Latest Business News - Africa

BuildExpo seeks to improve construction in Rwanda

The second edition of Build Expo was opened on Wednesday May 23rd by the Minister of Infrastructure, Hon. Ambassador Claver Gatete, at the Kigali Convention Centre.  The event attracted a number  Read More..

Posted on : 24 May,2019


Phase 1 construction of Dar Es Salaam SGR nears completion

Phase one works on US $1.9bn Dar Es Salaam Standard Gauge Railiway (SGR) between Dar es Salaam and Morogoro in Tanzania nears completion. Minister for Works, Transport and Communications Isack  Read More..

Posted on : 23 May,2019


USD 494 million double decker highway for Nairobi, Kenya

According to Transport Cabinet Secretary James Macharia, Nairobi Kenya's first double decker highway road is set to begin construction works in September. Delayed for nearly a decade with the first  Read More..

Posted on : 13 May,2019


ADB Approves $70m Loan for Road Project in Nigeria

The African Development Bank Group has granted approval of $70m loan for a road project in Ebonyi State, Nigeria. The bank is directly providing $40m, while its co-financier, the Africa Growing  Read More..

Posted on : 30 Apr,2019


Rwanda makes it easier to invest and secure construction permits

The process of securing construction permits and spur investments is expected to become much easier in Rwanda as the City of Kigali and the Rwanda Housing Authority as well as the Rwanda Development  Read More..

Posted on : 29 Apr,2019


USD 168 million Nairobi ring road project enters fourth phase

The construction of a US $168 milliom Western Bypass has started. In an announcement the Kenya National Highways Authority (KenHa) and the Ministry of Transport have said that the project is the  Read More..

Posted on : 24 Apr,2019


Kenya to sign deal for the US $3bn Nairobi-Mombasa expressway project

Kenya is set to sign the US $3bn deal with USA for the construction of Nairobi-Mombasa expressway this month. US Ambassador to Kenya Kyle McCarter announced the reports and said the deal will pave  Read More..

Posted on : 12 Apr,2019


East Africa portrays solid monetary development says AfDB report

Economic growth in East Africa is soaring ahead of other regions on the continent at close to 7 percent while the overall outlook for the rest of Africa is cautious, but positive, a report  by  Read More..

Posted on : 08 Apr,2019


Cost effective solutions at Roofexpo Kenya 2019

The 22nd Buildexpo Kenya to be held from 4th to the 6th of July at KICC this year will launch a parallel event for the roofing industry “ Roofexpo East Africa “. The event will serve as a  Read More..

Posted on : 02 Apr,2019


Rwanda secures USD 80 Million from India for school construction

The government of Rwanda has secured funding for the construction of 10 specialized Technical and Vocational Education and Training (TVET) schools across the country. The financing is being supported  Read More..

Posted on : 01 Apr,2019


Exhibitions In Africa

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