Latest Business News - Africa

Volkswagen targets wider East Africa with car assembly plant in Kenya

Car maker Volkswagen(VW) has announced a major comeback into the wider East Africa market with the establishment of a car assembly plant in Kenya to resume producing cars by the end of 2016 four  Read More..

Posted on : 13 Sep,2016


Menlyn Maine Central Square in South Africa to open soon

The US$ 140m Menlyn Maine Central Square in Pretoria, South Africa is set to start operations soon. Henk Boogertman, Architectural Director for Menlyn Maine Investment Holdings confirmed the news  Read More..

Posted on : 13 Sep,2016


Construction work on US$ 150 health university in Rwanda begins

Construction of a health university in Rwanda worth US$ 150m has kicked off in Burera district,  Northern Province Governor, Mr. Aime Bosenibamwe has confirmed. Mr Bosenibamwe  said that  Read More..

Posted on : 13 Sep,2016


Leading spices maker to construct mega factory in Kenya

Leading manufacturer of spices and snacks in the East African region Tropical Heat Limited is set to construct mega factory in Kenya to boost its production capacity.the US$ 4.5m mega factory in  Read More..

Posted on : 13 Sep,2016


South Africa constructs US$ 70m mall in Limpopo

The construction of a US$ 70m mall in Limpopo South Africa dubbed Thavhani Mall is underway with opening date slated for  24 August 2017. The mall in Limpopo sits on a 27 ha piece of  Read More..

Posted on : 13 Sep,2016


Plans underway to construct multi-million dollar airport in Kenya

Kenya plans to construct a major airport in the Eastern part of the country,area governor Martin Wambora has announced. The multi-million dollar airport in Kenya will be constructed in Embu County.  Read More..

Posted on : 26 Aug,2016


Ghana mulls constructing US$ 1.2bn recreation park

A new recreation park in Ghana that will cost US$ 1.2bn is set for construction this is after the sod cutting ceremony was done to mark the beginning of the development project. The park dubbed  Read More..

Posted on : 26 Aug,2016


Kenya's Pan Paper Mill now reopens in September

Kenya’s paper maker Pan Paper Mill factory will now reopen in mid September, General Manager Y. V Choudray has confirmed. The paper factory located in the western part of Kenya has been  Read More..

Posted on : 26 Aug,2016


Tullow's TEN project in Ghana 99% complete

Kosmos Energy, one of the partners working in Ghana’s Jubilee oil fields in the Western Region has revealed that the TEN project is at 99% complete. The project is Tullow’s second  Read More..

Posted on : 26 Aug,2016


Ghana's TEN Oil field project commence commercial oil flow

Ghana National Petroleum Corporation (GNPC), one of the partners for the Tweneboa, Enyenra and Ntomme- TEN Oil field project has announced the commencement of commercial oil flow from the field. The  Read More..

Posted on : 26 Aug,2016


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