African Business News
Chinese Company to invest in East Africa's Gas extraction
A Chinese company engaged in natural oil gas exploration with a capital of five billion USD in Ethiopia is expected to produce 40 billion gallon gas after three years.
Kenya signs nuclear power deal with China
Kenya has signed a deal with China as part of the east African nation’s plans to have a nuclear power station by 2025, the Kenya Nuclear Electricity Board (KNEB) said Thursday.
Kenya's $540M Garden City opens
Garden City, East Africa’s first integrated residential, retail and office development, officially opened last night with the announcement of a new Business Park.
East Africa emerges as a trade hub
East Africa is emerging as a trade hub to rival sub-Saharan Africa’s two heavyweight states of South Africa and Nigeria, according to analysis by Barclays published on Thursday.
