Latest Business News - Africa

Mixta Real Estate Plc boosts affordable housing in Nigeria

 Lagos’ Mixta Real Estate Plc has set aside $16m bond to refinance existing debts and affordable housing projects.   The firm commenced operations in February 2006 as a real estate  Read More..

Posted on : 29 Jun,2017


How Rwanda and Africa can attract more FDIs, spur growth

 Emerging markets like Rwanda should become more innovative and embrace digitisation as one of the ways to open up and integrating their markets besides supporting investors to adapt to an  Read More..

Posted on : 29 Jun,2017


Rail transport crucial for intra-African trade growth

 A rail system, when combined with all forms of transportation, could play a strategic role in intra-African trade growth, by the virtue of it being more efficient as well as effective, safer  Read More..

Posted on : 28 Jun,2017


Russian truck manufacturer Kamaz to construct assembly plant in Senegal

 A US$ 56m assembly plant is set to be constructed in Senegal by a Russian truck manufacturer-Kamaz; this is according to Chief Executive Officer Sergei Kogogin.   Currently  Read More..

Posted on : 28 Jun,2017


South African construction giant buys into Byrne Group

 £2bn turnover Wilson Bayly Holmes-Ovcon is understood to have taken a significant minority stake of more than 20% in Byrne Group, which in 2015 and 2016 was weighed down by losses at its  Read More..

Posted on : 27 Jun,2017


Abuja gets first solar powered energy estate

 The Chief Executive Officer, Sungold Group Ltd., Abuja, Mr Amarachi Iwuanyanwu, has announced the completion of its first set of 350 Solar powered Energy Estate in Gwarinpa in  Read More..

Posted on : 23 Jun,2017


Nigeria renews focus on renewable energy

 Nigeria will now focus on renewable energy with special emphasis on rural areas, the country’s acting president has announced.   Mr Yemi Osinbajo says that operators of electricity  Read More..

Posted on : 23 Jun,2017


Morocco: China, Morocco Join Hands to Build Africa's Tallest Skyscraper in Rabat

 Construction firms from China and Morocco will set up a a joint venture to build Africa's tallest high-rise tower in Morocco's capital Rabat, local media reported on Saturday.   The  Read More..

Posted on : 22 Jun,2017


Uganda to construct shopping mall in place of national theatre

 A shopping mall is set to be constructed in Uganda after the country’s national theatre building is demolished; this is according to the Ugandan authorities.   All occupants have  Read More..

Posted on : 22 Jun,2017


Housing problem in Nigeria gets World Bank intervention

 The World Bank and International Development Association (IDA) have set aside $300m to fast-track provision of housing to the expanding Nigerian population. The move is aimed at addressing the  Read More..

Posted on : 22 Jun,2017


Exhibitions In Africa

Read More

Advertisements