Tuesday, April 23, 2019
Israeli company Shikun & Binui has secured a $309m contract to build an airport in the African country of Uganda. The project will be located in a rural area of the oil-drilling region near Hoima and Lake Albert in northwestern...
CEO Byron Clatterbuck eyes a potential option joint venture as the West Africa Cable System runs out of capacity. Seacom may build another undersea telecommunications cable along the east or west coast of Africa, says the telecoms infrastructure group. The company,...
The Tanzania Electric Supply Company (TANESCO) is set to connect the Kenya and Tanzania power to the Southern Africa Power Pool (SAPP) through a 400kV transmission line. Emmanuel Manirabona, TANESCO’s Senior Manager Projects confirmed the reports and said the interconnection will begin with Isinya station...
Considering the strong growth in mobile subscription and mobile broadband across West African countries, Nigeria inclusive, a new GSMA study, which was released at the recently concluded Mobile 360 African Forum in Abidjan, Côte d’Ivoire, has predicted that the mobile industry in...
Within the first 100 days of his administration, President Muhammadu Buhari signaled his administration’s commitment to attracting the private capital and expertise needed to address Nigeria’s infrastructure deficit. This led to a renewed engagement between the World Bank Group...
The Africa Development Bank (AfDB) is planning huge developments in grid-connected and off-grid solar to support countries in electrification and mitigating climate change across the Sahel region by 2020. As well as offering to support African countries insuring themselves against...
WASHINGTON, April 26, 2018 — The World Bank today approved a $180 million International Development Association (IDA)* Guarantee to mobilize private sector financing to strengthen the financial position of Kenya Electricity Generation Company Limited (KenGen) and build energy security for...
Investec Asset Management Private Equity (Investec) has divested its equity holding in Ashwah Holdings (Ashwah), parent company of Daraju Industries (Daraju), by selling its significant minority stake back to the company. Daraju is a leading Nigerian manufacturer of high-quality and...
The R71m Kenako Concrete manufacturing facility, located in the Coega Special Economic Zone (SEZ), is the first black industrialist in Port Elizabeth to be funded by the Department of Trade and Industry (dti) and the Industrial Development Corporation (IDC). The...
Somerset West – Capital will always go where it is looked after, Patrick Dlamini, CEO and managing director of the Development Bank of Southern Africa (DBSA), has said at the First African Roundtable on Infrastructure Governance taking place in...
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