Wednesday, January 16, 2019
ZIMBABWE has become a magnet for billionaire global firms such as General Electric (GE) and the Enel Group of Italy, in what is seen by observers as a massive vote of confidence in the country’s investment opportunities and critically,...
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...
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...
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...
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...
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...
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,...
As Caribbean countries come to terms with the devastating effects of the recent hurricanes (Irma and Maria) that ravaged the region in September, experts are warning that the chronic underdevelopment of hydrometeorological technology and services in Africa is leaving...
The African Development Bank (AfDB) said it has achieved a 100 per cent investment in renewable energy in the outgoing year, 2017, and also recorded a cumulative of 1,400 megawatts (MW) power generation projects exclusively from renewables within the...
- Advertisement -

FOLLOW US

9,001FansLike
19,910FollowersFollow
955SubscribersSubscribe
- Advertisement -

RECENT EVENTS