US$1.35bn deal to see Lafarge SA, Nigeria units merged
Lafarge, French cement maker, plans to combine its South Africa business with Nigerian unit Lafarge Wapco. This will see the … Read more
Region: Africa
East Africa’s first aluminium can production unit to be set up in Kenya
A Nigerian-based Aluminium can manufacturer is planning to build a production unit in Kenya by 2015, a move that will … Read more
South Africa’s WG Wearne registers increased profits
WG Wearne, one of South Africa’s oldest suppliers of materials to the building and construction industry, has announced its full … Read more
Cape Town CBD property value projected to increase to US$2.59bn
Property value in the Cape Town central business district is expected to increase to US $2.59bn by 2020 due to … Read more
Ethiopia receives US$178.5m from the World Bank for geothermal energy development
The World Bank has approved a US$178.5m credit from the International Development Association (IDA) and another US$24.5m grant from Scaling-up … Read more
Egypt reduces energy subsidies amid fears that it will raise fuel prices
The Egyptian interim government announcement its budget for the coming fiscal year Monday, in which it has reduced allocations for … Read more
