Latest Business News - Africa

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


Development of 300MW solar plant in Nigeria to begin in earnest

 The Federal Government of Nigeria has finalized signing a Memorandum of Understanding (MoU) with a consortium of independent power producers (IPPs) for the construction of a 300MW solar plant  Read More..

Posted on : 29 Jul,2016


Tractor assembling plant in Tanzania to be constructed

 A tractor assembling factory in Tanzania is set to be constructed in Kibaha area after the government secured soft loan worth US $55m from Poland. The Permanent Secretary in the Ministry of  Read More..

Posted on : 27 Jul,2016


Multi-million dollar Shopping Mall to be constructed in Nigeria

  A Multi-million dollar Shopping Mall is set to be constructed in Ikeja area, Nigeria; this is after the Local Government of the area settled their disputes with the residents.   The  Read More..

Posted on : 27 Jul,2016


Africa's richest man constructs petrochemical plant in Nigeria

 Africa’s richest man Aliko Dangote’s company Dangote Group has announced plans to construct a refinery and a petrochemical plant in Nigerian capital Lagos. The group will deliver  Read More..

Posted on : 23 Jul,2016


US$ 1.8 billion fertilizer plant in Tanzania to be constructed

 Tanzania Petroleum Development Corporation will be constructing a mega fertiliser manufacturing plant at Kilamko, Lindi Region. Construction of the US$ 1.8 billion fertilizer plant in Tanzania  Read More..

Posted on : 23 Jul,2016


Hawassa Industrial Park in Ethiopia to be inaugurated

 The new Hawassa Industrial Park in Ethiopia will be inaugurated on July 13, 2016, the  Ethiopian Industrial Parks Development Corporation (IPDC) has said. IPDC Board Chairperson Dr.  Read More..

Posted on : 23 Jul,2016


Two major hotels in Tanzania to be constructed

 Four Points by Sheraton brand in Tanzania and Four Points by Sheraton Dar es Salaam will be introduced in the Tanzanian market this comes with the signing of Four Points by Sheraton Arusha  Read More..

Posted on : 23 Jul,2016


Africa's first green village now eyes 6 Star Green Star rating

 Blue Rock Village, Africa’s first green village, today announced that it will be targeting a 6 Star Green Star SA – Communities Rating from the Green Building Council South Africa  Read More..

Posted on : 23 Jul,2016


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