Latest Business News - Africa

Concrete strides: Sub-Saharan Africa's infrastructure potential

For this West African city of more than 4.7 million people, the bridge to a better economy starts with an actual bridge. Abidjan’s Henri Konan Bédié (HKB) or “third  Read More..

Posted on : 02 Nov,2015


Central Africa: Fcfa 24 Billion for Central Africa Backbone Project

The Cameroon component of the Central Africa Backbone project involving the laying of 916 km of optical fibre cables of approximately five priority links has received funding from the African  Read More..

Posted on : 02 Nov,2015


Senate halts construction of second runway at an airport in Nigeria

The construction of a second runway at an airport in Nigeria has suffered a major blow after the country’s senate terming the project expensive. The construction of the runaway at Nnamdi  Read More..

Posted on : 02 Nov,2015


ABCEC in Zambia hails govt for huge budgetary allocation in construction sector

Association of Building and Civil Engineering Contractors (ABCEC) has expressed optimism that the construction industry in Zambia is poised for expansion following the allocation US$1.4m towards  Read More..

Posted on : 02 Nov,2015


Liberia: MOH to Construct 100 Housing Units

Authorities of the Ministry of Health (MOH) have assured its workers of the construction of 100 housing units for their occupancy under a mortgage plan in eight of the 15 counties. The counties  Read More..

Posted on : 02 Nov,2015


Construction firms in South Africa to restructure as market demand tumble

 Construction  firms in South Africa are on a restructuring mode in the wake of a fall in market demand for construction and engineering material in the country.   During a  Read More..

Posted on : 29 Oct,2015


Norwegian Scatec firm begins plans to construct solar plants in Egypt

 Norwegian firm Scatec has begun plans to construct 250MW capacity solar plants in Egypt aimed at boasting electricity production in the country.   The mega construction project is being  Read More..

Posted on : 28 Oct,2015


Second phase of road tolling in Zambia Launched

 Second phase of road tolling in Zambia has been launched in a bid to increase  revenue collection for road maintenance and construction Road Development in Zambia(RDA) has announced.. The  Read More..

Posted on : 23 Oct,2015


Google eyes share in Lake Turkana wind power construction project in Kenya

 Information Technology giant Google has announced that it was buying 12.5 per cent stake in Africa’s largest wind farm that is the Lake Turkana Wind Power construction project in  Read More..

Posted on : 22 Oct,2015


Tanzania Starts USD 11 Billion Port Construction Project

 Tanzania has started construction work on $11 billion port and special economic zone, a project backed by China and Oman which aims to transform the East African country into a regional trade  Read More..

Posted on : 21 Oct,2015


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