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Africa Business News

AfricaBiz.Link is a leading Africa business news portal featuring news articles and tenders related to business throughout Africa with an emphasis on new business opportunities and issues affecting businesses.

Work on Revitalizing Babelegi Industrial Park to Begin Soon

The government of South Africa is investing R42 million in the rehabilitation and upgrades of the Babelegi Industrial Park in Hammanskraal, Gauteng. The project is part of the Revitalisation of Industrial Parks Programme of the Department of Trade and Industry (the dti).

South African Agro-Business On Display At IranAgro 2017

For the very first time, South Africa is this week bringing products from the agro-processing sector to the 24th annual International Agricultural Trade Fair in Tehran, Iran. The event began May 23 and concludes on May 26.

Zimbabwe Funds $200M to Telecel to Boost Country's Connectivity

The government of Zimbabwe has brokered a $200 million finance deal with Telecel, the country’s second largest mobile phone network, to help the company unveil LTE and expand its network coverage, said Hon Supa Mandiwanzira, minister of ICT, Postal and Courier Services.

South Africa To Attend Special Economic Zone Training in China

This week South Africa is sending 34 Special Economic Zone (SEZ) practitioners, related sector specialists from the Department of Trade and Industry (the dti), plus provincial representatives to attend the fourth Capacity Building Programme on the SEZ to be held in Tianjin, China.

Ritz-Carlton To Open Zanzibar Resort in 2021

Marriott International has signed an agreement with UK-based Pennyroyal Gibraltar Limited to bring the Ritz-Carlton hotel brand to the Zanzibar Archipelago, with an opening date of 2021.

Tunisia Receives $310M to Develop Natural Gas and Oil Products

The Republic of Tuniisa, represented by the Tunisian Electricity Gas Company, and the International Islamic Trade Finance Corporation (ITFC) (ITFC-idb.org), a member of the Islamic Development Bank (IDB) Group headquartered in Jeddah, Saudi Arabia, have signed two Murabaha agreements for a total of $310 million to finance resourcing of natural gas, crude oil and petroleum products.

Pele Green Energy Receives Viability Study Grant from USTDA

Pele Green Energy (Pty) Ltd., a South African independent power developer based in Johannesburg, received a grant from the U.S. Trade and Development Agency (USTDA) to assess the viability of a 75 megawatt solar photovoltaic power plant in the Free State province of South Africa.

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