Monday, July 22, 2019
EchoStone Nigeria is currently eyeing the Kenyan market with its affordable housing programs. As a pioneer in their field, with a proven method of funding and unique technology, EchoStone represents a new class of developers and investors entering the...
Discovery Ltd has agreed to buy banking group FirstRand’s 25.01 percent stake in a financial joint venture for $120 million, paving the way for the South African insurer to launch its own bank later this year. Discovery, which offers health,...
The government of Zambia has expressed satisfaction with the progress made on the Kazungula Bridge project announcing that the development nears completion. President Edgar Lungu of Zambia who acknowledged the progress said that the bridge is 78% complete and...
Common Market for Eastern and Southern Africa (COMESA) Secretary General Sindiso Ngwenya said, in an interview with Daily News Egypt, that the Egyptian initiative to establish logistical centres in a number of African countries is a laudable initiative. Ngwenya added...
Kenya National Highways Authority (KeNHA) has signed a contract with South African construction firm, Group Five Construction Proprietary Limited to initiate the construction of the Lamu-Isiolo road. The US $602m project is part of the Lamu Port South Sudan...
Ethiopian Airlines has signed an agreement with South African aerospace company Aerosud to establish a joint-venture manufacturing company. The Joint Venture Aerospace Company will manufacture and supply various aircraft parts to Boeing, Airbus and other aerospace companies. The manufacturing facilities are...
Construction of the US $37m Gidabo Irrigation Dam in Ethiopia is almost complete and will begin operations in the next few months. It is set to irrigate 27,043ha of land once complete. The mega dam has a capacity to...
The Government of Zimbabwe is set to officially open Harare-Bulawayo road dualisation project by by President Mnangagwa. Transport and Infrastructural Development Minister Joel Biggie Matiza, confirmed the reports and said that the 12km stretch of the Harare-Bulawayo Road from Norton turn-off, is part...
A flood of money from private pension funds has driven a 33 percent surge in Ghana’s benchmark stock index this year, giving the West African country the world’s best-performing equities.  The government in December transferred 3.1 billion cedis ($690 million)...
Blended financing is an emerging method of development funding that is being widely adopted by members of the Development Assistance Committee (DAC) of the Organisation for Economic Co-operation and Development (OECD). In 2015, the UN proposed its Sustainable Development Goals,...
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