Latest Business News - Africa

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


Acting on climate change is Africas opportunity

Acting on the climate remains firmly on the global agenda. It remained a top priority for all but one of the G20 leaders who gathered in Germany this month. That is because it is increasingly clear  Read More..

Posted on : 26 Jul,2017


Chinese firms boost employment of Ugandan youths

 Under close supervision, Chinese technicians working for China Communications Construction Company (CCCC) trained Sewalu in carpentry. CCCC is constructing the over US$350 million express way  Read More..

Posted on : 25 Jul,2017


Boasting an impressive 250m and 55 floors, Africa’s highest tower will be built over 3 years

 On July 20, Othman Benjelloun, President of the Groupe BMCE Bank of Africa, signed a contract for the construction of Africa’s tallest tower, with Chinese group China Railway Construction  Read More..

Posted on : 25 Jul,2017


China Belt and Road opens up new business in Africa for both the U.S. and China

 There has been no shortage of headlines proclaiming China’s growing clout in a “new world order” in recent months. This speculation resurfaced after the July G-20 summit, at  Read More..

Posted on : 25 Jul,2017


South Africa: Public Works On Completion of Mandela Legacy Renovation Project At Ndabayakhe Primary School

 The internal refurbishment of Ndabayakhe Primary School near Empangeni in rural KwaZulu-Natal formally launched by one of its former pupils now Public Works Minister, Nathi Nhleko on Mandela  Read More..

Posted on : 25 Jul,2017


Stakeholders in Nigeria advocate value-chain financing for affordable housing

 To bridge the demand-supply gap in affordable housing in the country, stakeholders in the construction and financing sectors in Nigeria have advocated value-chain funding for housing projects  Read More..

Posted on : 22 Jul,2017


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