African Business News

491 km railway line connecting Ethiopia to Sudan launched

The foundation of a 491km railway in Ethiopia has been finally laid down by the Prime Minister HaileMariam Desalegn, this initiative will tremendously assist the local farmers transport their products to neighbouring markets and also see the nation easily link to South Sudan.

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US$ 61.7m to be spent on completion of Bagamoyo- Msata road in Tanzania

Tanzania’s Bagamoyo- Msata road which is 98 per cent complete will need a whopping US$ 61.7m to be 100 per cent complete; this is according to the National Assembly.

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US$ 14.5m lubricant factory to be built by Kenol Kobil

Kenya’s third largest oil marketer, Kenol Kobil is planning to develop a mega lubricant factory in Mombasa which is stipulated to cost US$ 14.5m.

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Garden City, East Africa’s largest mall nears completion

The almost complete phase of Garden City institutes 33,000 square metres of retail space including 120 local and international brands that are placed in three levels, the first floor is fully taken by Game, the flagship store in Kenya for this retail giant which is part of the Walmart Group, alongside Nakumatt supermarket, Tile & Carpet Centre, and Victoria Courts.

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