Latest Business News - Africa

Project Timeline and Information for the Tanzania Standard Gauge Railway (SGR)

Two Chinese businesses who recently obtained a contract with the government to develop Tanzania's SGR final phase will build the Tabora to Kigoma section of the project. By 2027, it will reduce the  Read More..

Posted on : 29 Dec,2022


Tanzania exceeds expectations, according to the global innovation index

In the lower-middle income group, TANZANIA has outperformed expectations, according to the most recent Global Innovation Index (GII) 2022. Tanzania received 19.4 points out of a total of 100 in the  Read More..

Posted on : 29 Dec,2022


AIIF4 invested USD 34 million and supports Kenyan Road Annuity Programme

 Kenya's Road Annuity Programme will receive a USD 34 million investment from AIIM, Africa's largest dedicated infrastructure private equity investor, via its pan-African AIIF4 Fund. From  Read More..

Posted on : 02 Dec,2022


Anchor Developments plans to launch in 2022 or 2023 with an investment of EGP 10 Billion

A strong investment plan and initial investments of EGP 10 billion were used to launch Anchor Developments, a new real estate development division of Alsarh Holding Group. According to Amr Ali,  Read More..

Posted on : 10 Nov,2022


FSD Eyeing Ethiopian Investment Opportunities; CEO Demands Peace Agreement to Boost Economic Growth

FSD — Fonds Souverain de Djibouti According to Djibouti Sovereign Fund CEO Slim Feriani, the peace agreement signed by the Government of Ethiopia and the TPLF will put the country's economic  Read More..

Posted on : 07 Nov,2022


Tanzania's Bagamoyo Port will be expanded as part of the largest project in East Africa

The construction of the Bagamoyo port won't have to wait any longer for investors to begin, according to Plasduce Mbossa, director general of the Tanzania Ports Authority (TPA). Mr. Mbossa  Read More..

Posted on : 18 Oct,2022


Tanzania's Dodoma Stadium, the largest stadium in Africa

 Pauline Gekul, the deputy minister for culture, arts, and sports, revealed that the government was ready to begin construction of the proposed Dodoma Stadium. Gekul made the revelation while  Read More..

Posted on : 21 Sep,2022


Ethiopian investor plans to build a USD 1 billion WA Cement Factory

Ethiopia is planning to build a USD 1 billion WA Cement Factory. One of the richest investors in the nation of East Africa, Worku Ayetenew, will construct the plant. The W.A Cement Factory will  Read More..

Posted on : 25 Aug,2022


UK firm to develop Kigali green city master plan

Feilden Clegg Bradley Studios (FCBStudios), a British architectural design firm, has been selected to develop the green city Kigali master plan and detailed designs for the pilot  Read More..

Posted on : 24 Aug,2022


DFIs promise to back the African Infrastructure Investment Fund

 British International Investment (BII) and FMO, development finance institutions (DFIs), on July 27 made a joint commitment to the African Infrastructure Investment Fund 4 (AIIF4), managed by  Read More..

Posted on : 28 Jul,2022


Exhibitions In Africa

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