Latest Business News - Africa

Egypt: 2015 - Egypt's Tourism, Construction Sectors Grow, Others Falter Before Currency Challenges

 Although what goes up can quickly come down at the stock market, Aswat Masriya interpreted the performance of the companies that made the biggest profits and losses in 2015, providing  Read More..

Posted on : 23 Dec,2015


Nigeria: Japan Builds N20 Million Bridge in Abuja

 The Embassy of Japan last Thursday commissioned the bridge it built across River Usman in Gwagwa.   Gwagwa is a sprawling settlement in the south of Abuja Municipal Area Council (AMAC),  Read More..

Posted on : 21 Dec,2015


Construction of first undersea museum in sub-Sahara Africa to begin in Kenya

 Plans to construct first underwater museum in sub-Sahara Africa is set to begin in Kenya, National Museums of Kenya (NMK) coast region assistant director for sites and monuments, Mr Athman  Read More..

Posted on : 18 Dec,2015


Construction of top notch expressway in Ethiopia launched

 Ethiopian Roads Authority has begun the construction of what it says will be a major expressway which, upon completion in five years, will help ease traffic that has been forecast for the next  Read More..

Posted on : 16 Dec,2015


Ethiopia: Authority Launches Construction of U.S.$700 Million Expressway

 The 10,000km highway is designed for traffic levels forecast for the next 21 years   Ethiopian Roads Authority began construction of the Modjo-Hawassa Expressway, which, upon completion  Read More..

Posted on : 14 Dec,2015


Deville Shopping Center in South Africa installs solar panels on rooftop

 Deville Shopping Centre in South Africa now boasts of 1,206 highly efficient solar panels on its rooftop.   The solar panels will supply just about 8% of the centre’s electricity  Read More..

Posted on : 10 Dec,2015


Construction work at Nnamdi Azikiwe Airport in Nigeria to resume 2016

 Construction work at the Nnamdi Azikiwe Airport in Nigeria is expected to resume in 2016. Senator Rabiu Musa Kwankwaso, the Senate adhoc committee on Aviation Chairman has  Read More..

Posted on : 10 Dec,2015


Construction industry in Egypt to grow by 8% in 2016 says report

 Construction industry in Egypt  has been projected to grow by eight per cent in 2016 after an estimated 9.8 per cent in 2015, the Egyptian Ministry of Finance has reported.   The  Read More..

Posted on : 08 Dec,2015


Standard Gauge Railway construction project in Kenya to be extended

 China has pledged to boost the extension of the Standard Gauge Railway construction project in Kenya from the capital Nairobi to the Rift Valley. Kenya will receive a $1.5 billion loan from  Read More..

Posted on : 08 Dec,2015


JICA boosts construction of roads in Tanzania

 Tanzania has signed a US$ 400m loan deal with Japan to boost construction of roads in the country. The road construction in the country is aimed at triggering the growth of business  Read More..

Posted on : 03 Dec,2015


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