Latest Business News - Africa

Nigeria: China to Build Truck Plant in Calabar

China's inroad into the economy of Africa is gaining a foothold as a trade delegation on a visit to Cross River State has concluded plans to establish a truck manufacturing plant at the Calabar Free  Read More..

Posted on : 30 Nov,-0001


Nigeria: Institute to Begin Local Production of Cement

The Nigerian Building and Road Research Institute (NBRRI) has disclosed that it has concluded arrangements to begin the production of alternative cement,Pozzolana, to replace the conventional  Read More..

Posted on : 30 Nov,-0001


Tanzania: Dar es Salaam Water Supply Set to Improve Significantly

WATER supply in Dar es Salaam is expected to increase by 50 per cent after completion of a project involving laying down a water pipe with the width of 1,800 millimetres between lower Ruvu and Ardhi  Read More..

Posted on : 30 Nov,-0001


Nigeria: Canada Shows Investment Interest in Nasarawa

The Canadian Ambassador to Nigeria, Chris Cooper has indicated his country's interest to invest in Nasarawa state. Cooper said this on Wednesday during his one-day official visit to the state. The  Read More..

Posted on : 30 Nov,-0001


Kenya: Industrial Park Planned for Nakuru County

Nakuru governor Kinuthia Mbugua has an- nounced an ambitious plan to build a multi-million industrial park in the county. Mbugua said money has already been set aside for the project in which,  Read More..

Posted on : 30 Nov,-0001


Nigeria to Construct U.S.$1.2 Billion Fertilizer Plant

Nigeria is set to make history as plans have been concluded for the foundation laying ceremony of the $1.2 billion world largest gas-to-urea fertilizer plant project. The promoters of the  Read More..

Posted on : 30 Nov,-0001


Liberia: Arab Contractors to Set-Up Office in Liberia

The Representative  of the  Arab Contractors,  a major  contributor to the construction  industry  in the  Middle East and Africa,  arrived  over the  Read More..

Posted on : 30 Nov,-0001


Nigeria: Uraga Develops N2.2 Billion Abuja Lightwell Garden Estate

A property development company, Uraga Real Estate Ltd (a member of the Honeywell Group) has developed the Lightwell Garden Estate project in Abuja, valued at about N2.2 billion, and has promised to  Read More..

Posted on : 30 Nov,-0001


Kenya to Build Plush Marina in Kla

Kampala, Uganda - Some 300 acres of prime land on Garuga Peninsula, on the shores of Lake Victoria in Uganda, are to be turned into an exclusive development known as Pearl Marina. Centum  Read More..

Posted on : 30 Nov,-0001


Ethiopia: Renaissance Dam Power Transmission Project Gets U.S. $1 Billion Loan

Mihret Debebe, Chief Executive Officer (CEO) of the Ethiopian Electric Power Corporation (EEPCo), and China Electric Power Equipment and Technology Co, Ltd (CET) of SGCC, signed a $1 billion loan  Read More..

Posted on : 30 Nov,-0001


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