Tuesday, June 25, 2019
Egypt is set to launch the Benban Solar Park- the largest park in the world in August this year. Ministry of Energy and Electricity revealed the reports. The Ministry said that construction of the park is being executed in accordance...
The institution’s Office of Integrity and Anti-Corruption found the company to have engaged in numerous misrepresentations of its past experience in bidding for Bank-financed contracts Abidjan, Côte d’Ivoire, May 7, 2018 – The African Development Bank Group (AfDB) on May 7,...
Japanese multinational conglomerate Toshiba and Malawi’s Ministry of Natural Resources, Energy and Mining (MNREM) have concluded a memorandum of understanding (MoU) for the development of geothermal power. The MoU anticipates a comprehensive partnership in geothermal power projects including capacity building...
The largest airport in Senegal will open its doors on December 7, after more than a decade of development and delays. Blaise Diagne International (AIBD) will have initial capacity for three million passengers per year, rising to 10 million per...
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 Mekin hydroelectric Dam infrastructure is all set in Cameroon after the prediction by the African Development Bank in its 2018 African Economic outlook that additional hydroelectric development projects will fast-track industrialization in the country. The government is now planning a full...
The Rural Electrification Agency (REA) on Tuesday disclosed that  its study on Nigerian mini grid electricity development potential  revealed an annual investment opportunities of 9.2 billion dollars. Its Managing Director, Mrs Damilola Ogunbiyi, disclosed this while making a presentation...
A mega US$1.1bn cement plant in Egypt is yet to start operations. This surprisingly comes at a time when the country is experiencing excess cement capacity. The cement plant The cement plant with six production lines in the Egyptian city of...
(Ecofin Agency) - CDC Investment, the British institution for development financing, announced in a statement, it has signed a cooperation framework-agreement with China-Africa Development Fund (CAD Fund), a Chinese investment fund focused on Africa. The agreement aims to strengthen relations...
The Government of Tanzania has set aside US $13.4m for the construction of the modern Sumbawanga Airport in Rukwa Region, and is set to kick off with immediate effect. Regional Tanroads Engineer, Eng. Masuka Mkina confirmed the reports and said that affected...
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