Swazi rail construction to connect both South Africa and Swaziland railway which will create approximately 3000 and 6500 jobs for both countries.
The project which is a 150km Swazi rail link is expected to link Lothair in South Africa to Sidvokodvo in Swaziland whereby modernizing two existing lines in both … Read More
Stanbic Bank have outshined its competitors as it was recently announced as the safest bank in Kenya.
Global Finance, an International Financial Publication have ranked Stanbic bank as the safest bank in Kenya.
Every year, Global Finance uses ratings from global ratings agencies like Moody’s, Standard & Poor’s and Fitch … Read More
Mombasa port to get second container terminal after data showed by KPA of 11.9% growth in the first six month of 2017.
The container terminal which is expected to cost US $339.2m will be constructed by the Kenya port authority (KPA) in Mombasa port of the country. The fund is … Read More
Housing sector set to have 20,000 housing unit by the lagos state government in 2018.
The lagos state Government has announced plans to unveil its plans to have up to 20,000 housing unit by 2018 which is expected to boost the state housing sector.
The state government is expected to … Read More
Nigeria vice president and some high profile individuals flag-off the bonny-bodo road project in bonny island.
Bonny local government and bodo city which are both located in Rivers state, Nigeria will finally have a road project which has been abandon for over 40 years to be constructed after the ground … Read More
South Africa to get a prefabrication house by CMIG Drawin that is expected to help the local resident in Gauteng.
Chinese firm China Minsheng Drawin Technology Group (CMIG Drawin) has announced plans to launch a prefabrication house project in south Africa that is expected to introduce a signature construction technology … Read More
Foreign Investors stress worry over the recently signed government policy requesting a free 16% ownership in all foreign owned businesses
President of Dangote Industries, Mr. Aliko Dangote expressed his frustration over the enacted law, stressing that Mr. John Magufuli (President of Tanzania) is “coming through the back door to seize … Read More
Truecaller executives to visit SA and Nigeria in search for their Africa headquarter following the tremendous growth they had across Africa.
On Wednesday Truecaller announced that they’re on a move to increase its presence on the continent making Africa a key priority region. Truecaller is also shopping for a … Read More
Tunisia to have avani hotel and resorts in tunis.
The resorts which are Avani Les Berges Du Lac Tunis Suites and Avani Gammarth Tunis Resort & Spa is expected to be located in a commercial, residential and diplomatic area in Tunis the country capital.
The Resort is expected to have … Read More
The world’s largest insurance company, Germany-based Allianz, is in the midst of a major overhaul of its African operations.
Earlier this year the company launched its new hubs in African at Morocco and Casablanca for more operations, the establishment of this offices across the continent has shown its interest in … Read More
The National Elections Commission (NEC) is expected to announce the first official results from the presidential and legislative elections on Thursday.
Liberia 2017 election is an election that has got the world talking about because the country has gone through so many challenges like the civil war in 1943, Ebola … Read More
Zambia at high risk of debt distress.
Public debt in Zambia increased from 36% gross domestic product at the end of 2014 to 60% at the end of 2016. public debt has being rising at an unsustainable pace and has crowded out lending to private sector and increased the vulnerability … Read More
The World Bank said on Wednesday, down from the 2.6 percent projected in April.sub-Saharan Africa is expected to be 2.4 percent in 2017
The slow rate in the economy of the Sub-Sahara is influence by the fall in the economy of two countries in the region which includes the fall … Read More
Oil rich country on daily fuel crisis
An international and power conference will be holding in South Sudan to deal with the country’s fuel crisis.
Although the country has billions of barrels of oil reserves, petrol stations still run’s dry on daily basis.
South Sudan the third largest oil reserves … Read More
Africa’s top investment destination, celebrates its independence, amidst economic and corruption challenges.
A small country in Western Africa, with a population of approximately 779,000 people. Equitorial Guinea gained independence from Spain on October 12, 1968. Like most African countries, the nation experienced political challenges resulting in a third of the … Read More
Villagers have set up road blocks as they try to hunt the “vampires” down.
Mobs searching for vampires have been mounting road blocks in the district, raising security concerns over five people been killed in the area since mid September and accusing them of drinking blood as part of magic … Read More
Swedish firm decides to move the 600mw wind power plant construction after kenya’s energy department cite lack of framework for renewable energy.
VR Holding AB which is a Swedish firm has decided to move the 600mw wind farm construction from Kenya to Tanzania because the Ministry of Energy turned down … Read More
Dubai’s autonomous flying taxi will make transportation easier and cheaper.
Dubai being in the front pack of embracing new technology has invented an autonomous flying taxi after having insight from the German made electric volocopter, this autonomous flying taxi is being designed for their use presently. The prototype of the … Read More