Tuesday, June 25, 2019
Kenya has announced plans to upgrade and link older rail tracks with its new standard-gauge railway and abandon its initial plan to extend the Chinese-funded project to Uganda’s border that would have created a faster export route to the...
President Xi Jinping told African counterparts and business leaders Monday that China’s investments on the continent have “no political strings attached”, even as Beijing is increasingly criticised over its debt-heavy projects abroad. Xi spoke before the start of a two-day...
Filipino farmers need not fear a total loss of their resources after every calamity once the proposal of Rep. Arthur C. Yap of the Third District of Bohol  becomes a law. House Bill (HB) 6923, which calls for an overhaul...
Tanzania recently awarded a $1.92 billion contract to Turkish firm, Yapi Merkezi, to design and construct a 422-km (262-mile) high-speed electric railway line which is part of a major 2,561 km network project that will connect the east of...
Donors to the Fund for African Private Sector Assistance (FAPA) – consisting of the African Development Bank, the Government of Japan and the Government of Austria – have approved three catalytic projects totaling US $2,480,000 to stimulate the growth of Africa’s...
Morocco and Portugal are set to construct an undersea electricity cable connecting between the two countries at a cost of US $800m. Portuguese Secretary of State for Energy Joao Galamba confirmed the reports and said that the two countries are conducting...
Construction work on the Uganda-Tanzania oil pipeline seems closer to becoming a reality now that Tanzania has announced that they have completed geophysical and geological studies . This was announced by DR Kalemani Energy Minister for Tanzania who sought...
Barclays Africa Group Ltd. may halve the number of top jobs at its South African retail and business bank as it reorganizes after its British parent cut its stake, according to a person familiar with the matter. The Johannesburg-based lender started...
Zimbabwe and Zambia have agreed on principles for the US $5bn Batoka Gorge Hydro Electricity project secured by Harare, paving way for a technical meeting this week between experts from two the countries. Zimbabwe recently received an expression of interest...
Construction of  phase one of US $190m Al Houara project in Morocco is set to be completed by the end of 2018 with the opening scheduled for the beginning of the second quarter of 2019. According to Abdullah Bin Hamad al-Attiyah,...
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