Latest Business News - Africa

Construction of Ethiopia-Kenya power transmission line begins

 A Chinese firm has began the construction of a major power transmission line project within Ethiopia. The firm China Electric Power Equipment and Technology (CET) announced Monday that it had  Read More..

Posted on : 03 Aug,2016


Nigeria launches comprehensive housing scheme for workers

 The Federal Government of Nigeria has officially launched a comprehensive housing scheme exclusively meant for federal workers called the Federal Civil Servants Housing Scheme (FISH). In a  Read More..

Posted on : 03 Aug,2016


Salini Impregilo to Construct Dam in Omo River

 Salini Impregilo, has been awarded a 2.5 billion pound project by Ethiopian Electric Power to build a hydroelectric power dam which will have an installed capacity of 2,200MW.  The new  Read More..

Posted on : 01 Aug,2016


Kenya's Garden City Mall to get business park

 A business park is set to be constructed alongside Garden City mall in Kenya’s capital Nairobi  its developers have announced. The owners of the property dubbed The Garden City  Read More..

Posted on : 01 Aug,2016


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


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