Latest Business News - Africa

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


Nigeria to distribute 50,000 free prepaid meters

Nigeria’s Minister of Power, Works and Housing, Babatunde Fashola, is set to officially launch the distribution of 50,000 free prepaid meters to consumers of Kaduna Electric Distribution  Read More..

Posted on : 24 Aug,2016


Largest mall in Lagos set for commissioning

A US$ 92m mall which is slated to be the largest mall in Lagos, Nigeria is set to be commissioned soon; this is according to Novare Group. Chairman of Novare group, Professor Fabian Ajogwu SAN  Read More..

Posted on : 24 Aug,2016


China Wu Yi to construct housing materials plant in Kenya

 A housing materials plant worth US$ 98.7m is set to be constructed in Kenya by a Chinese firm- China Wu Yi and will be completed in June next year. The new plant will be developed in Athi  Read More..

Posted on : 24 Aug,2016


Kenya's Two Rivers Mall to be opened next month

Two Rivers Mall in Kenya is projected to be opened next month after additional time was used to expand it following the immense demand it received from other retailers. The mega mall being developed  Read More..

Posted on : 24 Aug,2016


Kadoma housing project in Zimbabwe takes shape

The Kadoma housing project that was recently commissioned by First Lady Amai Grace Mugabe is taking shape with civil works including construction of road and trenching for water and sewer at various  Read More..

Posted on : 18 Aug,2016


Nigeria to become Africa's mobile phones manufacturing hub

Nigeria is on the path to become  Africa’s mobile phones manufacturing hub  after mobile maker InnJoo announced that it plans to construct a phone manufacturing and assembling plant  Read More..

Posted on : 18 Aug,2016


US$ 15m lubricants factory to be constructed in Mombasa

 A US$ 15m lubricants factory is set to be constructed in Mombasa County, Kenya by KenolKobil in a joint venture with Castrol. This initiative will be a cheaper option other than importing the  Read More..

Posted on : 18 Aug,2016


Rural Energy Agency to electrify all villages in Tanzania by 2021

 Tanzania’s Minister of Energy and Minerals Professor Sospeter Muhongo has said the Rural Energy Agency (REA) plans to connect a total of 7,500 villages to the national grid by 2021. The  Read More..

Posted on : 09 Aug,2016


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