Latest Business News - Africa

East Africa: AfDB Approves $138m for Rusizi III Hydro Project

 The African Development Bank (AfDB) has approved $138 million in loans and grants to finance the Rusizi III hydropower plant project.   A statement from the AfDB indicates that the  Read More..

Posted on : 05 Jan,2016


Egypt: Sisi Meets EAAF Head to Review National Projects

President Abdel Fattah El Sisi on Saturday 2/1/2016 met with head of the Engineering Authority of the Armed Forces (EAAF) Maj.-Gen. Kamel el Wazir along with EAAF's senior officials and  Read More..

Posted on : 04 Jan,2016


Ghana: U.S.$1.5 Billion Tema Port Expansion Project Starts 2016

 Expansion works on the Tema Port will start next year. The first phase of the $1.5 billion project is expected to be done in about three years.   The port is expected to handle thrice  Read More..

Posted on : 30 Dec,2015


Kenya: Kerra Invites Bids for Ngong-Isinya Roads Repair

 Construction companies should bid for the repair of two roads in Kajiado county damaged by recent floods, the roads agency has said.   The Kenya Rural Roads Authority yesterday cited the  Read More..

Posted on : 29 Dec,2015


China pledges $800m for Ivory Coast electricity project

 ABIDJAN: China will provide Ivory Coast with over $800m (€730m) for a major expansion of its electrical grid which would bring power to 500 towns, officials announced on Tuesday, 22  Read More..

Posted on : 26 Dec,2015


Angola: Trade Minister happy with investment contracts of more than USD six million

The contracts, signed within the jurisdiction of the Agency for Investment Promotion and Exports of Angola (APIEX-Angola), stipulate that investments should be made in the area of ​​trade  Read More..

Posted on : 24 Dec,2015


Uganda: Japan to Lend Uganda Shs559 Billion for Flyovers

 Kampala — Uganda and Japan have concluded a loan agreement for financing the construction of flyovers in Kampala.   Japan will lend Uganda ¥19.989 million (about Sh559b) for  Read More..

Posted on : 24 Dec,2015


Steel Structure Housing Industrialization in China Shall Enter 2.0 Era

 At present, China’s steel structure housing only accounts for a small part, and the early development of steel structure housing was converted from concrete structure, but in fact this  Read More..

Posted on : 24 Dec,2015


Egypt: 2015 - Egypt's Tourism, Construction Sectors Grow, Others Falter Before Currency Challenges

 Although what goes up can quickly come down at the stock market, Aswat Masriya interpreted the performance of the companies that made the biggest profits and losses in 2015, providing  Read More..

Posted on : 23 Dec,2015


Nigeria: Japan Builds N20 Million Bridge in Abuja

 The Embassy of Japan last Thursday commissioned the bridge it built across River Usman in Gwagwa.   Gwagwa is a sprawling settlement in the south of Abuja Municipal Area Council (AMAC),  Read More..

Posted on : 21 Dec,2015


Exhibitions In Africa

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