African Business News

Power generation in Uganda to double in three years’ time

Power generation in Uganda will nearly double in the next three years, Benon Mutambi, chief executive officer of the state-run Electricity Regulatory Authority (ERA) has announced.

Read more...

France boosts renewable energy in Africa

African countries will receive €2bn an equivalent of $2.1b from France over the next four years for renewable energy in the fight against global warming.

Read more...

Standard Gauge Railway construction project in Kenya to be extended

China has pledged to boost the extension of the Standard Gauge Railway construction project in Kenya from the capital Nairobi to the Rift Valley. Kenya will receive a $1.5 billion loan from China

Read more...

Construction industry in Egypt to grow by 8% in 2016 says report

Construction industry in Egypt has been projected to grow by eight per cent in 2016 after an estimated 9.8 per cent in 2015, the Egyptian Ministry of Finance has reported.

Read more...

Latest African news, articles, business information and special reports from across the African continent.