Sunday, February 17, 2019
Uganda has plans to construct a US $309m airport in the oil-drilling region near Hoima and Lake Albert in north-western Uganda. Shikun & Binui’s international construction arm SBI will build the airport, which is expected to support the region’s oil...
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...
Groupe Europeen de Development (GED) Africa and Development Bank of Southern Africa has commenced conducting the environmental assessment process of the 187 km Mwenda-Kashiba road project which will be constructed at a total cost of US $475m under the...
Uganda has plans to construct a US $309m airport in the oil-drilling region near Hoima and Lake Albert in north-western Uganda. Shikun & Binui’s international construction arm SBI will build the airport, which is expected to support the region’s oil...
The growth of the real estate sector in Kenya has slowed down in the past three months mainly due to the prolonged electioneering period and a credit crunch. According to reports from the Kenya National Bureau of Statistics (KNBS) the...
The Kenyan Cabinet Secretary for Energy Charles Keter has stated that if it does not rain in the next two weeks, they will be forced to close down the Masinga Dam due to low water levels. The 40MW Masinga Hydroelectric...
The government of Ghana is set to start the feasibility study for the construction of the railway line from Kumasi to Paga which will link up with neighboring Burkina Faso. Meanwhile, the government has completed its official pre-feasibility engagements. The six...
Construction of the US $37m Gidabo Irrigation Dam in Ethiopia is almost complete and will begin operations in the next few months. It is set to irrigate 27,043ha of land once complete. The mega dam has a capacity to...
The European Investment Bank (EIB) is finalising a Sh7.5 billion ($78 million) loan for construction of two solar power plants in Kenya. The credit is evident that there is growing interest by global organisations in financing renewable projects in the...
Players in the off-grid sub-sector will benefit from a new three-year US $11m project that is part of the support towards new electric power generation and access initiatives. According to US ambassador to Uganda, Ms Deborah Malac this Power Africa...
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