African Business News

Recycling in Kenya now a booming business

The collection of plastic wastes is becoming a lucrative business for some people in Kenya. Though not all of these collectors know exactly what these plastics they gather and sell out are used for, they consider it a livelihood.

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Scatec Solar set to construct $600m solar projects in Egypt

Leading global solar firm Scatec is now planning to invest over $600m for the construction of solar projects in Egypt over two years.

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Kenya gets Sh3.8 bn boost from IFAD

The International Fund for Agricultural Development (IFAD) has agreed to provide a $37.7 million (Sh3.8 billion) loan to fund key agricultural programs in the country.

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China to invest in major construction projects in Nigeria

Chinese firm Henan International Cooperation Group under the jurisdiction of Henan province is set to invest in major construction projects in Nigeria. This follows a meeting between Henan commissioner Mr. Jiao Jinmiao and Cross River State Governor Ben Ayade in Chinese city of Zhengzhou.

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