Latest Business News - Africa

SAB invests R2,8 billion in brewery expansions, boosts job creation

 The expansions include a new packaging line for returnable glass bottles at both breweries and a brewhouse at Rosslyn, and will create up to 70 additional full time jobs.   The  Read More..

Posted on : 12 Jul,2017

Dawn moves to sell rest of GDW

 Distribution and Warehousing Networks (Dawn) has signed a nonbinding memorandum of understanding with the controlling shareholders of Grohe Dawn Watertech (GDW) for the potential disposal of  Read More..

Posted on : 12 Jul,2017

Affordable housing: Lafarge Africa targets 1 million Nigerians

 CONCERNED  about housing deficit in Nigeria, coupled with astronomical growth in population, a foremost cement producer, Lafarge Africa Plc, a member of LafargeHolcim, has expanded its  Read More..

Posted on : 12 Jul,2017

Ethiopia inaugurates $90m Chinese-built 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 : 11 Jul,2017

Business is booming in building and construction

 Companies in the construction industry should be able to make a decent return for shareholders, provided they position themselves correctly on product quality, price and service delivery, says  Read More..

Posted on : 11 Jul,2017

Phase 5 of Durban Northern Aqueduct Augmentation to start August

 Construction on the fifth phase of Durban’s Northern Aqueduct Augmentation project is set to begin in August according to eThekwini Water and Sanitation (EWS).   The phase  Read More..

Posted on : 11 Jul,2017

Rwandan energy sector gets US$50m to increase off-grid solutions

 The Rwandan energy sector has received a short in the arm after a financial agreement to enhance power connectivity through off-grid solutions was signed by the Government of Rwanda and the  Read More..

Posted on : 11 Jul,2017

Eco Media Village and Milost to built largest private hospital in West Africa

 The proceeds are expected to be used for specific working capital, the development and construction of the hospital. The debt facility will bear interest at an annual rate of 5%, payable  Read More..

Posted on : 11 Jul,2017

Lafarge, RCLI Concludes Empowerment Training

 In line with its strategic objective to continue to develop skills in the building and construction industry, Lafarge Africa Plc in partnership with the Rotary club of Lagos Island has  Read More..

Posted on : 11 Jul,2017

Japan gifts $6bn to African power projects

 The government said it would donate the money to the AfDB to help tackle the issue of electricity shortages on the continent.   The money will be spent partly on projects that African  Read More..

Posted on : 10 Jul,2017

Exhibitions In Africa

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