Latest Business News - Africa

Kenyan equity firm to offer Sh3b in support of Rwandan complex

Kenya’s equity firm Fusion Capital will partner with Kigali Heights, a real estate development company, for a $34 million (Sh3 billion) shopping complex, both sides disclosed on yesterday.  Read More..

Posted on : 30 Nov,-0001


Ghana: Takoradi Port Expansion Kicks Off

President John Mahama will today perform a ground breaking ceremony for expansion works at the Takoradi Port. The works, part of a government’s port infrastructure expansion programme, is  Read More..

Posted on : 30 Nov,-0001


National water to build new sewerage system

National Water and Sewerage Corporation (NWSC) is rehabilitating and expanding its existing sewerage systems in Kampala. The NWSC managing director, Eng. Silver Mugisha, said the sewage works under  Read More..

Posted on : 30 Nov,-0001


Kenya: Uhuru Starts Project for JKIA's Sh55 Billion Terminal

JOMO Kenyatta International Airport yesterday broke ground for a new terminal that will have the capacity to handle 20 million passengers every year. And to beat the traffic jam leading to the  Read More..

Posted on : 30 Nov,-0001


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


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