Tanzania Sets $24bn Budget to Drive Vision 2050 Development Agenda
Tanzania has announced on Wednesday a 62.3 trillion Tanzanian shillings (approximately 24 billion US dollars) budget framework for the 2026/2027 fiscal year, marking the first […]
construction
Tourism Rebounds to Power South Africa’s Economy, Surpassing Pre-Pandemic Levels
South Africa’s tourism sector has re-emerged as a key engine of economic growth and employment, with new data showing it has surpassed pre-pandemic performance levels. […]
South Africa Temple Collapse Claims Five Lives as Authorities Open Illegality Probe
The death toll from the collapse of a building under construction at a Hindu temple site in Verulam, eastern South Africa, rose to five as […]
World Bank Raises Kenya’s 2025 Growth Forecast Amid Strong Construction Recovery
The World Bank, on Monday, November 24, has upgraded Kenya’s 2025 economic growth projection to 4.9 percent, up from its earlier estimate of 4.5 percent, […]
Angola Creates Over 100,000 Net Formal Jobs in First Half of 2025
Angola has recorded the creation of over 102,000 net formal jobs in the first half of 2025, according to figures released by the Government on […]
Dr. António Agostinho Neto International Airport opens on November 10
The Dr. António Agostinho Neto International Airport, under construction since 2010, in the Bom Jesus commune, municipality of Icolo e Bengo, in the province of […]
IFC to back Côte d’Ivoire in financing housing project
The International Finance Corporate (IFC) will help find a private investor for the development of a housing project in Côte d’Ivoire, per a deal signed […]
Cimpor begins pozzolan exploration in Cape Verde island within 18 months
Within 18 months, Cimpor will start a pozzolan exploration in a Cape Verdean island, with an investment of 3 million euros, and generate about 100 […]
Côte d’Ivoire: Soaring cement prices, the government reacts
The price of a bag of cement has risen sharply due to the energy crisis, prompting the government to set prices for the construction material. […]
Ecobank Gets $310 mln Loan from AfDB
The African Development Bank (AFDB) has approved a $310 million trade finance loan for Ecobank Transnational incorporated, parent company of the Ecobank Group, Africanews reported […]