Latest Business News - Africa

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


South Africa: Manenberg housing construction project begins

 The mayor of Cape Town Patricia de Lille  has launched a Manenberg housing construction that is expected to house more than 500 families. The US$8.6 million Manenberg housing  Read More..

Posted on : 23 Jul,2016


Ethio-Kenya Road Construction Nearing Completion

"Once the road is complete, it will have significant impact in regional integration and boost trade for the benefit of Kenya and Ethiopia." The Kenya National Highways Authority (KeNHA)  Read More..

Posted on : 05 May,2016


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