Thursday, April 18, 2019
Burkina Faso has launched West Africa’s largest solar power plant- Zagtouli solar power plant. This is in a deliberate move by the country to boost renewables and cut energy dependence on its neighbours. The US $56.27m project has been funded in part...
Lagos – Despite underdevelopment of the Nigeria’s Real Estate Investment Trusts (REITs) market, experts within the nation’s financial sector have expressed optimism, saying there are great potential for growth. But, according to them, Nigeria’s REITs would only become more eventful and...
Julius Berger, a construction company in Nigeria has given the Senate committee on work an assurance that Lagos-Ibadan road will be completed by 2021. The company who made the revelations during a meeting with Senator Kabiru Gaya-led Senate committee which also involved inspection...
Burhani Engineers (BEL), a Kenyan engineering company, has reiterated its commitment to deliver the Kenya Electricity Transmission Company Limited’s (KETRACO) 428 km 400 kilovolt (kV) high voltage Loiyangalani – Suswa Transmission Line. BEL is confident that by April it will have delivered a...
Kenya is set to receive US $300m from Cyrq Energy, an American company specializing in renewable energy production, for the construction 330 MW geothermal power plant in Suswa, Narok County, in south-western Kenya. Nicholas Goodman, President and CEO of Cyrq Energy,...
Nigeria’s Minister of State Aviation, Hadi Sirika is seeking US $461m to be approved by the National Assembly for additional work on the new airport terminals project ongoing across the country. Hadi Sirika explained before the Senate Committee that the...
Persistent underfunding of critical infrastructure worldwide is hampering economic progress and exposing businesses and communities to significant risks. This year’s risk perception survey, which underpins the Global Risks Report 2019, highlights the need for a renewed global focus on infrastructure...
Milverton Reynolds, managing director of the Development Bank of Jamaica (DBJ), announced yesterday that the Bank has received nine applications in response to the Government of Jamaica's (GOJ) Request for Qualification (RFQ) for the Norman Manley International Airport (NMIA)...
Orascom Construction Limited (NASDAQ Dubai: OC; EGX: ORAS) announces that its 50:50 joint venture with FCC Aqualia, a subsidiary of FCC, has signed an engineering, procurement and construction (EPC) contract to build Abu Rawash Wastewater Treatment Plant in Egypt...
Accra (Ghana), February 4 (IANS) A $5 billion Exim Bank of India fund to support Africa’s agriculture development through the “Feed Africa” project seems to fit into the Africa Development Bank’s plans to improve the agriculture sector to increase...
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