Latest Business News - Africa

Ethiopia: Indian Company to Build 10 Billion Br Textile Plant

The company will export a large proportion of the yarn it produces, taking advantage of government incentives SVP Textiles Plc, an Indian Company, has started construction of a 10-billion Br  Read More..

Posted on : 30 Nov,-0001


South Africa: New Cement Producer Enters South African Market

China's Jidong Development Group, one of the world's top five cement makers, is to enter the South African market with the construction of a R1.8-billion, one-million tonne per annum cement plant in  Read More..

Posted on : 30 Nov,-0001


Gambia: U.S.$200,000 Bansang Hospital Vision Centre Inaugurated

The governor of Central River Region (CRR) Alhaji Ganyie Touray recently inaugurated a $US200, 000 Bansang Vision Centre, constructed by 'One-Sight' at the Bansang Hospital. In his remarks at the  Read More..

Posted on : 30 Nov,-0001


Ethiopia: China Agrees to Construct Flagship Special Economic Zones

The zones, which will be in Kombolcha, Hawassa, Dire Dawa and Addis Abeba, will provide special conditions to businesses The Chinese premiere's visit to Ethiopia brings along China's first attempt  Read More..

Posted on : 30 Nov,-0001


Tanzania: U.S. Firms to Invest in Sisal

Tanga - TWO American companies will invest USD 10m/- in sisal and enable the sector produce biogas electricity and sugar from sisal plants. Sisal Quality Control Officer from Tanzania Sisal Board  Read More..

Posted on : 30 Nov,-0001


Africa to Attract U.S.$880 Billion Investment in Agric By 2030

The African Development Bank (AfDB) has said that Africa has potential to attract 880 billion dollars (about N141.7 trillion) investment in agriculture by 2030. This is contained in a report jointly  Read More..

Posted on : 30 Nov,-0001


Kenya: Embu to Build 16 Dams At Sh48 Million

The semi arid Mbeere North and South subcounties residents will benefit from 16 dams projects to be funded by the Embu government. Agriculture executive Patricio Njiru said the county government has  Read More..

Posted on : 30 Nov,-0001


Kenya: French Firm to Build Low Cost Houses

A French construction firm is carrying feasibility studies in Busia county to build cheaper houses for residents. The team from Group Renouveau Habitat International paid a courtesy call on Deputy  Read More..

Posted on : 30 Nov,-0001


Zambia: ZICA Invests U.S. $300 Million in L/Stone Convention Centre

THE Zambia Institute of Chartered Accountants (ZICA) has laid a foundation stone for the construction of a state-of-the-art convention centre in Livingstone at a cost of US$ 300 million. ZICA  Read More..

Posted on : 30 Nov,-0001


Zambia: K53 Million Chiawa Bridge Ready By June

THE Road Development Agency (RDA) has announced that it will hand over the K53 million worth Chiawa Bridge on June 30, this year. Both RDA chief executive officer Bernard Chiwala and manager for  Read More..

Posted on : 30 Nov,-0001


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