Latest Business News - Africa

New parliament building structural works in Zimbabwe now complete

Structural works on the six-storey Parliament Building in Mount Hampden, Zimbabwe is now 100% complete; only internal and external endeavours to enhance the beauty of the structure and make it usable  Read More..

Posted on : 04 Sep,2020


Kenyan firm to construct largest cold chain facility in East Africa

Kenyan firm says it is investing USD 70 million to construct the largest cold chain facility in East Africa to bolster food transportation at a time when United Nations estimates that over 40% of  Read More..

Posted on : 04 Sep,2020


Kenya Electricity Generating Company PLC (KenGen) has commenced construction of Liquid Drilling Detergent Manufacturing Factory

Kenya Electricity Generating Company PLC (KenGen) has commenced construction of its first-ever Liquid Drilling Detergent Manufacturing Factory, at an estimated investment cost of Sh60  Read More..

Posted on : 15 Jul,2020


Tanzania sign agreements for construction of Dodoma City Outer Dual Carriageway Ring Road

The government of the United Republic of Tanzania has signed two agreements worth about US$ 95.7M for the construction of 112.3-kilometer Dodoma City Dual Carriageway Outer Ring Road.   The  Read More..

Posted on : 04 Sep,2020


Tanzania's Port Construction Begins

The foundation stone has been laid for the construction of a US$20m inland port in Tanzania. Tanzanian Prime Minister Kassim Majaliwa laid the foundation stone for the new port on Lake Tanganyika,  Read More..

Posted on : 15 Jul,2020


US$ 50M TO BOOST EFFORTS TO COMPLETE EAST-WEST ROAD PROJECT IN NIGERIA

The government of Nigeria, led by President Muhammadu Buhari has approved the release of over US$ 50M to boost efforts to complete sections I-IV of the ongoing East-West Road project in Nigeria by  Read More..

Posted on : 15 Jul,2020


UGANDA GOVERNMENT APPROVES US$ 376M FOR MALABA – KAMPALA METER-GAUGE RAILWAY REFURBISHMENT

The national government of the Republic of Uganda has approved US$ 376M for the 215km Malaba – Kampala meter-gauge railway refurbishment project.   An additional investment of over US$  Read More..

Posted on : 15 Jul,2020


CONSTRUCTION OF SELANDER BRIDGE IN TANZANIA OVER 40% PERCENT COMPLETE

 The ongoing construction of the US$ 112.8 M Selander Bridge project in Dar es Salaam, Tanzania is reportedly over 40% percent complete.   This was revealed by Tanzania National Roads  Read More..

Posted on : 15 Jul,2020


Construction plans begin for Tanzania’s Sinoma cement plant

A new mega cement plant is set to be constructed in Tanzanian city of Tanga, a move that promises cutthroat competition in an industry that is already facing a myriad of challenges such as price  Read More..

Posted on : 15 Jul,2020


Kenya getting ready for the future with large-scale public-private projects

 The public-private partnership (PPP) model will be at a great advantage by the end of the fiscal year 2020/21. Kenya wants to make itself ready for the future and is planning to introduce US  Read More..

Posted on : 18 Mar,2020


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