Latest Business News - Africa

Tanzania: Local Investors Advised to Invest More in Hotel Industry

TANZANIANS have been encouraged to invest more in the hotel industry "where there is enormous growth potential". Peacock Hotels Founder and Owner Joseph Mfugale told reporters that the  Read More..

Posted on : 30 Nov,-0001


Uganda: AfDB Gives Uganda U.S. $109 Million for Roads

The Board of Directors of the African Development Bank Group (AfDB) has approved a $109 million) loan to Uganda to finance the Road Sector Support Project V aimed at supporting the realization  Read More..

Posted on : 30 Nov,-0001


Rwanda: New Agric Investment Plan to Be Unveiled Today

A new plan to modernise agriculture will be unveiled today during the second conference of Comprehensive Africa Agricultural Development Program (CAADP) in Kigali. Rwanda which is a CAADP member  Read More..

Posted on : 30 Nov,-0001


Nigeria: Skye Bank Supports Railway Development

Skye Bank Plc has lent its support to the effort to transform the operations of the Nigeria Railway Corporation (NRC) by providing funding for the acquisition of two new set of diesel multiple unit  Read More..

Posted on : 30 Nov,-0001


Kenya: Biogas Plant for Naivasha

nakuru Naivasha town will benefit from a Sh500 million biogas power plant. The Gorge Farm Energy Park is expected to produce 2.8 megawatts in the next two months. The project will be using  Read More..

Posted on : 30 Nov,-0001


Kenya: ICPAK to Build Residential Houses On Thika Road

The Institute of Certified Public Accountants of Kenya will commence the second phase of the CPA Centre in December, adding hostels and apartments to its portfolio. ICPAK said demand for  Read More..

Posted on : 30 Nov,-0001


Rwanda: New Housing Scheme to Benefit 5000 Households

Plans are underway for a new housing project that will see at least 5,000 affordable condos constructed in four parts of the city, according to an official from Rwanda Housing Authority   Read More..

Posted on : 30 Nov,-0001


Indian trade to grow in Africa

  A report out this week suggests India will quadruple revenues from Africa by 2025. With weak demand for Indian goods in traditional markets such as Europe and the US,  Read More..

Posted on : 30 Nov,-0001


Kenya: Real Estate Leaders Rate Kenya High in Opportunity

Kenya presents the best opportunity for real estate investments over the next 12 months, according to majority of participants in a continental property forum in Nairobi slated for mid-next  Read More..

Posted on : 30 Nov,-0001


Kenya: Kidero Donates Sh3 Million for Gikomba Reconstruction

Former Nairobi Governor Evans Kidero has donated Sh3 million for the reconstruction of the Gikomba market. Part of the famous market was burnt down due to an electric fault. The reconstruction  Read More..

Posted on : 30 Nov,-0001


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