Latest Business News - Africa

Uganda to construct shopping mall in place of national theatre

 A shopping mall is set to be constructed in Uganda after the country’s national theatre building is demolished; this is according to the Ugandan authorities.   All occupants have  Read More..

Posted on : 22 Jun,2017


Housing problem in Nigeria gets World Bank intervention

 The World Bank and International Development Association (IDA) have set aside $300m to fast-track provision of housing to the expanding Nigerian population. The move is aimed at addressing the  Read More..

Posted on : 22 Jun,2017


Nigeria requires US$215.1m to complete East-west road

 The commission and the Ministry of Niger Delta Affairs need over US$215.1m to complete the construction of the East-West Road in Nigeria. Mr. Nsima Ekere, the Managing Director, Niger Delta  Read More..

Posted on : 22 Jun,2017


Kenya cuts the sod for Africa's tallest building in Nairobi

 The 900-feet twin Pinnacle Towers will have 70 floors including a 45-floor Hilton Hotel, 20 floors of offices, 200 residential houses, 3-floor basement parking, gaming zone, 3-floor luxury  Read More..

Posted on : 22 Jun,2017


Mali to get its first HFO-fueled power station

 Albatros Energie Mali (AEM), a private sector power plant operator based in Mali is looking to construct a 90mw HFO-fueled power station in the Kayes region of the country. he power station  Read More..

Posted on : 21 Jun,2017


Construction begins at Olembe sports complex in Cameroon

 Construction works has begun at the Olembe sports complex in Cameroon which is anticipated to host the opening ceremony of the 32nd edition of the African Cup of Nations in 2019.   The  Read More..

Posted on : 21 Jun,2017


Tanzania Kinyerezi II power project anticipated to inject 240MW

 Kinyerezi II power project should be injecting 30 to 240MW of electricity to the national grid by December this year project manager Steven Manda. So far, the project has progressed to 63%  Read More..

Posted on : 21 Jun,2017


Road built to ease traffic congestion at SGR stations in Kenya

 Kenya now says that access roads to SGR stations in Kenya will be constructed to ease traffic congestion. A 1.5km access road to Miritini Railway Station for instance from the shopping center  Read More..

Posted on : 21 Jun,2017


Construction outlook in South Africa is 'moderate'

 This is a result of economic slowdown, poor investor sentiment, high unemployment and a weak currency, which will weigh on construction spending.    The industry's output value in  Read More..

Posted on : 21 Jun,2017


Crossing the continent

 South Africa’s Stahl Cranes & Hoists has completed the construction and installation of a two-beam bridge crane in Ghana, more than 10,000km away   Johannesburg-based Stahl  Read More..

Posted on : 21 Jun,2017


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