Latest Business News - Africa

Taiwan Builds Fuel Dumps for Yundum Barracks

The Republic of China on Taiwan (ROC) Wednesday handed over two fuel dumps it built for the 1st Infantry Battalion at Yundum Barracks, to the Gambia Armed Forces (GAF). The fuel dumps are part of  Read More..

Posted on : 30 Nov,-0001


FG Approves N2 Billion for New Presidential Banquet Hall

The Federal Executive Council yesterday approved N2.2 billion for the construction of new presidential banquet hall in Abuja, FCT Minister Bala Mohammed has said.He said this while briefing State  Read More..

Posted on : 30 Nov,-0001


Construction of JNIA Terminal Three to Start Soon

THE construction of passengers' terminal 3 complex at Julius Nyerere International (JNIA) Airport is set to start immediately, should the ongoing search for qualified constructor by Tanzania Airports  Read More..

Posted on : 30 Nov,-0001


Chinese and Brazilian Firms Building the New Angola

Luanda "In Luanda there are no matches." This was the first line of a report written by Nobel Literature laureate Gabriel García Márquez in the Angolan capital in  Read More..

Posted on : 30 Nov,-0001


Liberia: Construction Work Finally Resumes

Following months of stoppage in the construction of the Bong Technical College (BTC), contractor has finally resumed work with a new time table set for the college to be completed by May  Read More..

Posted on : 30 Nov,-0001


Tanzania: More Land Acquired for Mpanda Airport

Mpanda –  MORE than 1bn/- has been spent to compensate 412 people evacuated from the already acquired 238.8 acres of land, to pave way for the rehabilitation and expansion of Mpanda  Read More..

Posted on : 30 Nov,-0001


Tanzania: Arusha Invests U.S. $10 Million in Roads

Arusha –  The Arusha City Authority has invested a total of Tsh25b ($10m) to reconstruct all roads. The funds were allocated to Arusha authorities under the World Bank funded Tanzania  Read More..

Posted on : 30 Nov,-0001


Firm to Build U.S. $100 Million Wind Power Initiative

Nairobi –  Global infrastructure development giant General Electric Company (GE) last week announced a grand plan of investing some $100 million towards power generation in Kenya over the  Read More..

Posted on : 30 Nov,-0001


Uganda: Govt Starts U.S.$476 Million Highway

Kampala - The construction of the long awaited Kampala-Entebbe Expressway, a four-lane dual- carriage toll-road linking Kampala to Entebbe Airport, commenced after it was commissioned early last  Read More..

Posted on : 30 Nov,-0001


Kenya: Laws to Make Houses Cheaper

The Housing ministry is working on new laws that will make houses cheaper, minister Soita Shitanda has said. Shitanda said the bill if passed will make owning a house affordable for the lower and  Read More..

Posted on : 30 Nov,-0001


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