Business

Largest Modern Shipyard in Sub-Saharan Africa launched in Kenya
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The new modern shipyard in Mombasa will provide Kenya with competitive advantages in shipbuilding and marine engineering.

Congo Government and DP World finalise agreement for Banana Port expansion
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DP World will begin construction of the DRC’s first deep-sea port, located at Banana along the country’s 37km coastline on the Atlantic Ocean,…

Rwandan Investor funding project to recycle plastic waste into construction materials
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US$3 million to be invested in the construction of a 'plastic to pavers' recycling plant.

Besix to construct roof structure of Abidjan Exhibition Centre in Cote D'Ivoire
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PFO Africa, the designer and builder of the Abidjan Exhibition Centre (Parc des Expositions) in Ivory Coast, has awarded BESIX a contract to build…

Southern Africa set for economic rebound
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Southern Africa is set for an economic rebound in 2021 and 2022, provided the Covid-19 pandemic tapers off.

US$14m funding for expansion of Rwanda's state-of-the-art King Faisal Hospital
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The King Faisal Hospital (KFH) in Kigali secured US$14 million funding for expansion of its facilities from the Eastern and Southern African Trade…

Accor signs first Mantis in Masai Mara, Kenya
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The Accor Hotel group is expanding its footprint in Eastern Africa with the opening of the first Mantis property in Kenya.

Nigeria’s Construction Industry Poised to Achieve 3.9% Growth in 2021
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After a rough year in 2020 with a 7.7% decline in output, Nigeria's construction industry is expected to achieve a growth of 3.9% this year, 2021…

Amazon to Construct $280m African Headquarters in South Africa
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In April this year, Amazon announced plans to set up its Africa headquarters in Cape Town, South Africa.

Kenya: GDC Launches Direct-Use Applications of Geothermal Steam
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Kenya's Geothermal Development Company (GDC) has initiated Direct-Use applications of geothermal steam to power industrial processes.