Monday, May 27, 2019
French renewable energy producer, Voltalia has obtained permits for the development of two hydropower plants with a capacity of 9.8MW and 7.2MW, respectively in Morocco. Delivered by the Moroccan Ministry for Energy, the permits relate to two hydropower plant...
Construction has just begun on Cameroon’s first destination retail and leisure mall; this is according to Actis which is the leading growth markets investor. The mall is Phase 1 of the development which also includes a business park hosting a hotel...
ZIMBABWE has become a magnet for billionaire global firms such as General Electric (GE) and the Enel Group of Italy, in what is seen by observers as a massive vote of confidence in the country’s investment opportunities and critically,...
Filipino farmers need not fear a total loss of their resources after every calamity once the proposal of Rep. Arthur C. Yap of the Third District of Bohol  becomes a law. House Bill (HB) 6923, which calls for an overhaul...
The African Development Bank (AfDB), through the African Development Fund (ADF), has received a credit facility of $700.9 million from the Japan International Cooperation Agency (JICA) to assist in contributing to economic growth as well as poverty alleviation in...
The construction of terminal three at the Julius Nyerere International Airport (JNIA) is 68% complete. This is according to the Minister for Works, Transport and Communications, Prof Makame Mbarawa. The project’s good progress brings hope that the country will soon...
A US$ 22m medical school and hospital for kidney-related ailments is set to be constructed in Nairobi, Kenya through funds from the African Development Bank (AfDB). The mega project which will comprise of a hospital and a university wing which will encompass...
President Emmerson Mnangagwa of Zimbabwe is set to commission 108 wagons, 7 locomotives and 8 passenger coaches sourced from South Africa for the revival of the National Railways of Zimbabwe (NRZ), a key parastatal in the drive to turn around the...
The National Water and Electricity Company (NAWEC), has signed a 30MW power supply contract with Turkish Company, Karpower. The contract is a mutual agreement that will last for 2 years. According to the Minister of Energy Fafa Sanyang, the agreement is a milestone...
A US$ 62m transport university is set to be constructed in Tanzania by the Chinese government; the mega institution will help cater for all the transport needs in the country. A statement that was released after President John Magufuli met...
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