Latest Business News - Africa

Tanzania: AFDB Ups Tanzania Road Funding by U.S. $100 Million

Dar es Salaam – The African Development Bank (AfDB) has said it is expected to increase fund for roads construction to $650m by the end of this year. AfDB is in the final stages of processing  Read More..

Posted on : 30 Nov,-0001


South Africa: R200 Million Mall to Create Jobs, Reduce Transport Costs

Polokwane – The construction of a R200 million mall in Seshego outside Limpopo’s capital is set to boost job opportunities and lessen transport costs for shoppers, says Polokwane mayor  Read More..

Posted on : 30 Nov,-0001


World Bank Gives Sh3.4 Billion to Boost Private-Public Deals

THE World Bank has approved a Sh3.4 billion ($40 million) loan to Kenya to support public-private sector partnerships. The amount was announced yesterday for the Infrastructure Finance  Read More..

Posted on : 30 Nov,-0001


Kenya: Four Fish Plants Built

The government has constructed four fish cold storage plants at a cost of Sh240 million in various parts of the country. Fisheries secretary Charles Ngugi disclosed this at the National Aquaculture  Read More..

Posted on : 30 Nov,-0001


Tanzania Plans to Boost Infrastructure

THE government has unveiled an ambitious plan to expand the existing railway, air and port networks. This will include boosting their infrastructure. Presenting a report to the on-going CCM National  Read More..

Posted on : 30 Nov,-0001


Gambia: Multi-Million-Dollar Water Project Launched in NBR

Nbr – A rural water supply project financed at the tune of US$8M was recently launched in the North Bank Region administrative town of Kerewan, designed among other things, to enhance the  Read More..

Posted on : 30 Nov,-0001


Liberia: Birth of First Agro Radio Station Announced

What could be Liberia’s first radio station dedicated to exclusively broadcasting agriculture and its related programs is under construction in district #3, Grand Gedeh  Read More..

Posted on : 30 Nov,-0001


Angola: Canhoca Commune Gains Sports Infrastructures

Ndalatando - Two sports infrastructures that were built in Canhoca commune, in Kwanza Norte Province, were handed over last Saturday to the local communities.   The mentioned infrastructures  Read More..

Posted on : 30 Nov,-0001


Construction of $U.S 650 Million Maamba Power Station Starts

THE construction of an electricity transmission line from the US$650 million Maamba thermal power station to Muzuma sub-station has started following the Energy Regulation Board (ERB) granting of  Read More..

Posted on : 30 Nov,-0001


Tanzania: Stock Market Picking Up Steadily

THE shilling has depreciated to the lowest level since January after crossing the 1,600/- mark against the US dollar last week, due to high demand by the industrial and service sectors. Since the  Read More..

Posted on : 30 Nov,-0001


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