African Business News

Construction of phase II of Mombasa port terminal in Kenya to begin

The construction of phase II of Mombasa port terminal in Kenya will start early 2017, Kenya Ports Authority managing director Gichiri Ndua has said. When complete, the second container terminal will provide and additional capacity of 470,000 and 550,000 TEUs.

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Completion of light rail construction project in Nigeria set for 2016

The completion of a light rail construction project in Nigeria has been set for December 2016, Lagos State Governor Akinwunmi Ambode has announced. The governor said that once complete the light rail construction project in Nigeria will start operation immediately.

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Lekeka Power signs MoU for construction of wind power plant in Egypt

Lekeka Power has signed a memorandum of Understanding for the construction of a wind power plant in Egypt.

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Drugs firm injects Ksh1bn in 4 new medicines

Laboratory & Allied has launched new medicines in the East African market to help alleviate various conditions. The pharmaceutical company has invested Kshs1 billion towards the development and launch of the four new medicines as the company celebrates 45 years since inception.

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