Thursday, April 18, 2019
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...
The Adelphi Centre in Sea Point, Cape Town, is currently undergoing extensive renovations. Once complete, it will offer a galleria-style shopping centre, renamed Artem, that combines art and shopping in the retail experience. The revamp is being undertaken by...
Brazil’s largest diversified miner Vale has announced that it, together with its Japanese partner Mitsui & Co, has signed a $2.73-billion funding deal to finance the Nacala Logistics Corridor (NLC), that will connect the Mozambique-based Moatize coal mine, to the...
The largest airport in Senegal will open its doors on December 7, after more than a decade of development and delays. Blaise Diagne International (AIBD) will have initial capacity for three million passengers per year, rising to 10 million per...
The Board of Directors of the African Development Bank Group (AfDB) has approved a private sector multi-currency line of credit of US$ 100 million and 1.3 billion South African Rands to Industrial Development Corporation Plc (IDC) of South Africa....
KIGALI, Rwanda – The Government of Rwanda and Metito have reached financial close of the first competitively tendered Build Operate Transfer (BOT) Water Concession in Sub-Saharan Africa. The finalisation of this Public Private Partnership (PPP) agreement will kickstart the highly-anticipated...
Tesla recently unveiled its new all-electric semi-truck with the hope of shaking up the auto industry once again. Billed as quicker and more economical than today’s diesel-powered trucks, the Tesla Semi was designed and built to be like a bullet...
The eThekwini Municipality has rejected an unsolicited bid to develop the Virginia Airport. In a statement released on Thursday the Municipality said while its Bid Adjudication Committee had rejected this bid it would consider future bids based on merit. In 2015...
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...
Five (5) firms have applied for pre-qualification to bid for the planned 2nd Nyali Bridge in Mombasa. This follows the close of the Request for Qualification (RFQ) at the end of last week. The project which will involve construction, operation...
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