Latest Business News - Africa

New referral hospital to be built in Eldoret, Kenya at US$ 563m

The Government of Kenya will construct a new referral hospital in Eldoret at a cost of US$ 563m. 200 acres of land have already been set aside for the construction project near the Eldoret’s  Read More..

Posted on : 30 Nov,-0001

Construction of a new oil terminal in Kenya to cost US$ 120m

Niras, an engineering firm based in Denmark has been awarded a contract by the Kenya Ports Authority for the design of a new oil terminal that will replace the existing Kipevu Oil Terminal (KOT).  Read More..

Posted on : 30 Nov,-0001

Kenyan Cement Maker To Build $19m Coal Power Plant

Kenya’s National Cement, a member of the Devki Group of Companies plans to build a Sh1.7 billion ($19 million) coal-fired power plant to feed its clinker manufacturing and limestone mining  Read More..

Posted on : 30 Nov,-0001

Kenya's World Bank business ranking up

NAIROBI - Kenya’s business environment has slightly improved according to an index report released by the World Bank. Ease of Doing Business 2015 - which compiles investment climate data from  Read More..

Posted on : 30 Nov,-0001

Tanzania: Crown Invests Sh321 Million in Dar es Salaam Plant

Crown Paints has invested $3.6 million (Sh321.59 million) in a new manufacturing plant in Dar es Salaam, it announced yesterday. The money will be released in bits over the next 18 months. This  Read More..

Posted on : 30 Nov,-0001

NHC projects 1.0 trillion/- investment by 2015

National Housing Corporation (NHC) is optimistic that its total project investment will grow to 1.0 trillion/- next year, up from 800bn/- this year due to improved infrastructure in the  Read More..

Posted on : 30 Nov,-0001

Kenya to upgrade Moi International Airport at the cost of US$66m

The French Agency for Development (AFD) has signed a US$66m deal that will see the Moi International Airport in Mombasa being upgraded. The loan will be used by the Kenya Airports Authority (KAA) to  Read More..

Posted on : 30 Nov,-0001

One-stop shop for road building and earthmoving solutions in East Africa

Panafrican Equipment Kenуa Ltd has competitively positioned itself to plaу a pivotal role in Kenуa’s 10,000 kilometre road network project. Panafrican Equipment is riding on a  Read More..

Posted on : 30 Nov,-0001

BUILDEXPO indicates foreign interest in Africa

The 18th Buildexpo Kenya in May at Nairobi is witnessing a major increase in the percentage of foreign participation at the event. Full house for the last two years, the organizers, UAE based  Read More..

Posted on : 30 Nov,-0001

Kenya on its way to become the Dubai of Africa

A coalition of foreign investors announced plans to build a “international-controlled economic zone” populated by skyscrapers and luxury residences. The new city will be in Kenya, but the  Read More..

Posted on : 30 Nov,-0001

Exhibitions In Africa

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