African Business News

Construction of the Mass Rapid Transit System in Kenya gets green light

Construction of the Mass Rapid Transit System in Kenya which will cost US$ 4m is set to be launched in the capital Nairobi and will be fully funded by the National Treasury.

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Oil and gas export opportunities in Tanzania for UK companies

UK Trade and Investment (UKTI) Tanzania has updated their 2014 report which examines the opportunities in the Tanzanian market.

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New residential apartments in South Africa to be constructed by JLK Construction

New residential apartments in South Africa are set to be constructed by JLK Construction one of the leading construction companies in South Africa. The apartments will be constructed in Paarl municipality. This would become the largest construction project JLK Construction have done so far.

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KenGen Kenya Surges as Profit Quadruples; Cash Call Planned

Kenya Electricity Generating Co. shares jumped after it announced full-year profit quadrupled and set out plans to raise 28 billion shillings ($272 million) in a rights offer early next year.

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