Latest Business News - Africa

Refinancing of Bugoye hydro-electric power plant to take US$29.3 million

 The Dutch development bank and the Emerging Africa Infrastructure Fund (EAIF) and FMO, are jointly going to refinance the 13-MW Bugoye hydro-electric power plant in Western Uganda to the tune  Read More..

Posted on : 22 Jul,2017

Morocco secures US $25 million loan for hybrid solar project

 The Climate Investment Funds’ Clean Technology Fund (CIF CTF) has approved a US $25 million loan for Morocco for a project to generate solar power through an innovative hybrid Solar Power  Read More..

Posted on : 22 Jul,2017

Kenyas newly constructed Isiolo International Airport ready for use

 Upgrading works on the Isiolo International Airport has completed and operation is expected to commence fully in the next four weeks.   The US$16.4m project was launched by the Retired  Read More..

Posted on : 21 Jul,2017

Growthpoint Properties starts construction of new head office in SA

 South Africa’s real estate investment trust Growthpoint Properties has commenced on the construction of the new head office for Exxaro Resources.   The new head office will act as  Read More..

Posted on : 21 Jul,2017

Construction of Changamwe-Mariakani dual carriageway project launched

 President Uhuru Kenyatta has commissioned the construction of the long-awaited 11.3km Changamwe-Mariakani dual carriageway meant to ease congestion on the busy Mombasa-Nairobi  Read More..

Posted on : 21 Jul,2017

Malawi seeks to add18MW to its power production capacity

 Malawi’s electricity generation company EGENCO, earlier this week signed a multimillion dolar deal with Japan’s Mitsubishi Corporation aimed at increasing its power production  Read More..

Posted on : 21 Jul,2017

Lafarge, Rotary train artisans on building, construction

 No fewer than 17 artisans in Lagos have benefitted from a five-day training in cement application in building and construction.   The training, organised by Lafarge Africa Plc in  Read More..

Posted on : 21 Jul,2017

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

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