Wednesday, September 26, 2018
The government of Tanzania, through the ministry of energy has come up with a strategy that will enable electrification of all islands in the country through renewable energy. This was revealed by the deputy minister, Ms Subira Mgalu, at...
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...
The Democratic Republic of Congo plans to start work this year on the frequently delayed Inga 3 hydropower project, after receiving a joint bid from two previously competing consortia of investors. One group led by China Three Gorges Corp. and another including Actividades...
2017 was a moderately busy year for M&A activity in the Sub-Saharan Africa region (SSA), with deal data pointing to a slowdown in M&A, both in terms of the number and monetary value of deals. Recent data shows that the...
2017 was a moderately busy year for M&A activity in the Sub-Saharan Africa region (SSA), with deal data pointing to a slowdown in M&A, both in terms of the number and monetary value of deals. Recent data shows that the...
Plans to connect the East African region through railway networks, such as the Standard Gauge Railway (SGR) seem to be moving in the right direction.This is after Uganda’s president Yoweri Museveni agreed to the signing of the final financial deal...
In bids to expand Nigeria's electricity grid to 20,000MW over the next four years, the World Bank, African Development Bank (AfDB), Japan International Cooperation Agency (JICA) and the French Development Agency have raised $1.57 billion for the Transmission Company...
Saudi developer ACWA Power and the state-owned Central Energy Fund of South Africa are linking up to invest in US $10bn for renewable energy projects in the southern African country in bid to revive to  the country’s troubled energy...
Plans are underway to build South Africa’s first solar-powered desalination plant at Witsand in the Hessaqua municipality.This will be an addition to at least four desalination plants operating in the Western Cape. French ecology minister Nicolas Hulot  who attended the...
Development experts often explain the poor economic and governance performance of many African countries by the “resource curse.” The associated rent-seeking behavior of unaccountable leaders looking for easy money rather than developing productive industries could be reversed with effective...

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