Tuesday, September 25, 2018
Kenya hopes to construct its first nuclear power plant by 2027, Nuclear Energy Board Chief Executive Collins Juma has said. A special unit will be formed to source for funds for the project that is estimated to cost US...
As East Africa’s oil producers race to meet their production targets, funding and infrastructural development hurdles threaten to delay the projects. Uganda, for instance, has been forced to rethink its early oil production date of 2020, after it became evident...
The President of the African Development Bank, Akinwumi Adesina, has made a compelling case for accelerating Africa’s industrialisation in order to create jobs, reduce poverty and promote inclusive economic growth. Citing data from the Bank’s 2018 African Economic Outlook...
New York-headquartered computing firm Soluna, is building wind-powered blockchain computing infrastructure in Morocco, to bring a clean and sustainable alternative to the current cryptocurrency mining approach. The firm plans to develop its own 900MW wind farm power plant in Morocco...
German industrial group Siemens and French rival Alstom agreed to merge their rail operations, creating a European champion to better withstand the international advance of China's state-owned CRRC. Siemens will own 50 percent plus a few shares of...
The Moatize-Macuse Railway Logistics Corridor, which is the largest infrastructure project in Mozambique, has reached its final stage, with the launch scheduled for 2019 and completion in 2022. This is according to the new newsletter, China-Lusophone Brief (CLBrief). The 639 km railway...
Although Africa has recorded strong economic growth in recent years, and will continue to do so this year, its gains will remain fleeting until it undergoes a long-awaited transition away from commodity exports and toward manufacturing. That, in turn,...
JEDDAH — The Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of the Islamic Development Bank Group (IDB), and the IL&FS Investment Managers Limited (IIML), the private equity arm of IL&FS Group, signed...
The construction of a new petroleum trading hub at the Port of Ngqura is making progess, ahead of the planned decommissioning and rehabilitation of the existing liquid bulk facilities at the neighbouring Port of Port Elizabeth. A sod-turning ceremony is...
A giant refrigerator will replace the village Jonas Alide Saide has called home for 70 years and he’s not happy about it. As Mozambique’s plans to export natural gas gather pace, Saide’s northeastern settlement of Quitupo will make way for...

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