African Business News

Limak Cement Group moves into African Cement market

Limak Cement Group, a Turkey based Cement Company has issued an acquisition request of cement operations and supply in Africa. The company has expressed its interest in some of the African countries such as Mozambique and Ivory Coast.

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Nigeria to construct more Oil Refineries

More oil refineries in Nigeria to be constructed as part of the government efforts to ensure that the country refines substantial volume of its fuel demands, Dr. Ibe Kachikwu, the State Minister for Petroleum Resources has announced.

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Construction industry in Kenya posts ravishing growth despite valuable interest rates

The construction industry in Kenya defied high interest rates to post impressive growth, a new report by Kenya National Bureau of Statistics (KNBS) reveals.

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Siemens confirms six substations construction deal in Egypt

A consortium comprising of Siemens and El Sewedy Electric T&D are expected to construct six state of the art substations in Egypt after signing a contract with Egyptian Electricity Transmission Company (EETC) .

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