Friday, February 22, 2019
Expansion of the Kimara-Kiluvya, a section of Morogoro road in Tanzania is expected to start any time in February this year. The project comes after a successful demolition of structures, which were erected on the road reserve. The construction is...
India’s Engineering ,procurement and construction ,EPC firm Sterling and Wilson in India,is set to construct both the largest battery storage project and single battery installation in the whole continent in bid to boost education sector in Africa. Sterling and Wilson...
The Board of Directors, African Development Bank (AfDB) has approved $50 million (Fifty Million Dollars) unfunded Risk Participation Agreement for Commerzbank to address Africa’s trade finance market. The bank made the announcement  in a statement signed by its Principal Communication...
Nigerian President Muhammadu Buhari has approved negotiations to secure US $15bn loan for the completion of work on the Port Harcourt-Maiduguri rail project. According to Rotimi Ameachi, the Minister of Transportation, the president has also given the approval for negotiations...
MTN Group Ltd. plans to borrow as much as 400 billion naira ($1.1 billion) in Nigeria this year as Africa’s largest wireless carrier by sales seeks to fund local investment and replace existing debt in the continent’s most populous country. MTN...
Market research and analysis firm Frost & Sullivan have issued the 2018 Global Renewable Energy Outlook identifying global renewable investments to reach $228.3 billion in 2018. This growth is despite a detected slower year-on-year growth rate of 0.7% due to China reducing its solar uptake. The...
With so much of politics, economics, culture - not to mention every other facet of human existence - taking place online, it is startling to realise that such a loose and baggy concept as the "centre of the global...
After six successive months of year-on-year growth, the motor industry is confidently forecasting that full-year, new-vehicle sales for 2017 will improve by 2% compared to 2016. Figures from the Department of Trade and Industry show that sales totalled 49,754 last...
Africa’s telecommunication giant MTN is said to start selling about a third of its Ghanaian unit worth $754 million representing 35 percent of the $2 billion next week in an initial public offering. This will be 10 times larger than...
Egypt’s ministry of power will offer tenders in the first quarter of 2018 for the development of solar power plants with a cumulative capacity of 500MW. Arab and international companies presented their offers to the New and Renewable Energy Authority...
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