Latest Business News - Africa

Namibia: Oshikoto Scores Big in Development Budget

Oshikoto Region, named after its natural Otjikoto Lake and famed for its minerals, has been allocated N$604,1 million in the latest development budget.   Lake Guinas, is situated southwest  Read More..

Posted on : 16 Nov,2015


Djibouti: The New Railway Line Connecting Ethiopia and Djibouti to Start Early 2016

The new railway line connecting Ethiopia and Djibouti will open starting early 2016 the head of the Ethiopian Railways told the press. The 450-mile line which is being built by China Railway  Read More..

Posted on : 13 Nov,2015


Four industrial parks in Ethiopia to be contracted

Four industrial parks in Ethiopia will be constructed in the next two years that will cost US$ 2bn, a senior government official has confirmed. Trade and industry State Minister Tadesse Haile  Read More..

Posted on : 11 Nov,2015


Volta River Authority in Ghana to inject 110MW to the national grid

National electricity producer Volta River Authority in Ghana has pledged it will  inject 110MW of power to the national grid before the end of 2015. According to the Project Manager of Kpong  Read More..

Posted on : 09 Nov,2015


Completion of light rail construction project in Nigeria set for 2016

The completion of a light rail construction project in Nigeria has been set for December 2016, Lagos State Governor Akinwunmi Ambode has announced. The governor said that once complete the light rail  Read More..

Posted on : 09 Nov,2015


Lekela Power signs MoU for construction of wind power plant in Egypt

Lekeka Power has signed a memorandum of Understanding for the construction of a wind power plant in Egypt. Actis Fund and Lekela Power signed the MoU in the presence of  President Abdel  Read More..

Posted on : 09 Nov,2015


Volta River Authority in Ghana to inject 110MW to the national grid

 National electricity producer Volta River Authority in Ghana has pledged it will  inject 110MW of power to the national grid before the end of 2015.   According to the Project  Read More..

Posted on : 06 Nov,2015


Construction of phase two of gas project in Ghana gets funding

 Chinese firm Sinopec International Petroleum Service Corporation has offered to finance the construction of phase II of gas project in Ghana.   The giant Chinese Oil Company has  Read More..

Posted on : 05 Nov,2015


ARM Cement in Kenya to adopt new cement production technology

 Cement manufacturer ARM Cement in Kenya has announced that it will launch a new technology in the production of cement, a move that will significantly reduce the cost of  construction,the  Read More..

Posted on : 03 Nov,2015


Kenya: Lonyangapuo Wants Cement Factory Built

West Pokot Senator John Lonyangapuo has given an investor three months to start building a cement factory whose foundation stone was laid at Sebit four years ago. Cemtech Sanghi Group Company  Read More..

Posted on : 02 Nov,2015


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