics Limited, leading tile manufacturer, joined other stakeholders in the public and private sector of the housing economy to discuss and proffer solutions to housing  Read More..

Posted on : 28 Jul,2017


Rwanda signs deal for construction of Bugesera International Airport

 Rwanda has signed Concession Agreement with the Engineering, Procurement and Construction (EPC) contractor for the construction and operation of Bugesera International Airport.   Kigali  Read More..

Posted on : 26 Jul,2017


Chinese construction projects creates jobs for Ugandan youths

 Chinese construction projects in Uganda are emerging to be a major source of employment in the country. One such project is the construction of an Expressway in Uganda that links the  Read More..

Posted on : 26 Jul,2017


Uganda: Museveni clears $2.9b China loan for Malaba-Kampala SGR

 President Yoweri Museveni has approved the borrowing of Ush10.3 trillion ($2.9 billion) for the construction of the standard gauge railway from the Malaba border with Kenya to Kampala in the  Read More..

Posted on : 26 Jul,2017


Work on new KATH maternity block progresses steadily

 Work on a new Maternity Block for the Komfo Anokye Teaching Hospital (KATH) is progressing steadily. Africa Building Partners, the contractors, put the extent of work done so far at 30 per  Read More..

Posted on : 26 Jul,2017


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