ABDAS – Africa information and Business Directory
Africa information and Business Directory
The International Finance Corporation (IFC) plans to make a Sh2.96 billion ($20.9 million) equity investment in a US-owned Southern African asset management that is building 5,000 affordable residences in Kenya. …
IFC is Co-Investing to Build 5,000 Affordable Houses in Kenya Read More
The construction of Standard Gauge Railway (SGR) project from Dar es Salaam to Morogoro has reached 42 per cent whereas construction of the Makutupora-Tabora section stands at six per cent. …
Construction of Tanzanian railway line completes 42 percent Read More
A US $250m contract has been signed by the Tanzania National Roads Agency (TANROADS) with Japanese-based Sumitomo Mitsui Construction Company (SMCC) to construct a four way bridge along Bandari Road …
Tanzania to commence US $250m bridge construction Read More
Tanzania is all set to commence construction of a mega residential project in Mikocheni area of Dar es Salaam called the Royal Glory resident project that will cost a whopping …
US $43m Royal Glory residence project to be built in Tanzania Read More
Kenya’s Bomet County government has allocated US $6.4m towards the construction of roads and bridges across the county in an effort to ease movement of people and fresh farm produce …
Bomet County invests US $6.4m for roads and bridges in Kenya Read More
The OIB-ODA Tower which is a 25 storey mixed use complex, will be constructed on Sudan Street in Ethiopia’s capital city Addis Ababa. Plans for the building were unveiled at …
10th tallest 25 storey building to be constructed in Addis Ababa Read More
The African Development Bank Group has approved a grant of US $322m to Burundi and Tanzania to finance the 45km Rumonge-Gitaza and 260km Kabingo-Kasulu-Manyovu road upgrading project. Director General of …
US $322m loans approved for multinational road network in East Africa. Read More
East Africa’s first inland dry port in Rwanda has officially commenced it’s operations. Located 20 kilometers from the capital city Kigali, the inland dry port aims to improve the country’s …
East Africa’s premier Inland Dry Port opens in Rwanda Read More
“There’s a huge amount of interest in Africa at the moment in terms of investment, hotel investment and the growth of tourism,” says Jonathan Worsley, Chairman of Bench Events which …
Hotel Development in Africa Read More
Gaborone. Botswana Stock Exchange listed Turnstar Holdings is readying to take on the Tanzania property market. According to the company’s new managing director, Jacob Motlhabane, Turnstar is closer to acquiring …
Botswana firm to acquire Mlimani City properties Read More