Latest Business News - Africa

Burundi: World Bank to Finance New Hydropower Development in Burundi

Washington - 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  Read More..

Posted on : 30 Nov,-0001


Angola: Minister Unveils Road Infrastructure

Luanda - The Angolan Construction minister, Waldemar Pires Alexandre, is expected in central Huambo and south-eastern Cuando Cubango provinces on Friday to inaugurate the roads that connect the  Read More..

Posted on : 30 Nov,-0001


Tanzania: Regional Road Project Set to Begin in November

CONSTRUCTION of Arusha - Holili - Taveta highway via Moshi begins in November this year, the Ministry of East African Cooperation has said. The ministry said in a statement that the construction  Read More..

Posted on : 30 Nov,-0001


Kenya: Nairobi to Host Oil, Gas Expo Next Week

Nairobi - Over 70 exhibitors from 28 countries are expected to attend this year's East Africa Oil and Gas Expo 2014 in Nairobi between April 27-29. Organised by the multinational exhibition firm  Read More..

Posted on : 30 Nov,-0001


Nigeria: Working for China On Nigerian Infrastructure

Chinese companies are implementing huge infrastructure projects in Nigeria. But like the colonialists before them, they are engaged in serious labour violations apparently with impunity. How does  Read More..

Posted on : 30 Nov,-0001


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


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