Latest Business News - Africa

Nedbank and DBSA partner to construct green houses in South Africa

 Nedbank Corporate and Investment Banking (NCIB) and the Development Bank of Southern Africa‘s Green Fund (DBSA) has partnered to construct 400 green houses in South Africa.   The  Read More..

Posted on : 26 Nov,2015


Cargo airport in Nigeria to be constructed

A US$100.51m cargo airport in Nigeria will be constructed in Nasarawa State,  governor Tanko Al-makura, has said. The governor was speaking during the signing of the financial contract agreement  Read More..

Posted on : 24 Nov,2015


Govt to ease issuance of construction permits in Kenya

 A special committee involving construction regulators has been formed to help look into challenges surrounding issuance of construction permits in Kenya that have been dragging the country down  Read More..

Posted on : 21 Nov,2015


McKinsey urges construction industry in South Africa to strengthen

 Construction industry in South Africa should strengthen and emerge as a major player in Sub-Saharan Africa, an expert from research firm McKinsey Global Institute has said.   Christine  Read More..

Posted on : 18 Nov,2015


Construction begins on largest gas power plant in Ghana

 Ghana has begun the construction of what it says will be the largest gas-fired power plant in sub-Saharan Africa to take advantage of the country’s rich reserves of natural  Read More..

Posted on : 17 Nov,2015


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


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