Saturday, September 21, 2019
Africa investor (Ai), a leading international investment and communications group, today announced its exclusive, invitation-only Ai CEO African Sovereign Wealth and Pension Fund Leaders’ Summit and Infrastructure Investment Awards held in association with Batseta, successfully concluded and hosted a...
KIGALI, June 27 (Reuters) – Volkswagen will launch a car assembly facility in Rwanda on Wednesday, the first such factory in the East African nation as Europe’s biggest carmaker expands its presence in the region. Car ownership remains low in...
Egypt has benefited to the tune of over US $7bn in infrastructure projects so far implemented by Chinese companies in the country. Major projects by China Noteworthy construction projects in the pipeline in Egypt planned by China are the second phase...
The government of Liberia has announced that as per schedule, construction of a new bridge over the Timo River is expected to be fully launched and commissioned on July 15, 2019. Minister of Public...
FOREIGN direct investment into Africa dwindled over the past five years, from US$74 billion (roughly N$1 trillion at the current exchange rate) in 2013, slowly dropping to US$41 billion (roughly N$581,2 billion) in 2017. Moreover, global flows of foreign direct...
Djibouti is under negotiation with a French company to diversify its logistics partners from the east to west. Recently officials at the Djibouti Ports and Free Zone Authority (DPFZA) told Capital that the government of Djibouti would use more partners...
The government of Kenya has ordered Reynolds Construction Company (RCC), the contractor overseeing construction works of the Missing Link Roads and Non-Motorized Transport (NMT) facilities in Nairobi County, to deliver the project in six months According to a study conducted...
The country’s shady internal politics and complex regulatory framework meant that only the hardiest investors braved Africa’s largest market. As in the Great American West, prospectors would set out with gold in their eyes; seeing risk as opportunity if...
Construction works of US $3.5m world class cruise ship terminal at the Port of Mombasa is set to be completed in August next year. Tourism and Wildlife Cabinet Secretary (CS) Najib Balala confirmed the reports and said that completion of the cruise ship...
The African Development Bank is set to unveil its power plan that will see 29.3 million people in the continent get connected to power by 2020. The bank is investing heavily in ways to help the estimated 640 million...
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