Latest Business News - Africa

Top 5 Upcoming Projects in East Africa

 East Africa has more than $435 billion of active projects, of which $221 billion are under construction. A fast-growing population that will increase by 25 per cent over the next ten years  Read More..

Posted on : 14 Mar,2022


Construction of four bypasses on Accra-Kumasi highway to commence

The Ghanaian government makes a move to curb traffic congestion and number of deaths recorded along Accra-Kumasi highway. The government of Ghana has awarded contracts to eight local contractors  Read More..

Posted on : 03 Mar,2022


Shs20 Billion Low Cost Housing Project in Kiambu Commences

The construction of an Shs 20 Billion low-cost housing project in Kiambu county, comprising of 4,000 units has been officially launched by real estate companies, Heri Homes and Finsco  Read More..

Posted on : 01 Mar,2022


Tanzania will get a USD 50 million loan from the Organization of Petroleum Exporting Countries (OPEC) for the development of rural infrastructure.

The OPEC Fund for International Development, the Organization of Petroleum Exporting Countries' development finance organisation, has inked a USD 50 million loan agreement with Tanzania to fund the  Read More..

Posted on : 25 Feb,2022


Government to Rehabilitate 363 Kilometers of old MGR Lines in Kenya

 The government through Kenya Railways Corporation, the national railway of Kenya that is also known as Kenya Railways, is set to spend close to US$ 40M to rehabilitate a total of 363 kilometers  Read More..

Posted on : 16 Feb,2022


Tanzanite Bridge starts operation today

 Construction of the new Tanzanite Bridge in Dar es Salaam is complete, on the stroke of midnight on February 1, operations of the new bridge kicked off allowing motorists access they have been  Read More..

Posted on : 04 Feb,2022


Despite forthcoming polls, the construction industry continues upbeat.

The ongoing pandemic has been a stomach hit for everyone, not just those in the sector.  Following the World Health Organization's (WHO) declaration of the Covid-19 outbreak as a pandemic  Read More..

Posted on : 02 Feb,2022


​​​​​​​UK firm set to design Sh28bn Railways City

 A plan to build a Sh28 billion city has moved a notch higher after the Nairobi Metropolitan Service in partnership with Kenya Railways picked UK firm Atkins Global to design the  Read More..

Posted on : 19 Jan,2022


10,000 CBC Classrooms in Kenya to Be Constructed By End Of 2022

 Education Cabinet Secretary (CS) Prof. George Magoha recently announced that a total of 10,000 Competency-Based Curriculum (CBC) Classrooms in Kenya, will be constructed before the end of 2022  Read More..

Posted on : 13 Jan,2022


The construction of the Global Trade Centre (GTC) Tower in Westlands, Nairobi, Kenya, is now complete.

  The Global Trade Centre (GTC) Tower, which consists of six magnificent architectural components in Westlands, Nairobi, Kenya, has been finished and officially commissioned at a ceremony  Read More..

Posted on : 30 Dec,2021


Exhibitions In Africa

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