African Business News

First electric railway in Africa launched

The First Chinese-built railway line linking the Ethiopian capital Addis Ababa and the port of Djibouti has been formally inaugurated. Covering a total of 752-kilometer it is the first electric railway in Africa.

The railway which is expected to open more routes and also provide landlocked Ethiopia with a faster access to the port, and encourage industrialization along its route.


South Africa to launch First phase of Isithebe Industrial Park

South Africa is set to launch the first phase of the US$ 4m Isithebe Industrial Park revitalization soon.This is one of ten industrial parks that have been prioritized by the Department of Trade and Industry for upgrading under its Industrial Parks Revitalization Programme.


Construction of East Africa’s largest solar farm to start in earnest

Construction of East Africa’s largest solar farm is set to start in earnest after the Power plant developer, Rural Electrification Authority (REA), announced that it has concluded a PPA with Kenya Power to sell electricity generated from the solar farm at $0.12/kWh.


Hilton constructs First Modular Hotel in Africa

Hilton Builds for the Future at AHIF with Its First Modular Hotel in Africa.
Hilton Garden Inn Accra Liberation Road becomes landmark deal, with additional signings in Kenya and Nigeria as Hilton seeks to double its presence across the continent.


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