Egypt: Qandil Underlines Need to Develop Infrastructure

It is necessary to establish better infrastructure in Egypt and not to focus only on upgrading the railway sector, said Prime Minister Hisham Qandil.   Qandil, meanwhile, said that there are  Read More..

Posted on : 30 Nov,-0001

Uganda: Firm Wins Karamoja Road Contract

Kampala - After spending many years with dusty roads, Karamoja residents (North Eastern Uganda) this year will have reason to smile after government has finalized plan to tarmack their road from  Read More..

Posted on : 30 Nov,-0001

Kibaki roots for roads upgrade to grow trade within Comesa bloc

President Kibaki has likened Malawi’s investment in transnational road networks to a policy that he has pursued in the last 10 years as he roots for deeper economic ties between the two  Read More..

Posted on : 30 Nov,-0001

Africa: Columbia University Establishes First Global Center for Africa

Columbia University has established a Global Center for Africa in Nairobi, the first such institution in the continent. At the launching of the facility at Kenyatta International Conference Centre,  Read More..

Posted on : 30 Nov,-0001

Nigeria: NSE Market Indices Rise By 1.4 Percent

A total of 622.32 million shares worth N4.9 billion were traded in 7,447 deals on the Nigerian Stock Exchange on Wednesday. This was against the 822.69 million shares valued at N5.1 billion traded  Read More..

Posted on : 30 Nov,-0001

EA a major market for private equity

Kenya is among African markets considered a favoured destination for private equity investments in 2013 while Tanzania and Rwanda will be favourites in East Africa, according to a forecast by White  Read More..

Posted on : 30 Nov,-0001

Ghana: Accra Is 4th Best Place to Tour in 2013

The New York Times, one of the most influential newspapers in the United States of America has listed Accra as one of the best places in the world for business and pleasure this year, 2013. Accra  Read More..

Posted on : 30 Nov,-0001

Tanzania: Pemba to Construct Under Water Room

Zanzibar – IN efforts to attract high class tourists and boost tourism sector, investors in Zanzibar have started constructing under water room. “This is a pilot project; we are  Read More..

Posted on : 30 Nov,-0001

Kenya, Uganda issue tenders to build oil pipeline

The governments of Kenya and Uganda have issued tenders for the construction of a 350 km oil pipeline linking the Kenyan town of Eldoret to the Ugandan capital Kampala. The Kenya-Uganda oil pipeline  Read More..

Posted on : 30 Nov,-0001

GM consolidates Africa business, appoints PE-based MD

US car maker General Motors (GM) announced on Tuesday that it was consolidating its sub-Saharan Africa and North Africa operations into a new unit, GM Africa, effective immediately. Mario  Read More..

Posted on : 30 Nov,-0001