Latest Business News - Africa

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

Kenya: Thika Sh0.5 Billion Mall to Open in December

Thika's Ananas Mall in Makongeni, Kiambu county, will open in December, one of its directors, Chetan Shah, said yesterday. The mega mall has been built at a cost of Sh500,000 on a six-acre plo.  Read More..

Posted on : 30 Nov,-0001

Exhibitions In Africa

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