Saturday, September 22, 2018
Nigeria’s President Muhammadu Buhari is set to commission the recently-completed first phase of the Abuja light rail project and to to flag-off the railway services signalling the commencement of operations of the long-awaited rail services in the Federal Capital...
Zimbabwe and Zambia have agreed on principles for the US $5bn Batoka Gorge Hydro Electricity project secured by Harare, paving way for a technical meeting this week between experts from two the countries. Zimbabwe recently received an expression of interest...
East Africa has enjoyed stronger and more resilient economic growth than the other regions in Africa, at over 4 per cent per year since 1990, on the back of a more diversified economy. A new joint report by the African Union Commission (AUC)...
Aliko Dangote has made a fortune out of cement and food processing. Now, Africa’s richest person is embarking on a bigger challenge: a $15 billion investment in oil, gas and petrochemicals that could, if he pulls it off, transform Nigeria’s...
Ethiopia needs $7.5 billion to finish infrastructure projects such as a massive dam and roads that the government hopes will drive industrialisation, the new prime minister said on Friday. Speaking to parliament before its vote on the 2018/19 budget, Abiy...
Dangote Cement Plc, Africa’s biggest producer of the building material, may carry out its long-planned listing of shares in London after Nigerian elections early next year, as it considers expansion through takeovers. “We are working on it and we’ll look at it...
Tanzania has had to defend the proposed Stiegler Gorge power project to the United Nations Educational, Scientific and Cultural Organisation (Unesco) at the 42nd meeting of the World Heritage Committee, in Bahrain. The multi-billion project, which is expected to generate...
An innovative multi-million-dollar programme in Kenya seeks to connect 14,000 households and businesses to green mini-grids by the end of 2018. The programme dubbed the Green Mini Grid (GMG) Facility Kenya aims to achieve this through scaling up private utilities delivering renewable...
Le Morne; Johannesburg, Lagos, Nairobi, Cairo, London, New York, 18 June 2018: Africa investor (Ai), a leading international investment and communications group, today announced the winners of the 2018 Africa investor (Ai) Infrastructure Investment Awards. These first-of-their-kind Awards reward and showcase excellence amongst...
In Africa, there has been the emergence of an ecosystem built around pension funds. A recent institutional investor study estimated that the ten largest funds in Africa held a combined $310 billion in assets. This has transpired for a number...

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