Latest Business News - Africa

South Africa: Amcu Responds to Mining Companies

Johannesburg — Trade union Amcu has submitted a response to platinum mining companies over its latest wage offer and it is being analysed. "Yes, we have received a written response from  Read More..

Posted on : 30 Nov,-0001


Angola: First Cornerstone of Industrial Development Zone Launched

Sumbe - The minister of Industry, Bernarda Martins, launched the first cornerstone of construction of industrial development zone of small manufacturing industries in Porto Amboim, Coastal Cuanza Sul  Read More..

Posted on : 30 Nov,-0001


Eritrea: Micro-Dam Being Constructed in Deqi-Gebru

Adi-Tekelezan - Reports indicated that a micro-dam is under construction in Deqi-Gebru area, Adi-Tekelezan sub-zone, with a view to meeting water supply demand for humans and livestock, as well as  Read More..

Posted on : 30 Nov,-0001


Tanzania: Railways, Roads Get Hefty Funding Priority

THE government will set aside 6.44tr/-, an equivalent of 32.8 per cent of the 2014/15 budget for development to finance major railway and road infrastructure projects and expand the agriculture and  Read More..

Posted on : 30 Nov,-0001


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


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