Friday, February 15, 2019
The Government of Uganda is set to receive a boost to its energy sector after India has offered a loan of US $141m to help the East African country expand its electricity distribution infrastructure. According to Ugandan President Yoweri  Museveni,...
Two UK firms, BBOXX, an off-grid energy solution provider, and Lendahand Ethex, a UK-based online impact investor, are in a partnership to raise US $3m to extend the roll-out of life changing solar energy systems across Rwanda and four other...
Foreign investors piled into South African government bonds ahead of a scheduled review of the country’s debt ratings by Moody’s Investors Service on Friday. Non residents were net buyers of 4.3 billion rand ($269 million) of debt on Thursday,...
The World Bank has approved of $2.1bn loan for seven projects to be executed in Nigeria. The loan was announced in a statement issued by World Bank Country Director for Nigeria, Rachid Benmessaoud in Abuja on Thursday. According to the statement,...
East Africa has enjoyed stronger and more resilient economic growth than the other regions in Africa, at over 4 per cent per year since 1990, on the back of a more diversified economy. A new joint report by the African Union Commission (AUC)...
Over 70% of people in Ethiopia have no access to electricity. Although the grid covers about 60% of the towns in the country. To bridge electricity connectivity gap, the country is setting up new substations This gap necessitates for the...
Canada’s Barrick Gold Corp has agreed to buy Randgold Resources Ltd in an all-stock deal valuing the Africa-focused miner at $6.5 billion, to create the world’s largest gold producer in an industry under investor pressure to put capital to...
MIGA, a member of the World Bank Group, announced guarantees of $73 million in support of the construction, operation and maintenance of three wind farms in South Africa, namely, Noupoort, Khobab, and, Loeriesfontein 2 wind farms. The wind farm projects...
As part of efforts to bridge the projected medium-term gas supply gap expected by 2020, the Nigerian National Petroleum Corporation (NNPC) and Seplat Petroleum Development Company (SPDC) have signed five agreements to expedite the development of a project aimed...
The Democratic Republic of Congo (DRC) has signed a deal with the Chinese and Spanish partners for the construction of the US $14bn Inga 3 hydroelectric dam project. The consortium which is led by China Three Gorges, alongside a European consortium, led by Actividades de...
- Advertisement -

FOLLOW US

8,997FansLike
19,910FollowersFollow
975SubscribersSubscribe
- Advertisement -

RECENT EVENTS