Latest Business News - Africa

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

The Pinnacle; a 300 meter skyscraper under construction in Kenya to become Africa tallest building

 The twin tower building is known as the Pinnacle and on completion, the 300-meter-tall skyscraper will become Africa’s tallest building.   It will go down in history for beating  Read More..

Posted on : 17 Jul,2017

New era for timber construction company

 Rustic Homes, forerunner of timber home design and construction in South Africa and leader in the field since the 1980s, has recently undergone a change of ownership, that being Werner  Read More..

Posted on : 17 Jul,2017

A new world developing beneath Cape streets

 The Strand Street Concourse in the Cape Town CBD, built as an underground pedestrian walkway in the early 1970s, is undergoing a major refit, the city said on Sunday.   The concourse,  Read More..

Posted on : 17 Jul,2017

Work on $2 billion Bulawayo up-market satellite town begins

 A consortium of local businesspeople has started work on the estimated $2 billion up-market satellite town project located on the outskirts of the City of Bulawayo.   Thompson Properties  Read More..

Posted on : 17 Jul,2017

Exhibitions In Africa

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