Latest Business News - Africa

Major projects in Tanzania all set to boost the economy by 2025

Eastern Africa countries have amplified investment in infrastructure projects in the past 5 years with Tanzania leading in terms of the value and number of projects that broke ground by June last  Read More..

Posted on : 11 Jul,2021


Construction of US $42m new Makupa Bridge in Mombasa, Kenya begins

 The Kenya National Highways Authority (Kenha) has begun construction of the US $42.1m new Makupa bridge in Mombasa. The 457m long bridge will replace the historic Makupa causeway that links  Read More..

Posted on : 11 Jul,2021


Long-stalled US $30bn LNG project in Lindi Tanzania to be revived

The newly sworn-in Tanzania President Samia Suluhu Hassan is set to revive the long-stalled US $30bn liquefied natural gas LNG project in Lindi Tanzania. The project was sidelined under the  Read More..

Posted on : 11 Jul,2021


The African Development Bank spends €345 million in road construction in Kenya and Tanzania.

The African Development Bank's (AfDB) board of directors in Abidjan approved €345 million in funding for road construction support for Tanzania and Kenya.   The African Development Bank  Read More..

Posted on : 11 Jul,2021


Ethiopia signs $456m deals to develop road links with neighbours

The Government of Ethiopia has recently awarded 8 contracts which is worth $456m to construct road links with Sudan, Kenya, Eritrea and Somalia. Among the routes prearranged is a northern link  Read More..

Posted on : 25 Mar,2021


InfraCo Africa elevates housing for students in Kenya

InfraCo Africa, a pivotal part of the Private Infrastructure Development Group (PIDG), has recently subscribed to the Acorn Holdings Ltd (Acorn) Real Estate Investment Trust (REIT) promising to  Read More..

Posted on : 25 Mar,2021


Kenya's NMS is in full swing upgrading Nairobi County Highways

Nairobi Metropolitan Services (NMS) in Kenya is in the midst of upgrading Nairobi county highways, with an emphasis on the Industrial Area now. By launching the tendering process, the NMS has already  Read More..

Posted on : 04 Mar,2021


The largest power plant in the world

 New Administrative Capital (NAC’s) electrical power plant is the largest of its kind in the world. According to Egypt’s Minister of Electricity and Renewable Energy Mohamed Shaker  Read More..

Posted on : 22 Feb,2021


Mombasa International Moi Airport refurbishment has begun

Interrupted by the Coronavirus outbreak last year, the delayed refurbishment of Kenya's Moi International Airport in Mombasa has finally begun, with authorities preparing to complete by the end of  Read More..

Posted on : 16 Feb,2021


World Bank to provide USD 750 million in funding to boost Kenya's infrastructure

The World Bank has agreed to provide a USD 750 million loan to the International Development Association (IDA) to finance the upgrading of road and other connectivity infrastructure in  Read More..

Posted on : 15 Feb,2021


Exhibitions In Africa

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