Latest Business News - Africa

Dubai-based firm wins bid for Garissa-Mandera road

 A Dubai-based investment company which is constructing Africa’s tallest building in Nairobi, says it has clinched a deal to build the Garissa-Rhamu-Mandera road under the annuity  Read More..

Posted on : 14 Jun,2017


AGI Construction sector applauds establishment of Construction Bank

 Mr Rockson Dogbegah, the chair of the Association of Ghana Industries (AGI) Construction Sector has lauded the establishment of Construction Bank Ghana Limited, describing it as timely and  Read More..

Posted on : 14 Jun,2017


Ethiopia: Quality Construction Inputs to Sustain the Sector.

 The construction sector is one of the sectors to which the government has given a special attention. Using the poverty reduction strategy as a means, the government has launched all-rounded  Read More..

Posted on : 14 Jun,2017


Green Building Council of South Africa announces 250th green building certification in Africa.

 Streetlight Schools’ Jeppe Park Primary achieved a 4 Star Green Star SA Interiors v1 certification earlier this month, marking this the 250th certification on African soil. It also  Read More..

Posted on : 14 Jun,2017


Construction of logistics and distribution centre at Tatu city starts

 The construction of a US$60m logistics and distribution centre at Tatu city in Kenya has commenced; this is according to Africa Logistics Properties (ALP) – the company carrying out the  Read More..

Posted on : 09 Jun,2017


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


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