Latest Business News - Africa

Burundi: World Bank to Finance New Hydropower Development in Burundi

The World Bank's Board of Executive Directors today approved a US$100 million grant to the Republic of Burundi to finance the Jiji and Mulembwe hydropower project. Only four percent of Burundi's  Read More..

Posted on : 30 Nov,-0001


Kenya: Sh50 Billion Nandi Dam Project to Go Ahead

THE construction of a Sh50 billion multi-purpose dam in Nandi county will go on as planned, the Lake Basin Development Authority has said. Director Alex Mukabwa said feasibility studies of the  Read More..

Posted on : 30 Nov,-0001


Construction of Lauca Dam Generates Over 3000 Jobs

The project for the construction of Laúca dam in Cambambe municipality, northern Cuanza Norte province, will generate at least 3.700 direct jobs and 2.100 indirect jobs in its construction  Read More..

Posted on : 30 Nov,-0001


Japan Inks Sh200 Million Pact to Fund Mtwara Hospital Construction

Japan has signed a 133,436 US dollar (about 200m/-) agreement to support construction of Chipuputa dispensary in Nanyumbu district and equipment supply to Nanjota dispensary in Masasi district, both  Read More..

Posted on : 30 Nov,-0001


World Bank signs loan deal for Kenya airport construction

News that the World Bank has signed a major loan deal with the Kenya government worth 17.5 billion Kenya Shillings, all due to be channeled into the reconstruction and expansion of facilities at the  Read More..

Posted on : 30 Nov,-0001


Zambia: Kafubu Mall to Open Soon

THE shopping community in Ndola will soon have a new shopping centre given the tremendous progress which has been made towards the completion of the high-status Kafubu Mall. The US$20 million  Read More..

Posted on : 30 Nov,-0001


Gambia: Basse - Vellingara Road Project Reaches Advanced Stage

Reconstruction work on a road that links the provincial town of Basse in the Upper River Region (URR) and the border village of Vellingara in Senegal has now reached an advanced stage with  Read More..

Posted on : 30 Nov,-0001


Nigeria: Gombe Signs N495 Million Contract for a 250-Bed Hospital Ward

The Gombe State Government has signed a N495 million contract for the construction of a 250-bed ward at the Snake Bite Treatment Hospital, Kaltungo Local Government area of the State. Speaking during  Read More..

Posted on : 30 Nov,-0001


Nigeria: Ecowas Approves U.S.$50 Million for Lagos-Abidjan Road Project

ECOWAS heads of state and government have approved $50 million for the feasibility study and design of the six-lane Lagos-Abidjan road project. The approval was made yesterday at a meeting of  Read More..

Posted on : 30 Nov,-0001


Sierra Leone: Vitafoam Introduces New Construction Method

A leading foam company in the country, Vitafoam Group Sierra Leone Limited, has introduced a new construction method called 'Dry Construction'. The Nigerian-owned company revealed that the new method  Read More..

Posted on : 30 Nov,-0001


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