Sunday, January 20, 2019
The East African Community has finally approved US $55bn towards infrastructure development in the region. The fund was approved during the fourth extra-ordinary sectoral council of Transport, Communication and Metereology (TCM) during its session in Arusha Tanzania. The main aim...
Angola is set to receive US $51m boost from the British government to build three hospitals and upgrade two power stations in the country. Baroness Northover, the prime minister’s trade envoy for Angola and Zambia  confirmed the reports and said the deal will...
BEIJING (AP) — China’s plan for a modern Silk Road of railways, ports and other facilities linking Asia with Europe hit a $14 billion pothole in Pakistan. Pakistan’s relations with Beijing are so close that officials call China their “Iron...
The Lagos State Government is now set for the commencement of the Embedded Power Supply Project by July 2018. It is targeted towards generating 3,000MW electricity for the State within the next three to five years.  According to the Commissioner...
The Democratic Republic of Congo gave two groups of investors a four-week deadline to submit a joint proposal on the development of the multi-billion dollar Inga 3 hydropower plant. The government signed an accord with Chinese and Spanish consortia this...
Tanzania has awarded the tender for the construction of what will become East Africa’s largest hydro electric project  the controversial Stiegler’s Gorge dam hydro electric power project in the Selous Game Reserve. The tender for the Stiegler’s Gorge dam...
The federal government of Nigeria has signed a US $6.7bn contract agreement for the Ibadan-Kaduna segment of the Lagos-Kano rail line with China Civil Engineering Construction Corporation (CCECC). Commenting on the signed agreement, Yetunde Sonaike, Press Director, Federal Ministry of Transportation stated that the Minister of...
The Adelphi Centre in Sea Point, Cape Town, is currently undergoing extensive renovations. Once complete, it will offer a galleria-style shopping centre, renamed Artem, that combines art and shopping in the retail experience. The revamp is being undertaken by...
The Government of Gabon through its financial institution, Caisse des Dépôts et Consignations (CDC) has signed an agreement with ENGIE to construct eight hybrid solar power plants with a combined capacity of 2.2 MW in the country. Construction of the...
The Minister of Railway Development Mr. Joe Ghartey Tuesday said over 1,400 kilometer (KM) railway lines, expected to cost about $7.8 billion, would be created between three cities notably the Volta lake city, Ashanti rail city and the Paga rail city. According...
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