Latest Business News - Africa

Ethiopia launches its first geothermal well

Ethiopia has launched its first geothermal well which was drilled and has successfully discharged steam. The project which was part of the Aluto Langano Geothermal Project supported by the Japanese  Read More..

Posted on : 30 Nov,-0001


Mali to build West Africa's first industrial-scale solar plant

Mali has signed an agreement with a Norwegian renewable energy specialist to build west Africa’s first industrial-scale solar power plant, the company announced in a statement on  Read More..

Posted on : 30 Nov,-0001


Investors likely to put Accelerate Property Fund on buying list

More investors are likely to place Accelerate Property Fund on their buying lists after the company finally acquired the rights to add another 90000m² to Fourways Mall.The deal is worth R730m  Read More..

Posted on : 30 Nov,-0001


Aggreko set to boost power generation in Ghana

The Ghana Energy Commission has concluded and issued a provisional license to Aggreko plc to boost power generation in Ghana by putting up a power generating plant at Esiama, in Ellembelle District.  Read More..

Posted on : 30 Nov,-0001


Coega investors play key role in metro's economic growth

Government officials, both local and regional, are optimistic regarding the investor growth within the Coega Development Corporation (CDC) Industrial Development Zone (IDZ) and believes key role  Read More..

Posted on : 30 Nov,-0001


African states sign cyber-security deal

World Bulletin / News Desk  Uganda, Kenya and South Sudan are among several African states to have signed a new deal on cyber security to protect multi-million-dollar oil and transport  Read More..

Posted on : 30 Nov,-0001


Kenya is building Africas biggest wind energy farm to generate a fifth of its power

Kenya set in motion the construction of Africa’s biggest wind power farm this week, near Laisamis, 550km north of Kenya’s capital Nairobi. Known as the Lake Turkana Wind Power Project,  Read More..

Posted on : 30 Nov,-0001


Afrimat set to profit from Infrasors incorporation

Unloved quarrying group Infrasors (IRA) looks as though it might become a reliable profit block in Afrimat’s (AFT’s) building supplies portfolio. Afrimat holds 91.6% of Infrasors (if  Read More..

Posted on : 30 Nov,-0001


Kenya: US$ 25m Kisumu shopping mall almost complete

A US$ 25m shopping mall which is being constructed in Kisumu, Kenya is nearing completion and is projected to be the largest of its kind in the region. It is anticipated to help push up the   Read More..

Posted on : 30 Nov,-0001


Eskom installs solar power at its offices

In the midst of loadshedding and high electricity prices, national energy utility Eskom is looking at alternative sources of energy to power its offices. Solar panels are being put up at Sunilaws  Read More..

Posted on : 30 Nov,-0001


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