Latest Business News - Africa

Somalia: Turkish Govt to Renovate Public Hall in Mogadishu

Mogadishu (sh.M.Network) the speaker of the Somalia national assembly who had a meeting with his counterpart from Turkey signed an agreement to renovate the public hall in the city. Mohamed Omar  Read More..

Posted on : 30 Nov,-0001


ECOBANK launches China Desk in Dar

Ecobank Tanzania Limited, an affiliate of the Ecobank Group, has launched the China Desk in Tanzania to support emerging business opportunities, international trade, infrastructure projects and  Read More..

Posted on : 30 Nov,-0001


Kenya -Tanzania road gets a USD 232.5 million boost

The African Development Bank has approved two loans totaling USD 232.5 million for the 157.5-kilometre road project from Arusha to Holili in Tanzania, and Taveta to Voi in Kenya, in an effort to  Read More..

Posted on : 30 Nov,-0001


Canadian firm to raise Sh123m for rare earth mining

Canada-based mineral firm Pacific Wildcat Resources plans to raise Sh123 million to finance the ongoing work at its rare earth and niobium project near Mombasa. The amount will be raised through a  Read More..

Posted on : 30 Nov,-0001


Nairobi to host major trade exhibition

This is after more than 300 companies from across the globe confirmed participation in the biggest trade exhibition to explore investment opportunities in Kenya and neighbouring countries. The  Read More..

Posted on : 30 Nov,-0001


Namibia: New Gold Mine to Start Production

THE Otjikoto Gold Mine, located just south of Otavi town in the Otjozondjupa Region, is expected to produce and deliver its first gold by the end of this year. Leake Hangala of the Hangala Group,  Read More..

Posted on : 30 Nov,-0001


Tanzania: Mining Set to Change Economic Landscape

THE mining sector has crucial and significant contribution to Tanzania’s economy, despite various internal and external challenges it is currently facing. The Tanzania Chamber of Minerals  Read More..

Posted on : 30 Nov,-0001


Zimbabwe: Construction of U.S.$100 Million Mall of Zim Set to Start

CONSTRUCTION of West Properties' US$100 million Mall of Zimbabwe is expected to start anytime after May with the completion of a tender process expected to start early next month, West Group CEO Ken  Read More..

Posted on : 30 Nov,-0001


China Approves Major Loans for South Sudan to Improve Infrastructure

South Sudanese president Salva Kiir Mayardit said on Tuesday that the Chinese government has approved a major loan scheme to help his country improve infrastructure, adding that the agreement shows  Read More..

Posted on : 30 Nov,-0001


Uganda: Kabakanjagala Road Under Construction

Kabakanjagala Road is a road laden with history. It connects Mengo Palace to Buganda's government seat, Bulange. However, in the recent past, this road has been more famous for forever being potholed  Read More..

Posted on : 30 Nov,-0001


Exhibitions In Africa

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