Thursday, June 20, 2019
Zimbabwean President Emmerson Mnangagwa is set to commission Kariba South power expansion project’s first unit on 24th December, 2017. The unit will feed 150MW onto the national grid. The project has been undertaken by Chinese state-owned hydro-power engineering and construction...
Africa’s telecoms market is in a state of flux, and some operators are seeing huge potential. Orange, for example, is to build a $50 million headquarters in Ivory Coast, and has launched in Sierra Leone. Yet others are pulling back....
The African Development Bank (AfDB) has set a target to raise US$8bn (approximately Sh826bn) in 2018 through its annual borrowing programme. The bank will tap into capital markets and mobilise resources with the outcome of lending money to member countries...
The Federal Government of Nigeria needs US $40bn to finance the ongoing Lagos-Ibadan railway project. This is according to the Minister of Transportation, Rotimi Amaechi. Meanwhile, the government is negotiating with contractors handling the project to raise funds for the project, stressing that...
Dodoma Municipal Council in Tanzania is expected to issue a green light for the construction of a new mega bus terminal and a commercial tower complex that will improve transit connections and transform the municipality’s skyline. According to the Council,...
The African Development Bank (AfDB) announced on Thursday 14 December it has approved another N$2 billion loan facility for Namibia to upgrade the railway line between Kranzberg and Walvis Bay, and to turn the Windhoek to Hosea Kutako International...
Rwanda and Tanzania have agreed on joint construction of a Standard Gauge Railway (SGR) from Isaka (northwestern Tanzania) to Kigali, a move which will facilitate movement of goods between the two countries. The agreement was reached following a meeting between...
Rooftop solar provider, Off Grid Electric, in partnership with EDF, are set to expand their off-grid solar solutions offering to households in Ghana. Off Grid Electric has secured the largest venture equity investment worth US $55m in Series D funding...
Affordable houses are set to be constructed in Kakamega County, Kenya as from May this year; Governor Wycliffe Oparanya confirmed the reports as he hosted teams from the Housing Finance Company (HFC) and the United Bank of Africa (UB-A). The initiative will eventually provide...
The African Export-Import Bank (Afreximbank) expanded its shareholder-base, as it admitted JSC Russian Export Centre (REC), as the latest international financial organisation to join the institution. REC was admitted as a shareholder following its successful subscription to Class “C” shares...
- Advertisement -

FOLLOW US

9,001FansLike
19,910FollowersFollow
1,030SubscribersSubscribe
- Advertisement -

RECENT EVENTS