Latest Business News - Africa

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


Hilton constructs First Modular Hotel in Africa

Hilton Builds for the Future at AHIF with Its First Modular Hotel in Africa. Hilton Garden Inn Accra Liberation Road becomes landmark deal, with additional signings in Kenya and Nigeria as Hilton  Read More..

Posted on : 05 Oct,2016


Multi-million dollar commercial complex in Rwanda set to open November

A new multi-million commercial complex in Rwanda is set for opening in November this year. The commercial property is being constructed in the capital Kigali. The construction of the commercial  Read More..

Posted on : 27 Sep,2016


Renovation of Dodoma Airport in Tanzania complete

The renovation of long waited Dodoma Airport has been completed increasing the number of planes landing at the Airport to nine from the normal three,Airport Manager Mr Julius Mlungwa has  Read More..

Posted on : 24 Sep,2016


South African firm completes construction of cooking oil plant in Zimbabwe

Construction of a cooking oil plant in Zimbabwe has recently been completed by a South African company, Willowton with production projected to begin in November this year. The news was confirmed by  Read More..

Posted on : 23 Sep,2016


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