Tuesday, September 25, 2018
US-based advisory service firm CrossBoundary, in partnership with The Rockefeller Foundation have officially launched the Mini-Grid Innovation Lab in Nairobi, Kenya. The Lab, with support from The Rockefeller Foundation, is the first R&D Fund for Sub-Saharan Africa that focuses exclusively...
The African Union last year embarked on a series of reformswith an aim to improve efficiency and impact of the organ on the continental population. The reforms cover multiple aspects, including self-financing, among others. The New Times’Collins Mwai caught up with Dr...
Inspired Evolution a Cape Town-based  investment management business has struck a deal to pour up to US $36m into solar developer Alten RE Developments Africa BV (Alten Africa) and its 225MW power portfolio. The US $36m investment will be through...
Ethiopia will continue with the construction of the Grand Ethiopian Renaissance Dam (GERD) on River Nile despite Egypt disapproval; Seleshi Bekele, the Ethiopian minister of water, electricity and irrigation has said. His remarks comes even as a ternary meeting to...
The cost of electricity is likely to reduce if the rains continue and the water levels at Masinga Dam increase, Energy Permanent Secretary Joseph Njoroge has announced. Masinga dam, which is usually closed if water levels hit 1,035 cubic...
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...
The government of Tanzania has received a sum of US $34.5m from Japan to finance construction of a 4.3km stretch of the new Bagamoyo road, phase II between Morocco and Mwenge junction. The Permanent Secretary in the Ministry of Finance, Mr...
The World Bank has approved US $486m credit and scale up facility which aims to boost electricity transmission by increasing power transfer capacity of transmission networks in Nigeria. According to the Senior Communications Officer, Nigeria Olufunke Olufon, the International Development Association (IDA) facility is...
The annual Kaduna Investment Summit has great economic potentials, but its fulfilment rests heavily on how well government is able to manage the alarming security situation in the state, reports John Shiklam Kaduna State aspires to be a leading commercial and...
President Emmerson Mnangagwa of Zimbabwe is set to commission 108 wagons, 7 locomotives and 8 passenger coaches sourced from South Africa for the revival of the National Railways of Zimbabwe (NRZ), a key parastatal in the drive to turn around the...

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