Latest Business News - Africa

Zambia: World Bank Gives Zambia $200 Million for Rural Roads

 The World Bank's Board of Executive Directors yesterday approved a $200 million International Development Association (IDA) credit under the IDA17 Scale-up Facility for Zambia to improve  Read More..

Posted on : 09 Jun,2017


Rwanda: Government to Roll Out Rwf206bn Affordable Housing Fund

 A new affordable housing fund that could enable persons earning between Rwf300,000 and Rwf700,000 in monthly wages to buy a house is due to start in July, officials at the Ministry of  Read More..

Posted on : 09 Jun,2017


Railway construction in Africa linked to Belt and Road Initiative

 On the heels of the Belt and Road Forum for International Cooperation in Beijing, railway construction is being held up as an example of how the Belt and Road Initiative is providing  Read More..

Posted on : 09 Jun,2017


Work begins on Africa's tallest building

 COULD Nairobi, Kenya’s traffic-clogged capital, be the next Dubai? Two large Dubai-based investors, Hass Petroleum and White Lotus, seem to think so. On May 23rd they formally started  Read More..

Posted on : 09 Jun,2017


Tanzania: Kuwait Releases 110 Billion/ - for Tabora Road Construction

 Tanzania has received 51 million US dollars (over 110bn/-) financial boost from Kuwait for construction of the 85-kilometre Chaya-Nyahua road in Tabora region.   President John Magufuli  Read More..

Posted on : 09 Jun,2017


The hotel industry is booming in Africa

 A number of international investors are set to expand into Africa, creating a boom in tourism in the country. It has recently been announced that InterContinental Hotel Group (IHG) will be  Read More..

Posted on : 08 Jun,2017


Construction at highest pace in North African countries

 The construction market in North Africa is on the rise due to several active high- value projects with approximately US$473bn investment, shows a recent market report by BNC Project  Read More..

Posted on : 08 Jun,2017


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


Exhibitions In Africa

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