Latest Business News - Africa

Ciments de l'Afrique to construct new cement plant in Ivory Coast

A Moroccan cement giant company- Ciments de l’Afrique (Cimaf) is set to construct a new US$ 22m cement manufacturing plant in Bouake, Côte d’Ivoire; this is according to a statement  Read More..

Posted on : 15 Oct,2016


Sameer to open US$ 30m milk processing factory in Kenya

A US$ 30m milk processing factory in Kenya is set to be operational in Nakuru, Kenya. It is being constructed by Sameer Agriculture & Livestock Limited (SALL), a company owned by billionaire  Read More..

Posted on : 14 Oct,2016


Chandaria Industries to construct US$ 50m toilet paper manufacturing plant

Chandaria Industries is currently planning to construct a US$ 50m toilet paper manufacturing plant in a move to double its monthly output for toilet rolls and tissue products. The initiative came to  Read More..

Posted on : 14 Oct,2016


Hilton Worldwide to construct a hotel in Nigerian capital Lagos

Hilton Worldwide has announced the signing of a management agreement with a Nigerian firm, Quality Inspection & Testing Services Limited (QUITS), to open a 350-guestroom and suite hotel in  Read More..

Posted on : 12 Oct,2016


Rwanda to construct Model Villages in rural communities

The government will pursue a plan to set aside planned settlement sites in different parts of the country and invest in building ‘model villages’ there as part of the latest efforts to  Read More..

Posted on : 10 Oct,2016


Marriott International to invest in new hotels in South Africa

Marriott International has announced that it will invest in new hotels in South Africa at a cost of US$ 220m. The  American multinational diversified hospitality company says it will develop 3  Read More..

Posted on : 10 Oct,2016


Commercial hubs around railway stations in Kenya set to be constructed

Commercial hubs are set to be constructed around railway stations in Kenya at a whopping cost of US$ 2.1bn. The commercial hubs will be constructed around railway stations in Nairobi, Mombasa and  Read More..

Posted on : 06 Oct,2016


South Africa to launch First phase of Isithebe Industrial Park

South Africa is set to launch the first phase of the US$ 4m Isithebe Industrial Park revitalization soon.This is one of ten industrial parks that have been prioritized by the Department of Trade and  Read More..

Posted on : 06 Oct,2016


Construction of US$ 30m Pepsi bottling plant begins in Zimbabwe

The construction of a US$ 30m Pepsi bottling plant dubbed Varun Beverages Ltd has commenced in Harare, Zimbabwe. Director and Chief Executive Officer, Mr. Shankar Krishnan confirmed the reports and  Read More..

Posted on : 05 Oct,2016


US$60m housing project in Angola to be constructed

A new housing project in Angola named “Aida Cristina”, located in Zango III area in Viana municipality estimated at more than USD 60 million and already been designed in 80 percent, was  Read More..

Posted on : 05 Oct,2016


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