Latest Business News - Africa

Work on phase 4 of Wernhil Park Shopping Centre in Namibia launched

 Broll Namibia, a subsidiary of the Ohlthaver & List (O&L) Group has officially launched the construction of phase 4 of Wernhil Park Shopping Centre in Namibia.   The project was  Read More..

Posted on : 07 Jul,2017


Congo to delay Inga 3 hydroelectric project

 The Democratic Republic of Congo has recently made a statement that the Inga 3 hydroelectric project is not yet expected to start producing power as originally planned in 2020 or 2021 but until  Read More..

Posted on : 07 Jul,2017


Zimbabwe avails US$5m for Gwayi Shangani Dam Project

 The Chinese contractor in charge with construction of the Gwayi Shangani Dam in Matabeleland North Province resumed work on earlier on this week after Treasury availed $5m towards the  Read More..

Posted on : 07 Jul,2017


PEDIATRIC UNIT BUILT BY MADONNA IN MALAWI TO OPEN

 Madonna says the children's wing at a hospital in Malawi she has been building for two years completed its first surgery last week and will officially open July 11.   The Mercy James  Read More..

Posted on : 07 Jul,2017


Africa largest resort to open in 2020

 A luxury resort, set to be Africa’s largest, will open in 2020, spanning an incredible 3,756 acres and will even boasts to having its own airport.   Thanks to its mammoth size, the  Read More..

Posted on : 06 Jul,2017


Japan to provide US$6b for energy initiatives in Africa

 Japan has announced that it had agreed with the African Development Bank (AfDB) to launch an initiative to financially support energy-related infrastructure projects in Africa as part of its  Read More..

Posted on : 06 Jul,2017


Ethiopia procures elevators for middle-class condominium houses

 The Addis Ababa Savings & Houses Development Enterprise (AASHDE) is procuring 338 elevators for middle-class condominium houses that are currently under construction. The procurement is  Read More..

Posted on : 06 Jul,2017


KURA inks US$19.1m deal for Ngong Road expansion

 The Kenyan Urban Roads Authority (KURA) has signed a Sh1.98 billion contract with the China Qinjian International Group for the Ngong Road dualization.   The contract entails the  Read More..

Posted on : 06 Jul,2017


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


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