African Business News

Dam in Kenya to be constructed with World Bank support

The World Bank will support the construction of a dam in Kenya to provide enough water to residents. This follows a financial agreement that was signed by Kenya and the World Bank to the tune of US$ 200m to help in the construction of Mwache dam in Kwale County.

Read more...

Construction of 8,000 kilometres of tarmac roads in Kenya to begin

Construction of 8,000 kilometres of tarmac roads in Kenya is set to begin in a week’s time to ease transportation of goods and passengers and boost the country’s economy, Transport Principal Secretary John Mosonik has said.

Read more...

Egypt says it will add 3 GW of power to national grid

Egypt says it will add 3 GW of power to national grid in the coming year in a bid to reduce power deficit facing the country Power.

Read more...

European Bank boosts solar sector in Egypt

Solar sector in Egypt is set to improve significantly after the European Bank for Reconstruction and Development (EBRD) promised to pump to USD 500 million (EUR 471m) by early 2016.

Read more...

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