Latest Business News - Africa

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


Tanzania begins the construction of largest port in East Africa

 Tanzania has begun the construction of what it says will be the largest port in East Africa at a cost of about $11bn. Backed by China Merchants Holdings International and Oman’s State  Read More..

Posted on : 20 Oct,2015


Construction work begins on major Road in Zambia

 Construction work to upgrade 113km of Samfya to Kasaba major road in Zambia from gravel to bituminous has begun with the main contractor being BSBK Limited.   According to the Regional  Read More..

Posted on : 20 Oct,2015


Construction firm Dorra announces plans to build 10,000 houses in Egypt

 Construction firm Dorra Group has announced plans to construct 10,000 residential houses in Egypt in a bid to tackle the current  demand for housing in the country.   Managing  Read More..

Posted on : 20 Oct,2015


Governor cries foul over US$35m liabilities on road construction in Nigeria

 The Katsina State governor Aminu Masari is a worried man after announcing that his state inherited over US$35 by his government on road construction in Nigeria.He was speaking while inspecting  Read More..

Posted on : 19 Oct,2015


Rosatom announces plans to construct reactors in Dabaa nuclear plant in Egypt

 A Russian nuclear firm Rosatom Corporation has announced plans to construct four Reactors in Dabaa nuclear plant in Egypt.   The  Nuclear power company is currently pushing to  Read More..

Posted on : 16 Oct,2015


Unilever opens first ever constructed ice-cream factory in South Africa

 Multinational goods firm Unilever has opened doors to its first ever ice-cream factory in south Africa. The construction of the factory is said to have cost US $44.36m.   Situated in a  Read More..

Posted on : 14 Oct,2015


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