Monday, September 24, 2018
ZIMBABWE has become a magnet for billionaire global firms such as General Electric (GE) and the Enel Group of Italy, in what is seen by observers as a massive vote of confidence in the country’s investment opportunities and critically,...
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...
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...
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...
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...
The rating of all stock markets across the globe by S&P Dow Jones Indices has put Nigerian Stock Exchange (NSE) as one of the 5 best capital markets in the world. According to the rating body, the Lagos bourse grew...
LUANDA, Jan 11 (Reuters) – Moody’s assumes the Angolan government does not intend to default on its debt after ambiguous wording in official statements, the ratings agency said in a research report. Angola this month unveiled plans to restructure its...
The Board of the African Development Bank has approved a US$153 million loan for Namibia to upgrade a 210 km stretch of railway in the west of the country. The support will also finance the upgrade of a section of...
HARARE, Dec. 6 (Xinhua) -- China on Wednesday agreed to provide Zimbabwe with a funding of about 213 million U.S. dollars for infrastructure development projects. The funding includes those for the expansion and upgrading of the country's flagship airport, the...
Africa Finance Corporation (AFC) has signed a US$200mn three-year term loan facility, to be used for general corporate purposes, including facilitating trade. Mandated lead arrangers and bookrunners on the facility were First Abu Dhabi Bank, Industrial and Commercial Bank of...

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