Saturday, November 17, 2018
The Democratic Republic of Congo gave two groups of investors a four-week deadline to submit a joint proposal on the development of the multi-billion dollar Inga 3 hydropower plant. The government signed an accord with Chinese and Spanish consortia this...
At least five oil consortiums said they were considering a proposal from the state-run Nigeria National Petroleum Corp. to prolong a crude-for-fuels swap program until the middle of next year, people familiar with the matter said. Extending the swap would...
Tanzania recently awarded a $1.92 billion contract to Turkish firm, Yapi Merkezi, to design and construct a 422-km (262-mile) high-speed electric railway line which is part of a major 2,561 km network project that will connect the east of...
The Japanese company Tohoku Electric said on Monday it has signed a sales and purchase agreement to buy up to 280,000 metric tonnes a year of liquefied natural gas (LNG) a year from Mozambique. The gas will come from the...
The Government of Tanzania has set aside US $13.4m for the construction of the modern Sumbawanga Airport in Rukwa Region, and is set to kick off with immediate effect. Regional Tanroads Engineer, Eng. Masuka Mkina confirmed the reports and said that affected...
The government of Uganda has commissioned a new solar power plant in Gomba region in line with the country’s push to focus on renewable energy. Vice President Edward Kiwanuka Ssekandi, who commissioned the mega project confirmed the reports and said that the...
A whopping US $1tr is needed by the Nigerian Government to help modernize its energy infrastructure. This was confirmed by Vice President Yemi Osinbajo during the opening ceremony of the National Energy and Climate Change summit at State House. Osinbajo, who was...
Morocco is planning to invest a whopping US $40bn in the energy sector which includes a liquefied natural gas project by 2030. Confirming the reports was Minister of Energy, Mines, and Sustainable Development, Aziz Rebbah who said that US $30bn will...
https://youtu.be/nQ8914UFUoU
LONDON — There are advantages to coming off a low base. As their financial sectors start catching up to the world’s more sophisticated markets, Sub Saharan African countries have been growing their global borrowing presence. So how have they...
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