Latest Business News - Africa

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


Luderitz wind power project in Namibia is almost complete

 The $180M Lüderitz wind power project at is nearing its completion. The very first wind farm in Namibia, being built by Innosun Energy Holdings, will add 5MW of electricity to the national  Read More..

Posted on : 15 Jul,2017


Nkombo Island in Rwanda gets water treatment plant

 A multimillion water treatment plant that was launched in Nkombo Sector in Rusizi District yesterday, giving clean water access to least 20,000 households.   According to Germaine  Read More..

Posted on : 15 Jul,2017


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