Tuesday, June 25, 2019
According to The Herald, Nigerian billionaire Aliko Dangote has renewed his interest in pursuing his USD 1.5bn investment in Zimbabwe and on the 9 April, dispatched an advance team comprising geologists. The team will be in Zimbabwe for 10...
The African Development Bank (ADB) is set to back coal-fired projects in Nigeria, Kenya and Senegal in a departure from the International Monetary Fund (IMF) policy, which has a ban on fossil fuels. Kenya is developing a one-gigawatt generator near...
Rwanda is set to construct a state of the art football academy after INEOS entered into a partnership and signed a Memorandum of Understand with Rwanda Football Association (Ferwafa) for the development. Under the agreement, the local football...
The Ugandan cabinet has authorized US $150m loan from the International Development Association (IDA), a member of the World Bank Group, for the construction of safe water sources in more than 20 districts, municipalities, town councils and refuge hosting areas across...
The government of Kenya has signed a US $6m deal with BASF, one of the world’s leading chemical companies and IPR Consulting Establishment to develop a potato cooling plant in Ol’Kalou area, Nyandarua county. Speaking during the signing ceremony, Nyandarua Governor...
Groupe Europeen de Development (GED) Africa and Development Bank of Southern Africa has commenced conducting the environmental assessment process of the 187 km Mwenda-Kashiba road project which will be constructed at a total cost of US $475m under the...
The government of Zambia is set to enhance electricity supply in the Eastern province through setting up a wind energy plant in Katete district. Katetet District Council Chairperson, Jeremiah Mawere confirmed the reports and said that implementation of the project, will create...
ENGIE Africa expands its footprint in West Africa by acquiring two companies, namely Afric Power and Tieri, specialising in energy services in the region. The energy solutions provider noted that the companies based in Côte d’Ivoire, Burkina Faso, Mali...
Kenyan local cement firms have criticized the quality of products being rolled out rival by some cement manufacturers. This comes after the government’s immense interest for infrastructure projects sparked the price and quality wars among firms in the country. Devki...
Common Market for Eastern and Southern Africa (COMESA) Secretary General Sindiso Ngwenya said, in an interview with Daily News Egypt, that the Egyptian initiative to establish logistical centres in a number of African countries is a laudable initiative. Ngwenya added...
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