Latest Business News - Africa

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

Expert attempts to transform the construction sector in South Africa

 The construction sector in South Africa need to undergo radical change if they are to have a better outlook. In an overview of the construction sector in South Africa for 2016, Frans Pienaar,  Read More..

Posted on : 12 Jan,2016

Meet Your Industrial Cooperation Partners in ROOFTILE CHINA2016

 Good news from ROOFTILE CHINA2016! Up till now, quite a few exhibitors show their willingness in attending this event and most of them have confirmed their booths. In view of the good harvest  Read More..

Posted on : 12 Jan,2016

Ethiopia: Ministry Signs Contract to Begin Nat'l Stadium Construction

 Minister Redwan Husien and Company General Manager Song Sudong exchanging the signed document   The Ministry of Youth and Sports yesterday signed an agreement to launch the construction  Read More..

Posted on : 07 Jan,2016

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

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