Latest Business News - Africa

Sugar processing factory in Rwanda to be constructed

 A sugar processing factory in Rwanda is set to be constructed by Mauritius Investors; this is after the Government gave the financiers the go ahead to set it up. The new processing factory in  Read More..

Posted on : 09 Aug,2016


Mega Tanzanian power line to be ready by 2018

A Mega Tanzanian power line is scheduled to be completed in the next two years paving way for the country to sign power trade agreements with member states of the East African Community after  Read More..

Posted on : 04 Aug,2016


Mega gas plant in Tanzania to be constructed

 Tanzania’s Minister for Energy and Minerals, Professor Sospeter Muhongo has revealed that the government intends to invest at least 30 billion USD towards the construction of a mega gas  Read More..

Posted on : 04 Aug,2016


Tanzania announces grand water distribution project in Tabora

 Tanzania’s President John Magufuli recently announced a grand water distribution project in five districts found in the Tabora Region, saying his government had already sourced for  Read More..

Posted on : 03 Aug,2016


Construction of Ethiopia-Kenya power transmission line begins

 A Chinese firm has began the construction of a major power transmission line project within Ethiopia. The firm China Electric Power Equipment and Technology (CET) announced Monday that it had  Read More..

Posted on : 03 Aug,2016


Nigeria launches comprehensive housing scheme for workers

 The Federal Government of Nigeria has officially launched a comprehensive housing scheme exclusively meant for federal workers called the Federal Civil Servants Housing Scheme (FISH). In a  Read More..

Posted on : 03 Aug,2016


Salini Impregilo to Construct Dam in Omo River

 Salini Impregilo, has been awarded a 2.5 billion pound project by Ethiopian Electric Power to build a hydroelectric power dam which will have an installed capacity of 2,200MW.  The new  Read More..

Posted on : 01 Aug,2016


Kenya's Garden City Mall to get business park

 A business park is set to be constructed alongside Garden City mall in Kenya’s capital Nairobi  its developers have announced. The owners of the property dubbed The Garden City  Read More..

Posted on : 01 Aug,2016


Chinese firm China Wu Yi to construct mega factory in Kenya

 A whopping US$ 38m is set to be spent on the construction of a massive factory in Nairobi , Kenya by the giant Chinese firm- China Wu Yi as it seeks to enhance its exposure in the real estate  Read More..

Posted on : 30 Jul,2016


Saudi Arabia, South Africa lead power generation construction in MEA

 According to the new report from Timetric’s Construction Intelligence Center (CIC), the total value of the power generation construction projects pipeline in the Middle East and Africa  Read More..

Posted on : 29 Jul,2016


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