Caterpillar will sell its southern Africa distribution arm to brand management firm Barloworld. (Image source: Caterpillar)
Caterpillar has agreed to sell its distribution business in South Africa and Botswana for US$115 million, according to newswire MarketWatch
Rising populations and a vibrant middle class have forced four East African states to face up to the challenge of constructing at least five million housing units in order to meet soaring demands
Cement producer Lafarge has reported a five per cent year-on-year rise in 2012 first quarter sales to US$4.4 billion as higher prices offset rising costs and demand from emerging markets increased
The road between Arusha and Mombasa is set for a major upgrade. (Image source: Kat Stan)
The African Development Bank (AfDB) has granted US$300 million towards the construction of the Arusha-Mombasa Highway
A host of rural villages in Zambia will benefit from new healthcare facilities. (Image source: CIFOR)
Zambia has signed a credit facility worth US$50 million with the EXIM Bank of India to fund the construction of 650 rural health centres