Latest Business News - Africa

Construction begins on US$ 6m ICT innovation centre in Rwanda

 Construction works has begun on an ICT innovation centre in Rwanda that costs a whopping US$ 6m. The launch took place at Integrated Polytechnic Regional Centre (IPRC)-Kigali.   The US$  Read More..

Posted on : 03 Jul,2017

South Africa property market affected by ongoing recession

 South Africa’s property market  has been on a steady decline for some years now. Property economists in the country have attributed this to the ongoing recession.   According  Read More..

Posted on : 03 Jul,2017

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

Exhibitions In Africa

Read More