Monday, January 21, 2019
Bamburi Cement company in Kenya has issued a warning that their profits will be substantially lower than the preceeding year signaling a continued slide in the fortunes of the company as this isthe second consecutive year of less than sterling...
Namibia will reduce the size of the planned Kudu Power Station after off-take agreements with South Africa’s Eskom and Zambia’s Copperbelt Energy Corporation failed to materialize, the chief executive of power utility NamPower said on Friday.   Namibia’s offshore Kudu Gas...
After the much anticipated signing of the REIPPPP Power Purchase Agreements (PPAs), a South African IPP, Pele Green Energy (PGE), this week signed their outstanding contracts for round 3.5 and 4 projects. The project's generation capacity total of 620MW takes...
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...
Rehabilitation of the strategic Tororo-Kamdini highway of Uganda is expected begin in February of 2019. This comes after the country was able to secure the projects funding worth US $157m from the World Bank. Uganda National Roads Authority (UNRA) station engineer,...
The federal government of Nigeria is set to dole out US $200m to electric distribution companies in the country to boost power supply and increase consumers confidence. The project,which is  being executed by Transmission Company of Nigeria, TCN and generation...
Construction work on Kenya’s Standard Gauge Railway (SGR second phase) from Nairobi to Naivasha will be completed in September 2019. The government is targeting to complete the construction on December 2019 but a review in the plans showed it...
The Federal Government of Nigeria has assured that work on the Apapa corridor of the Lagos-Ibadan Rail project will commence this August. Lagos State Governor Akinwunmi Ambode confirmed the statement and commended the Government’s action expressing optimism that the development...
Tanzania Petroleum Development Corporation(TPDC) is currently seeking a transaction adviser in regards to it US$ 30bn natural gas project that is currently entering a vital developmental stage. This comes hardly a month after one of the gas pipeline development partners...
Construction of the US $2bn Kafue Gorge Lower Hydro-power Station in southern Zambia is soon to be complete. This is according to the Minister of Energy Mathew Nkhuwa. The billion dollar project started in 2015. It is is funded by the Zambian government...
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