African Business News
Unilever eyes Tatu City land in Sh17bn plan
Consumer goods manufacturer Unilever East Africa is set to acquire a 70-acre piece of land in Kiambu’s Tatu City, setting the stage for its Sh17 billion expansion plans.
Construction of hydropower plants in Rwanda gets financial support
Afritech Energy (AE) and East African Power have signed a US$ 40m agreement that will see the construction of four hydropower plants in Rwanda.
US$400m set aside for road construction in Zambia
Out of the US$1.25bn Eurobond issue,US$400m has been allocated for road construction in Zambia in a bid to boost connectivity in urban and rural areas.
Wadi Degla wins bid to construct 800,000 sqm village in Egypt
An 800,000 sqm village in Egypt is set to be constructed after construction firm Wadi Degla Developments (WDDs) won a contract to build the village.
