Saturday, April 20, 2019
A total of 10, 000 LED Street lights are set to be installed in Lagos, Nigeria by a United Kingdom firm, Low Energy Designs (LED) Limited. The Lagos State Government recently entered into a partnership with the UK Company. The mega...
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...
Lekki Port LFTZ Enterprise (LPLE), the promoters of Lekki Deep Sea Port and the CMA CGM Group, a leader in maritime transport, have signed a Memorandum of Agreement to operate Lekki Port’s future container terminal. Located in Nigeria, Africa’s largest...
(Ecofin Agency) - CDC Investment, the British institution for development financing, announced in a statement, it has signed a cooperation framework-agreement with China-Africa Development Fund (CAD Fund), a Chinese investment fund focused on Africa. The agreement aims to strengthen relations...
The Ugandan cabinet has authorized US $150m loan from the International Development Association (IDA), a member of the World Bank Group, for the construction of safe water sources in more than 20 districts, municipalities, town councils and refuge hosting areas across...
Although Africa has recorded strong economic growth in recent years, and will continue to do so this year, its gains will remain fleeting until it undergoes a long-awaited transition away from commodity exports and toward manufacturing. That, in turn,...
The Rural Electrification Agency (REA) on Tuesday disclosed that  its study on Nigerian mini grid electricity development potential  revealed an annual investment opportunities of 9.2 billion dollars. Its Managing Director, Mrs Damilola Ogunbiyi, disclosed this while making a presentation...
Kenya, Africa’s largest producer of geothermal energy continues to increase its geothermal  capacity with the commencement of construction work on Kenya’s Olkaria 1 unit 6 geothermal power plant kicked off this week during a ground breaking ceremony presided over...
CEO Byron Clatterbuck eyes a potential option joint venture as the West Africa Cable System runs out of capacity. Seacom may build another undersea telecommunications cable along the east or west coast of Africa, says the telecoms infrastructure group. The company,...
CAIRO - 3 January 2018: Egypt's international reserves hit an unprecedented level in December as it recorded $37.019 billion, according to the Central Bank of Egypt's (CBE) announcement on Wednesday. The record came as a result of improving sources of...
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