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Tuesday, September 26, 2017
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Tanzania starts legal action against 'rogue' UK contractor

Tanzania starts legal action against ‘rogue’ UK contractor

Tanzania has kicked of legal actions against a UK contractor it hired to carry out road works but dissapeared with millions of dollars without starting the work, chief executive of the country's roads agency...
Suez Canal records jump in revenues

Suez Canal records jump in revenues

An official from Egypt’s Suez Canal has announced that revenues climbed to $470.6 million in August 2017, compared to $447.6 million same period last year representing a 5.1 per cent increase. Head of the Suez...
Dangote Cement lures PPC with cash, share offer

Dangote Cement lures PPC with cash, share offer

Dangote Cement, the Nigerian company controlled by Africa’s richest person, has written to PPC offering South Africa’s biggest cement maker cash and shares as part of a takeover deal that is fueling a bidding...
Harare is most expensive city in Africa-survey

Harare is most expensive city in Africa-survey

Zimbabwean Capital Harare is the most expensive city in Africa a new study by Expatistan, an online cost of living calculator which measures the cost of living index prepared for various cities across the...
Endeavour Mining boosts ity mine in Côte d’Ivoire

Endeavour Mining boosts Ity mine in Côte d’Ivoire

Canadian firm Endeavour Mining has announced that it will forge ahead with construction  of a Carbon-in-Leach (“CIL”) plant at its Ity gold mine in Côte d’Ivoire. The firm said the project is aimed at expanding...
Kenya's Aleem Manji Architects scoops coveted awards in Dubai

Kenya’s Aleem Manji Architects scoops coveted awards in Dubai

Kenya's Aleem Manji Architects has won two awards at the Africa and Arabia Property Awards held at the JW Marriot Marquis in Dubai.  The colourful event held on Thursday last week saw the Kenyan architectural...
Mombasa port secures Sh35b to build container terminal

Mombasa port secures Sh35b to build container terminal

Kenya ports Authority(KPA) has secured a Sh35 billion loan from the Japanese government for the construction of the second phase of the second container terminal at Mombasa port. Construction work at the port will begin...
Kenya economy will withstand politics officials say

Kenya economy will withstand politics, official says

Kenya economy continues to display resilience despite heightened political activities, a top official from Kenya Vision 2030 Secretariat has said. Director Julius Muia said that the Kenya economy will not be distracted by economic activities...
Egypt is number one investment destination in Africa

Egypt is top investment destination in Africa 2018

Egypt is number one investment destination in Africa beating South Africa that has long held the top spot, a report by Rand Merchant Bank has shown. The report dubbed 'Where to Invest in Africa 2018'...
Orascom, FCC Aqualia partner in mega water project in Egypt

Orascom, FCC Aqualia partner in mega water project in Egypt

Global engineering and construction contractor Orascom Construction has partnered with Spain’s FCC Aqualia  to construct a US$320 million wastewater treatment plant in Egypt, The National reports. The two firms will jointly construct the Abu Rawash...

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