Latest Business News - Africa

Zimbabwe: Mining Sector Has Potential to Turn Around Economy

Zimbabwe is rich in natural resources and produces more than 40 types of metals and minerals.   Mineral exports account for close to 40 percent of the country's export receipts, accounting for  Read More..

Posted on : 30 Nov,-0001


Angola: Chinese Investment Prioritizes Construction Since 2012

Luanda - The Chinese private investment in Angola reached its limelight in 2009, in a time the National agency of private investment (ANIP) passed 66 projects worth over 16 billion Kwanzas, mostly in  Read More..

Posted on : 30 Nov,-0001


Liberia: Mittal Signs Ganta-Yekepa Road Building Deal

The much anticipated Ganta-Yekepa road construction agreement has been signed between steel and mining company ArcelorMittal-Liberia and the Liberian government.   The signing signifies the  Read More..

Posted on : 30 Nov,-0001


Angola: Government to Build 59 Schools in 2013

Ondjiva - The Government of the southern Cunene Province plans to build during the year 2013, 59 schools in six districts, in order to decrease the number of children out of the normal education  Read More..

Posted on : 30 Nov,-0001


Nigeria: Bayelsa Constructs 41 Roads, 18 Buildings in One Year

Bayelsa State Government says 90 percent of the ongoing projects including 41 road projects, 18 buildings, a multi million Naira world class Diagnostic Centre and a multi door Court House will be  Read More..

Posted on : 30 Nov,-0001


Nigeria: Bauchi's N7.9 Billion International Airport to Operate This Year

Bauchi - This year's intending pilgrims from Bauchi State are to be air lifted from the N7.9 billion international airport being constructed by the Bauchi State government.   Bauchi State  Read More..

Posted on : 30 Nov,-0001


Rwanda: Chinese Firm to Build Sheraton Kigali Hotel

Century Park Hotels and Residences Ltd, a Chinese construction firm, has acquired 7.6 hectares of land near the Tennis Club in Remera sector for development.   Solomoni Adede, the company  Read More..

Posted on : 30 Nov,-0001


Uganda: Govt to Build 10 Mini Hydro Power Plants

The project is expected to connect electricity to 340,000 households, 800 SMEs   In a bid to extend power to rural areas under the rural electrification programme, the government with a grant  Read More..

Posted on : 30 Nov,-0001


Nigeria: Group Launches N250 Million Quranic Studio

The Goni Abacha Quranic Studios in Kano is to build a state-of-the-art studio for the recording and compilation of Quran recitations.   The group said in a statement by the Secretary of the  Read More..

Posted on : 30 Nov,-0001


Rwanda: Chinese Embassy Constructs Playground for Kacyiru School

The Embassy of the People's Republic of China has built a play ground and paved compound sidewalks for Kacyiru  Primary School.   The facilities were inaugurated on Tuesday by the Chinese  Read More..

Posted on : 30 Nov,-0001


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