Latest Business News - Africa

Nigeria: AfDB Approves N47 Billion to Support Infrastructure, Public Financing in Nigeria

The African Development Bank (AfDB) has approved N47 billion ($300 million) budget support loan for improving transport network, infrastructure, agriculture and power in Nigeria. The Resident  Read More..

Posted on : 30 Nov,-0001

Nigeria: NLC Plans N960 Billion Housing Estates

The Nigeria Labour Congress (NLC) is collaborating with a private property developer Kriston Lally, to develop housing estates in some parts of Nigeria for its members as well as a four-star  Read More..

Posted on : 30 Nov,-0001

South Africa to Build Genocide Museum

South Africa is constructing a museum that will have details of the 1994 Genocide against the Tutsi. The museum will also host the Jewish Holocaust (1939 to 1945). Reports from South Africa indicate  Read More..

Posted on : 30 Nov,-0001

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

Exhibitions In Africa

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