Latest Business News - Africa

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


Rwanda: Construction Industry Urged to Adopt Green Technologies

Experts have called for innovation in the construction sector to ensure conservation of energy and protection of the environment. "The world is moving towards green methods of construction to  Read More..

Posted on : 30 Nov,-0001


Tanzania: Mkapa Foundation to Construct 700 Health Workers' Houses

Sumbawanga - THE Benjamin W Mkapa HIV /AIDS Foundation has embarked on an ambitious project to construct 700 houses for health workers in the country, worth over 50bn/- in five years starting from  Read More..

Posted on : 30 Nov,-0001


Ethiopia: Govt to Launch Construction Industry Policy

In a bid to introduce the first ever legal framework for the construction sector, the Ministry of Urban Development & Construction (MoUDC) is in the final stages of launching the construction  Read More..

Posted on : 30 Nov,-0001


Angola: Governor Announces Construction of Infrastructure

The Governor of the eastern Province of Lunda Norte, Ernesto Muangala, announced Friday, the construction of houses, schools and health centers to improve the social conditions of the population in  Read More..

Posted on : 30 Nov,-0001


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