Latest Business News - Africa

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

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

Exhibitions In Africa

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