Africa business news

Dar es Salaam. A total of $100 million will be the total cost of the ongoing expansion project for Mlimani City (about Sh224 billion on the prevailing exchange rate) as …

$100 million is the cost of Major Mlimani City expansion project Read More

Speaking during a television live programme ‘TUNATEKELEZA’ over the weekend, the TANTRADE acting Director General, Edwin Rutageruka said elsewhere in the world the contribution of SMEs sector has its hand …

TANTRADE to strengthen capacity building of SMEs Read More

Johannesburg – Aliko Dangote, Africa’s richest man, is among those considering counter offers for PPC that could signal a bidding contest for South Africa’s largest cement maker, according to people …

Africa’s richest man may enter bidding war for PPC Read More

Tanzania and India have shared several associations in the past and continue to do the same today in the fields of Agriculture, the mining trade and the continued resistance against …

Tanzanian Trade Minister Charles Mwijage On India Read More

Dr. Reginald Mengi, Chairman of Tanzania Private Sector Foundation (TPSF), has emphasized the importance of current and potential investors to follow their green code to see that it is properly …

Green Economy of Prime Importance according to TPSF Chairman Read More

The African Export-Import Bank (Afrexcompromisarakatil said its $300 million offer in depositary receipts to private investors is expected to boost capital for lending to industries on the continent. The depositary …

Afreximbank to Boost Lending in Africa Read More

The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof Umar Garba Danbatta, has said the telecoms sector contributed N1.549 trillion to the Gross Domestic Product (GDP) in the …

Danbatta: Telecoms Sector Added N1.5tn to GDP in Second Qtr Read More

The decision by Kenyan President Uhuru Kenyatta, his challenger Raila Odinga and their supporters to respect the Supreme Court decision annulling Aug. 8 presidential vote is expected to motivate more …

Kenyan bankers say respect for Supreme Court to attract investors Read More

African carriers posted the largest year-on-year increase in demand of all regions in July 2017 with freight volumes growing 33.7 percent – the second fastest monthly rise in seven years. …

Africa Records Growth on Global Air Freight Read More

The 3rd Indo-Africa ICT Expo 2017, held in Lagos after a change of the host city from Nairobi, say the continent is on the cusp of development because global organisations …

ICT Expo identifies opportunity in Africa’s mobile market Read More