Latest Business News - Africa

Zimbabwe: Nicoz to Construct Houses

ZIMBABWE Stock Exchange-listed insurance group, NicozDiamond Insurance Limited, which reported a 45 percent growth in post tax profit during the year ended December 31, 2012 of US$2,4 million, from  Read More..

Posted on : 30 Nov,-0001


Tanzania: Genocide Memorial Centre to Be Constructed in Tanzania

The governments of Rwanda and Tanzania are currently in talks on the possibility of constructing a Genocide memorial site in the latter's Ngara district to accommodate the remains of victims of the  Read More..

Posted on : 30 Nov,-0001


Egypt: Sudan's Bashir Grants Egypt Land in Khartoum to Build Industrial Complex

The Egyptian president Muhammad Morsi arrived in Khartoum today in his first visit since his election last June in the first free polls conducted after the demise of the regime of deposed leader  Read More..

Posted on : 30 Nov,-0001


Liberia: Renovation Works Begin At Camp Todee

Authorities of the Ministry of National Defense say they have received US$2.4 million for renovation works at the Camp Todee Military Barracks outside Monrovia. Defense Minister, Brownie Samukai said  Read More..

Posted on : 30 Nov,-0001


Tanzania: Dar to Spend Sh65 Billion On Road Projects

DAR ES SALAAM Region has earmarked 65bn/- for 2013/14 road projects, geared to address traffic congestion in the city. Addressing the Dar es Salaam Regional Road Board meeting in the city on  Read More..

Posted on : 30 Nov,-0001


Angola: Cunene to Gain New Provincial Building

Ondjiva - The provincial Governor of Cunene province, António Didalewa, on Tuesday here laid down the first stone for the construction of the building of the local Government, Angop has  Read More..

Posted on : 30 Nov,-0001


Kenyan to Build Sh800 Million Salt Refinery in Tanga

A KENYAN investor, Burhani Taibali, is planning to spend about 800m/- to build a salt refinery at Monga Ward in Mkinga District, Tanga Region. The investor, who is the managing director of Danson  Read More..

Posted on : 30 Nov,-0001


Namibia: Govt Approves Start of Neckartal Mega Dam Construction

The government has finally given the go-ahead for the building of a massive dam on the Fish River in the Karas Region for the purpose of dry land irrigation in the south, despite facing a legal  Read More..

Posted on : 30 Nov,-0001


Kenya: 300 Houses Built for Police in Turkana

The government has completed construction of 300 new housing units for police officers working in parts of Turkana. Some of the officers working in Turkana South have already been relocated to the  Read More..

Posted on : 30 Nov,-0001


Uganda: Kampala Roads Upgraded

The upgrading of the Ush18b ($6.9m) roads by Kampala Capital City Authority (KCCA) in Kawempe (located 5 miles north of Kampala city) has created a marked trade boost in the area. According to  Read More..

Posted on : 30 Nov,-0001


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