Tuesday, June 18, 2019
The Danish power plant specialist Burmeister & Wain Scandinavian Contractor (BWSC), in consortium with MAN Diesel and Turbo (MDT), has been awarded US$150.26mn contract to build a 120MW gas-fired power plant in Benin The project entails construction of a whole...
The Federal Government, in partnership with the African Development Bank (AfDB), two years ago launched the Agricultural Transformation Agenda Support Programme Phase One (ATASP-1) with commodity value chain development alongside infrastructure development as some of its key components in...
The land is the most valuable asset in most of the African countries since the past up to now. However, the major problem in the African land sector is the documentation. There is hope after experts from blockchain technology...
Nigeria has put in place plans to promote clean energy. Power for All, US Global Development Lab, Power Africa, USAID-Nigeria, as well as FHI360 – a new taskforce, will be driving access to modern, clean and affordable electricity. The collaboration...
The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group (www.IsDB.org), signed a EUR 107 Million Murabaha Financing Agreement (CFA franc 70 billion) to finance Burkina Faso 2017/2018 Cotton Season with SOFITEX...
Matobo Rural District Council (RDC) says land that was earmarked for the development of Maphisa Growth Point has been exhausted. This is despite the high demand for residential and commercial stands still being experienced. Maphisa Growth Point is among the fastest...
Blended financing is an emerging method of development funding that is being widely adopted by members of the Development Assistance Committee (DAC) of the Organisation for Economic Co-operation and Development (OECD). In 2015, the UN proposed its Sustainable Development Goals,...
Shuttered stores, thinning crowds, empty parking lots, and retailers filing for bankruptcy. These are tough times for shopping malls and the major retailers who serve as their anchors. Product oversupply and the rise of e-commerce are squeezing margins, and...
The African Development Bank disbursed more than €71 million for the construction of a 714 km high voltage power line. The infrastructure which will link N’Zérékoré (Guinea) and Sanankoroba (Mali), will enable the electrification of 201 villages and provide a...
Scientists at the University of Cambridge have discovered that fuel cells can be powered by living algae, which is five times more efficient than current models. According to a statement, it is thought they could one day be used to provide...
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