Latest Business News - Africa

Kariba South Extension project 91% complete

 The $533m Kariba South extension project began in November 2014. The dam is expected to add 300MW to the national grid upon completion.   According to the permanent secretary Mbiriri,  Read More..

Posted on : 05 Aug,2017


Kenya High court rules on geothermal power accessories tender

 A three judge bench at Kenyan Court has ruled that a geothermal power accessories tender to proceed.   Daily Nation reports that the Court of Appeal ruled in favour of Rentco East  Read More..

Posted on : 05 Aug,2017


Teraco is building the biggest data centre in Africa

 Construction of Teraco’s new data centre in Bredell is progressing swiftly.   The company began building the 24-megawatt site in January, which is expected be completed in November  Read More..

Posted on : 05 Aug,2017


Kenya Railways Corporation receives new locomotives and rolling stock for SGR shipment service

 Kenya Railways Corporation (KRC) has received more shipment locomotives and wagons for the Standard Gauge Railway (SGR) cargo service operations.   Atanas Maina, the Corporation’s  Read More..

Posted on : 04 Aug,2017


The Minister of Electricity Inaugurates Egypts Largest Bank-Owned Solar Station

 Egypt has officially opened a solar collecting power station. Mohammed Shaker, the minister of electricity and renewable energy did this on the roof of Crédit Agricole Egypt head  Read More..

Posted on : 04 Aug,2017


US$ 26m bakery launched in Western Cape, South Africa

 A US$ 26m bakery in Bellville in the Western Cape of South Africa has been launched that will see the construction of a brand-new plant and an upgrade of interiors of the existing  Read More..

Posted on : 04 Aug,2017


Rehabilitation work on the P41/1 road in South Africa completed

 Rehabilitation work on the P41/1 road near Nigel has been completed. The US$1.2mn project has restored the road for a further 15 years.   The rehabilitation works   The  Read More..

Posted on : 03 Aug,2017


Kaffu Bullom Mini-Grid in Sierra Leone Launched

 Sierra Leone President,Dr Ernest Bai Koroma, as part of efforts to increase energy access to rural communities, launched the Kaffu Bullom Mini-Grid at Conakry Dee, Port Loko  Read More..

Posted on : 03 Aug,2017


Tanzania Ports Authority to construct extensive dry port at Katosho

 Tanzania Ports Authority (TPA) has plans to construct an extensive dry port at Katosho, Kigoma. The port will be termed as one among the biggest investment made by the authority in modern  Read More..

Posted on : 03 Aug,2017


US$ 9m sugar factory to be constructed in Western Kenya

 A US$ 9m sugar factory is set to be constructed in Siaya County, Kenya by a Kisumu businessman and owner of Foam Mattresses Limited.   This comes a time when sugar production is at a low  Read More..

Posted on : 03 Aug,2017


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