Saturday, November 17, 2018
Morocco’s construction industry is expected to be valued at US $18bn in 2021 in real terms, measured at constant 2010 US dollar exchange rates; this is according to Timetric’s Construction Intelligence Center (CIC). According to the report, residential construction was the largest...
The Ethiopian Shipping and Logistics Service Enterprise has revealed plans to construct four dry ports in the coming two years. The ports are expected to create market chains with the expanding industrial parks and railway lines. In addition to the Dire Dawa...
The African Continental Free Trade Area's (AfCFTA) potential as a tool for driving industrialisation, economic diversification and development was highlighted at the start of the UN Economic Commission for Africa's (ECA) Conference of Ministers in Addis Ababa. The four-day event...
Players in the off-grid sub-sector will benefit from a new three-year US $11m project that is part of the support towards new electric power generation and access initiatives. According to US ambassador to Uganda, Ms Deborah Malac this Power Africa...
Considering the strong growth in mobile subscription and mobile broadband across West African countries, Nigeria inclusive, a new GSMA study, which was released at the recently concluded Mobile 360 African Forum in Abidjan, Côte d’Ivoire, has predicted that the mobile industry in...
At the annual AfricaCom conference today, pan-African ICT investor, Convergence Partners and 4Di Group announced a recently concluded acquisition of a significant minority stake in ESET Southern Africa by Convergence Partners.  ESET Southern Africa is the local distributor and...
The Egyptian government is set to invest US $83m in water and sanitation projects in bid to reduce water deficit facing the country. This comes after The Ministry of Irrigation and Water Resources signed an agreement with European Union (EU) to provide for cooperation...
A grand Business Park and a five star hotel are set to be constructed in Malawi’s capital, Lilongwe. This was confirmed after the President Arthur Peter Mutharika recently broke ground for the project to commence. The Lilongwe Grand Business Park...
Japanese multinational conglomerate Toshiba and Malawi’s Ministry of Natural Resources, Energy and Mining (MNREM) have concluded a memorandum of understanding (MoU) for the development of geothermal power. The MoU anticipates a comprehensive partnership in geothermal power projects including capacity building...
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...
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