African Business News

Tanzanian parliament approves legal framework to support natural gas sector

The parliament of Tanzania has approved a legal and regulatory framework to develop the country’s hydrocarbons industry

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PPC cements African growth plan with new Zimbabwe plant

PPC is spending $200m on expanding its production facilities in Zimbabwe by 2020 as the nation's cement market evolves from mostly cash-in-hand sales for home building and renovation to renewed maintenance spending on national infrastructure.

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Tullow Oil raises target for West Africa oil output

Oil and gas producer Tullow Oil has raised its full-year production guidance for West Africa after its Jubilee field offshore Ghana produced more oil than expected

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A US$ 70m iron sheet factory opened in Kenya

A US$ 70m iron sheet factory has been inaugurated in Kiambu County, Kenya by Devki Group. The new factory is projected to be able to produce 300,000 tonnes of iron sheets in Kenya annually.

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