Latest Business News - Africa

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


Angola begins rehabilitating over 1000km of Railway

 Angolan Minister of Transport, Augusto da Silva Tomás, has described the rehabilitation and modernization of the 1.344km of railway and installation of new communication and traffic  Read More..

Posted on : 10 Jul,2017


Akosombo hydro project in Ghana has notable increase in water levels

 Plans are underway by the Volta River Authority (VRA) management to boost power generation, at two stations on Volta River. These sations are Kpone Thermal Power and Akosombo Hydro Generation  Read More..

Posted on : 10 Jul,2017


Nigeria to save $1.5b annually on gas Project

 If the Natural Gas project, an initiative that was first introduced by Nigerian Gas Company, NGC, in 1989 is sustained, the federal government would be saving about $1.5 billion annually,  Read More..

Posted on : 10 Jul,2017


Lafarge Africa Bridges Skills Gap in Home Construction

 Lafarge Africa Plc., is using its Easy Home, an innovative affordable housing initiative, to bridge the skills gap in Nigeria’s construction industry, by giving home builders access to  Read More..

Posted on : 10 Jul,2017


Dangote Cement: Capacity Building Across Africa Drives Financial Strength

 Two global rating agencies, Moody’s Investors Service and Global Credit Ratings (GCR), have rated Dangote Cement high for its financial strength and corporate outlook.   In the  Read More..

Posted on : 10 Jul,2017


Italian firm wins Sh40bn Konza city roads, sewerage contract

 The planned construction of Kenya’s first smart city, Konza, is expected to start in earnest this month following the award of a Sh40 billion infrastructure design and building contract  Read More..

Posted on : 07 Jul,2017


Joburg school is Africa first to achieve Green Star rating

 The school is part of the non-governmental organisation, Streetlight Schools, and boasts a number of green building and sustainability focused measures. The accolade was awarded by the Green  Read More..

Posted on : 07 Jul,2017


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