Latest Business News - Africa

FG releases N50m to boost construction of ANOCA building project

 The Federal Government has released the sum of N50million to fast-track completion of the Association of National Olympic Committees of Africa (ANOCA) building project.   Minister of  Read More..

Posted on : 02 Aug,2017

Building of Garden City business unit starts November

 Garden City will kick off the development of its Sh2.7 billion business complex in November under the management of regional construction projects specialist, MML.   MML director Robert  Read More..

Posted on : 01 Aug,2017

Ethiopia-Djibouti rail project to start commercial operations in October

The Ethiopia to Djibouti electrified rail project is scheduled to commence commercial operations in October this year. Ethiopia Minister of Transport Ahmed Shide, announced.   The rail  Read More..

Posted on : 01 Aug,2017

Murtala Muhammed International Airport in Nigeria to be certified by NCAA

 Through the Nigerian Civil Aviation Authority (NCAA), the federal government has plans to certify the Murtala Muhammed International Airport in Lagos. The plans come after the validation of its  Read More..

Posted on : 01 Aug,2017

British Agency to support mega water project in S. Sudan

 The Government of North Darfur announced the signing of an agreement with the British Development Agency to commence in October. Under the said agreement, the Agency will be tasked with the  Read More..

Posted on : 01 Aug,2017

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

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