Latest Business News - Africa

World Bank to provide USD 750 million in funding to boost Kenya's infrastructure

The World Bank has agreed to provide a USD 750 million loan to the International Development Association (IDA) to finance the upgrading of road and other connectivity infrastructure in  Read More..

Posted on : 15 Feb,2021

VINCI JV signs an agreement for a EUR 1.3 billion motorway project in Kenya

A joint venture between VINCI Highways Unit Rift Valley Highway, VINCI Concessions and Meridiam SAS has signed an agreement for the construction of approximately €1.3 billion of the  Read More..

Posted on : 24 Dec,2020

The construction Projects of East Africa is set to increase

Numerous studies of East Africa as an investment destination have discussed some of the main components of the 287 major public and private sector development projects in the region that are being  Read More..

Posted on : 24 Dec,2020

Tanzania's building and construction sector looking at a massive rise in investments

TANZANIA is seeing an unprecedented growth in construction sector in recent years, mushrooming all over the map are new houses, multi-storey buildings, roads and bridges, and this trend has  Read More..

Posted on : 20 Oct,2020

Kenya starts construction of the Kirinyaga County Wang'uru Stadium

The Government of Kenya, through the Ministry of Sports Culture & Heritage of Kenya (Sports Kenya), has begun construction of the nearly USD 2.8 million Wang'uru Stadium in Mwea, Kirinyaga  Read More..

Posted on : 07 Oct,2020

Construction operation in Africa is on the rise

Africa's construction industry includes increasing building ventures in various parts of African countries, such as Eastern Africa, Southern Africa, Western Africa and North Africa, in all sectors,  Read More..

Posted on : 07 Oct,2020

The construction of the Magomeni in Tanzania is expected to be finished early

The construction of the new Magomeni residential buildings in Dar Es Salaam is scheduled to be completed by December of this year. According to Daudi Kondoro, CEO of the Tanzania Building Agency, the  Read More..

Posted on : 07 Oct,2020

Construction of the long anticipated floating bridge in Likoni starts in earnest

The construction of the much-awaited Likoni Floating Bridge, connecting the island of Mombasa to the south of the mainland, in the coastal region of Kenya, has officially broken land in the Liwatoni  Read More..

Posted on : 07 Oct,2020

New parliament building structural works in Zimbabwe now complete

Structural works on the six-storey Parliament Building in Mount Hampden, Zimbabwe is now 100% complete; only internal and external endeavours to enhance the beauty of the structure and make it usable  Read More..

Posted on : 04 Sep,2020

Kenyan firm to construct largest cold chain facility in East Africa

Kenyan firm says it is investing USD 70 million to construct the largest cold chain facility in East Africa to bolster food transportation at a time when United Nations estimates that over 40% of  Read More..

Posted on : 04 Sep,2020

Exhibitions In Africa

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