Latest Business News - Africa

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


Nigeria requires US$215.1m to complete East-west road

 The commission and the Ministry of Niger Delta Affairs need over US$215.1m to complete the construction of the East-West Road in Nigeria. Mr. Nsima Ekere, the Managing Director, Niger Delta  Read More..

Posted on : 22 Jun,2017


Kenya cuts the sod for Africa's tallest building in Nairobi

 The 900-feet twin Pinnacle Towers will have 70 floors including a 45-floor Hilton Hotel, 20 floors of offices, 200 residential houses, 3-floor basement parking, gaming zone, 3-floor luxury  Read More..

Posted on : 22 Jun,2017


Mali to get its first HFO-fueled power station

 Albatros Energie Mali (AEM), a private sector power plant operator based in Mali is looking to construct a 90mw HFO-fueled power station in the Kayes region of the country. he power station  Read More..

Posted on : 21 Jun,2017


Exhibitions In Africa

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