Latest Business News - Africa

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


Western Cape earmarks R17.3 billion for infrastructural public works and construction

 The Western Cape is now generating construction projects worth billions of rands which will create much-needed jobs in the province. Growth for the Western Cape is predicted to be 2.1% this  Read More..

Posted on : 17 Jul,2017


Ethiopia inaugurates $90m worth industrial park

 Ethiopia inaugurated on Saturday a Chinese-built $90 million industrial park in Kombolcha city, in Amhara regional state, 376 kilometers north of capital, Addis Ababa.   Ethiopian Prime  Read More..

Posted on : 17 Jul,2017


Tanzania to continue with hydroelectric project at Selous Game Reserve

 There has been a heated debate around the development of the Stiegler’s Gorge hydroelectric project at the Selous Game Reserve since the government announced its intentions to continue  Read More..

Posted on : 15 Jul,2017


Dangote Cement to invest US$4bn to increase productivity in Africa

 Dangote Cement Plc which is a fully integrated cement company in Nigeria is planning to invest a whopping US$ 4bn in its company so as to increase its production capacity in Africa. The  Read More..

Posted on : 15 Jul,2017


Kenya commissions US$17m electricity project in Turkana

 Kenya has commissioned a mega electricity project that connects the largely arid Turkana County to the national grid, boosting the residents’ access to reliable and affordable electricity  Read More..

Posted on : 15 Jul,2017


Exhibitions In Africa

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