Latest Business News - Africa

Road construction in Malawian capital Blantyre to begin

Construction of three roads in Malawian commercial capital Blantyre is set to kick off after the Blantyre City Council received $1.6 million dollars from government. The three roads set for  Read More..

Posted on : 12 Feb,2016


Development capital boosts African infrastructure

A new report sponsored by global law firm Baker & McKenzie finds that the funding gap for African infrastructure has narrowed to about $25bn a year, based on a continental need of $90bn worth of  Read More..

Posted on : 08 Feb,2016


Major road being constructed in Nigeria gets financial boost

A major road that is being constructed in Nigeria has received a major boost after Energy firm LNG Limited  committed to provide 50% of the US$301.97m of the total amount required for the  Read More..

Posted on : 08 Feb,2016


Construction of major highway at Kenya's Coast to begin

Kenya National Highways Authority (KeNHA) has confirmed that the construction of a major highway at Kenya’s Coast is set to begin later this year. The Garsen-Witu-Lamu road in Kenya is expected  Read More..

Posted on : 08 Feb,2016


US$ 300m Kigali Convention Centre in Rwanda set to be opened in June

 The multi-million Kigali Convention centre in Rwanda’s capital is set to be officially opened in June this year; this is according to Ultimate Concepts Limited (UCL) who owns the  Read More..

Posted on : 06 Feb,2016


Construction of hydroelectric power stations in Gabon to begin

 The Gezhouba Group Corporation (CGGC), a Chinese base company specializing in the construction of hydroelectric power stations plans to construct two  hydroelectric power stations in  Read More..

Posted on : 06 Feb,2016


Egypt banks on president Xi Jinpings visit to boost infrastructure

 Egypt banks on president Xi Jinping’s visit later this month to boost its infrastructure network seen as a key driver of the economy. A number of agreements that will align the economic  Read More..

Posted on : 19 Jan,2016


Lagos State in Nigeria plans to construct inner roads at a cost of US$ 87.74m

 The Lagos State government in Nigeria plans to construct several roads in the state after it approved the construction of 114 inner roads in the state. The US$ 87.74m projects will be executed  Read More..

Posted on : 19 Jan,2016


BUILDEXPO AFRICA 2016 ramps up with bigger, better venue

Africa’s largest international trade exhibition for the Building and Construction industry BUILDEXPO AFRICA returns this year with a much brighter event at a brand new, larger and conveniently  Read More..

Posted on : 16 Jan,2016


Uganda: Makerere Starts Shs 43 Billion Construction Works

Construction of two four-storey structures at Makerere University started last week, with earth movers starting to prepare the ground for major works.   The buildings being constructed include  Read More..

Posted on : 12 Jan,2016


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