African Business News
World Bank projects economic growth for Kenya mainly driven by construction industry
A new World Bank report has painted a favourable economic growth for Kenya with the economy expected to grow at 5.4 percent in 2015, an improvement from the 2014 growth rate of 5.3 percent. The report also projects the growth rate in 2016 to be at 5.7 percent.
Major road in Zimbabwe to be constructed at a cost US $2bn
A major road in Zimbabwe that is set to cost US $2bn is set to be constructed, Minister of Transport and Infrastructure Development, Dr Joram Gumbo has announced.
Rosatom announces plans to construct reactors in Dabaa nuclear plant in Egypt
A Russian nuclear firm Rosatom Corporation has announced plans to construct four Reactors in Dabaa nuclear plant in Egypt.
Mega Fertilizer Plant in Nigeria set to be constructed
HOMAG International Merchant is set to construct a mega fertilizer plant in Nigeria worth $1.2 billion in Kogi State.
