Latest Business News - Africa

FG approves $1.4bn Lekki Seaport, N30bn road contracts

The Federal Executive Council on Wednesday approved the development of the Lekki Deep Seaport in Lagos State at an estimated cost of $1.354bn. The project will be implemented through a Public  Read More..

Posted on : 30 Nov,-0001


Malawi: President Banda Launches Jenda-Edingeni Road Construction Works

President Dr. Joyce Banda, presiding over the ground breaking ceremony of the 53-kilometre road from Jenda to Edingeni in Mzimba on Tuesday, has described the start of the construction works of the  Read More..

Posted on : 30 Nov,-0001


Karen hosts Nairobi's newest shopping mall

A consortium of investors with a wealth of experience in various sectors – energy and petroleum, engineering, beverages and residential property development – has begun construction of  Read More..

Posted on : 30 Nov,-0001


Tata Africa in franchise deals to sell building equipment

Tata Africa Holdings (TAH) has entered into franchise agreements with Asian building-equipment makers to distribute their machinery and equipment throughout Africa. TAH has signed agreements with  Read More..

Posted on : 30 Nov,-0001


Rwanda, Kenya, Uganda to Build Super-Highway

Kenya, Uganda and Rwanda are considering building a superhighway from Mombasa to Kigali, parallel to the planned railway. According to regional trade lobby organization Trademark East Africa,  Read More..

Posted on : 30 Nov,-0001


Minister inaugurates construction of 121 km road in Niger

The Minister of Works, Mike Onolememen, on Thursday inaugurated the construction of Mokwa – Bida road, in Niger, worth N10.9 billion. The road, which is approximately 121 kilometres long,  Read More..

Posted on : 30 Nov,-0001


Cote d'Ivoire Poised at a Development Crossroad

All over the Ivorian economic capital, Abidjan, large cranes, involved in the construction of new buildings and highways, are dotted across the city skyline. Soon this city, which is split in two  Read More..

Posted on : 30 Nov,-0001


Chinese Real Estate developer boosts Investor confidence in SA

 The outcome of the R1 billion property deal between chemicals and explosives company AECI and the Chinese property firm Shanghai Zendai, has boosted investor confidence in South Africa’s  Read More..

Posted on : 30 Nov,-0001


Nigeria: New Fund for African Development Inaugurated in New York

A new fund for African development was inaugurated in New York on Friday by leading Nigerian entrepreneur and Deputy CEO at Atlantic Energy, Kola Aluko, who was joined by Oscar winning actor,  Read More..

Posted on : 30 Nov,-0001


Uganda: EU Lends 112.5 Million Euros to Uganda for Roads

This money will go to widening the Kampala Northern Bypass (Phase II) and construction of the Mbarara Bypass. After signing the project agreement at his office last week, Works minister Abraham  Read More..

Posted on : 30 Nov,-0001


Exhibitions In Africa

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