Latest Business News - Africa

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


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


Exhibitions In Africa

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