African Business News

Ethiopia: Authority Launches Construction of U.S.$700 Million Expressway

The 10,000km highway is designed for traffic levels forecast for the next 21 years

Ethiopian Roads Authority began construction of the Modjo-Hawassa Expressway, which, upon completion in five years, will have a million new trees flanking it on both sides.

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Access Infra Africa invests in $100 million Nigerian solar project

Access Infra Africa, a company specialising in developing, owning and operating power assets has signed a joint development agreement with Quaint Global Energy Solutions to invest in the $100 million ABIBA Solar Project in Nigeria.

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Uganda to build its first car plant

Uganda is set to build its first ever automobile assembly plant. This comes as part of an agreement with China, which will also see the construction of a dedicated industrial park.

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Chase Bank gets Sh3bn loan for green projects

Chase Bank has received a Sh3 billion loan from Global Climate Partnership Fund (GCPF) for environmental friendly energy projects.

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