Latest Business News - Africa

NIGERIA'S STEADY ECONOMIC RECOVERY SIGNALS OPPORTUNITY FOR PROPERTY SECTOR

 While Nigeria’s economic downturn created adverse conditions for international companies operating in the country, leading construction and property solutions company, Profica, adopted an  Read More..

Posted on : 08 Jun,2017


Construction of Cameroon's Grand Eweng HEP Dam underway

Construction of Cameroon’s Grand Eweng Hep Dam, which is expected to reach completion in 2024 is due within the coming months. The dam which will be constructed on Build-Operate Transfer basis  Read More..

Posted on : 08 Jun,2017


East Africa: Tanzania Starts Construction of Railway Line Link to Uganda

 Kampala — Tanzania has started building the 300km Standard Gauge Railway (SGR) from the Indian Ocean port of Dar es Salaam to Morogoro, which line is expected to be extended to Port  Read More..

Posted on : 05 May,2017


East Africa: Call for Regional Cooperation to Transform Construction Industry

 Resulting from the rapid and sustainable economic growth as well as the ongoing fast urbanization in Ethiopia,there is high demand for cement and concrete, Construction Minister Eng. Aisha  Read More..

Posted on : 04 May,2017


Tanzania: Construction of Ultra-Modern Arena in Dodoma Underway

 Dodoma — Progress has been made ready for a kick start of construction of a mega stadium in Dodoma, President John Magufuli said here yesterday.   The president made this remarks  Read More..

Posted on : 03 May,2017


US$ 48m hostel to be constructed in Kenyan University

 Kenyatta University is on the verge of constructing a whopping US$ 48m hostel that will see the invention of 6, 000 rooms.   The project is set to be developed by a New York-based  Read More..

Posted on : 23 Feb,2017


Construction of mega mixed-use development in South Africa to kick off

 The construction of a US$ 115m mixed-use building in Cape Town in South Africa is scheduled to commence in April this year. This is set to be the tallest building in Cape Town.   The  Read More..

Posted on : 23 Feb,2017


Construction of South Africa's Ballito Junction Regional Mall almost complete

 The new Ballito Junction Regional Mall in South Africa is set for completion and is planned to officially open in March this year.   The mega mall which is designed to offer the best  Read More..

Posted on : 23 Feb,2017


Plans set for the construction of High Grand Falls dam in Kenya

 The government is set to build a US $ 1.4 billion High Grand Falls dam at Kibuka falls, River Tana in Tharaka constituency within the next six years. This is predicted to boost the capacity of  Read More..

Posted on : 23 Feb,2017


Uganda's Entebbe International Airport gets expansion impetus

 The expansion of Uganda’s  Entebe International airport  is now expected to kick off after the government of Uganda received a grant worth $10Million from the government of  Read More..

Posted on : 23 Feb,2017


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