Latest Business News - Africa

Gulu Logistics Hub takes off

 Moses Sabiiti, country director Trade Mark East Africa said Uganda has begun to play a wider logistics role in the Great Lakes region despite its landlocked position.    “For  Read More..

Posted on : 20 Jun,2017


ANGOLA INFRASTRUCTURE BOOM

Serge Rombi reports from Angola   In this series of Focus, we look at Angola. You will find out about the challenges facing a country seeking to diversify its economy: Angola wants to shake  Read More..

Posted on : 20 Jun,2017


Crane Foundation announces $10M expansion for Baraboo HQ

 International Crane Foundation leaders on Saturday unveiled plans for a $10 million expansion to the organization’s headquarters in Baraboo.   ICF Headquarters Operations Vice  Read More..

Posted on : 19 Jun,2017


Bosch Strengthens Commitment to Nigerian Construction industry

 Bosch, a German multinational engineering and electronics company, has promised to work keenly with players in the nation’s construction industry to enhance quality work in the industry  Read More..

Posted on : 19 Jun,2017


Chinese companies powering Ethiopia ambition to become Africa manufacturing hub

  As part of its vision to become the manufacturing hub of Africa, Ethiopia will on Tuesday inaugurate the first phase of its flagship Chinese-built Hawassa Industrial Park.   The  Read More..

Posted on : 19 Jun,2017


DRC seeks joint Chinese-Spanish offer to construct Inga 3 dam

 The Democratic Republic of Congo has announced its decision to consult Chinese and Spanish bidders of the Inga 3 dam project to join forces and submit a joint bid.   The request will  Read More..

Posted on : 17 Jun,2017


Francistown oil storage facility in Botswana to cost US$58.7m

 The expansion of the oil storage facilities in Francistown in Botswana is set to cost US$58.7m as Botswana Oil Limited (BOL) seeks to buffer up supply security in the petroleum  Read More..

Posted on : 17 Jun,2017


Uganda and Tanzania to construct electric railway lines

 Uganda and Tanzania are looking to incorporate electric railway lines into their standard gauge railway transport network.   According to the East African newspaper, the two countries  Read More..

Posted on : 16 Jun,2017


Sierra Leone signs contract for 46km trans-Africa road

 Sierra Leone government has signed a US$17m deal for a road construction project. The 46km road is the second and final phase of the Sierra Leone leg of the Trans-Africa road Sierra Leone  Read More..

Posted on : 16 Jun,2017


Nairobi-Mombasa dual carriageway set for next year

 Talks are underway to upgrade the busy Mombasa-Nairobi highway into a dual carriageway. The US$2.2bn project is expected to commence next year.   According to Peter Mundinia Kenya  Read More..

Posted on : 16 Jun,2017


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