Latest Business News - Africa

Italian firm wins Konza city roads and sewerage tender

 Italian firm Impresa Costruzioni Giuseppe Maltauro (ICM) has won the Konza city roads and sewerage tender; this is Kenya’s first smart city.   The company was selected as the  Read More..

Posted on : 06 Jul,2017


City of Cape Town implements stricter water restrictions

 The City of Cape Town has implemented stricter water restrictions to its citizens as dam levels continue to be critically low as a result of the drought.   In a statement released by the  Read More..

Posted on : 05 Jul,2017


Tanzania:World Bank approves expansion of a port in Dar es Salaam

 The World Bank has recently approved the US$ 345m loan meant for the expansion of a port in Dar es Salaam, Tanzania.   Richard Martin Humphreys, the World Bank’s lead transport  Read More..

Posted on : 05 Jul,2017


South Africa Bridge City affordable housing vision becomes reality

 Bridge City project is a joint venture between Tongaat Hulett and eThekwini Municipality, has 356 affordable housing units to be offered from as little as $37,924, the residential units are  Read More..

Posted on : 05 Jul,2017


Tanzania launches new agency to improve rural roads

 Tanzanian Prime Minister Kassim Majaliwa has launched the Tanzania Rural-Urban Road Agency (Tarura), which will be used to address rural road challenges. He gave the directive while at The  Read More..

Posted on : 05 Jul,2017


East Africa Breweries Ltd to construct a US$ 145m brewery in Kisumu

 East Africa Breweries Limited (EABL) is set to construct a US$ 145m state-of-the-art brewery in Kisumu, Kenya for its Senator Keg; this was announced by President Uhuru Kenyatta during the  Read More..

Posted on : 05 Jul,2017


LafargeHolcim targets 25m people in affordable housing scheme

 LafargeHolcim is targeting to make 25m people beneficiaries of its affordable housing scheme globally by 2020 with Nigeria representing a significant figure.   This is according to  Read More..

Posted on : 05 Jul,2017


Chinese firm to conduct feasibility studies for SGR expansion in Kenya

 Kenya has allowed a Chinese firm to conduct feasibility studies with a view to expand the Standard Gauge Railway(SGR) to Jomo Kenyatta International Airport and the city Centre via  Read More..

Posted on : 03 Jul,2017


Tanzania to build a hydro-electric power plant in heritage site

 Plans are underway to build the long-delayed 2 100 MW hydroelectric plant in a World Heritage site Tanzania famous for its animal populations and variety of wildlife habitats despite strong  Read More..

Posted on : 03 Jul,2017


Construction of US$ 22m Phalombe district hospital starts in Malawi

 The construction of US$ 22m Phalombe district hospital has just started in Malawi after President Peter Mutharika laying a foundation stone commissioning construction works.   Minister  Read More..

Posted on : 03 Jul,2017


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