Business

Accor grows portfolio in Africa with signing of its first 3 properties in Djibouti
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Accor, a global hospitality group, expands footprint in Africa.

Losamills Consult Brings Innovation to Landmapping and Surveying in West Africa
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Based in Accra, Ghana, Losamills Consult is a land surveying and engineering consulting firm that is leveraging technology to…

Sub-Saharan Africa construction sector in recession, recovery expected in Q2 2021
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The construction industry in sub-Saharan Africa is expected to enter a deep recession in 2020 as a result of the COVID-19 pandemic driven by…

African Development Bank to strengthen support for PPPs in Africa
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Representatives of the African Development Bank, governments, Development Finance Institutions, the private sector and  professional…

Kenya awards €1.3b Highway PPP contract to French consortium
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Kenya has signed an agreement with a consortium comprising French companies VINCI Highways (Lead Member), VINCI Concessions, and…

Ethiopian tech breakthrough in construction
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Startup company, ConDigital, is deploying cloud management and analytical capabilities to help Ethiopian construction industry firms…

Digitalising Cement Sales in Ethiopia
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Dumbulo Shopping Solutions, an Ethiopian e-commerce trading company, has started selling cement online to customers in and around Addis Ababa…

Mozambique: 2.1% growth rate forecast for 2021
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The Mozambican government is forecasting an economic growth rate of 2.1% for 2021, according to the government spokesperson, Deputy Justice…

IFC approves $12m finance for construction of steel plant in Ghana
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The International Finance Corporation (IFC) has approved a US$12 million loan to Rider Iron and Steel Ghana for the construction of a steel…

Radisson Hotel Group announces six new hotels in Africa
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Radisson Hotel Group has announced the addition of six new hotels to its African portfolio, bringing the total to almost 100 hotels across 32…