Monday, July 22, 2019
Considering the strong growth in mobile subscription and mobile broadband across West African countries, Nigeria inclusive, a new GSMA study, which was released at the recently concluded Mobile 360 African Forum in Abidjan, Côte d’Ivoire, has predicted that the mobile industry in...
Global agency Moody’s has downgraded credit ratings of Guaranty Trust Bank Plc and United Bank for Africa Plc, which own subsidiaries in Kenya and other African countries upon downgrade of Nigeria. The firms operate as GTBank and UBA in Kenya. Moody’s...
The government of Korea has signed a letter of intent with the African Development Bank, AfDB to launch the Korea–Africa Energy Investment Facility (KEIF), which will provide significant support to the New Deal on Energy for Africa, with aims...
Overseas Private Investment Corporation (OPIC) Executive Vice President, David Bohigian, this week travelled to Togo where he met with Togolese Prime Minister, Komi Klassou, to tour an OPIC-supported power plant that tripled the country's energy supply. US firm ContourGlobal developed...
Never before has the need for infrastructure felt so immediate and acute. This became apparent to me as I travelled to Nairobi, Lagos, Lusaka and Gaborone during the first three months of this year. A commonality I saw across all...
The Democratic Republic of Congo plans to start construction work this year on the frequently delayed Inga 3 hydro power project at a predicted cost of US $13.9bn, after receiving a joint bid from two previously competing consortia of...
Construction of Kabaale International Airport in Hoima, Uganda is now 21% complete. This is according to SBC Uganda, contractor in charge who pointed out that work done so far includes earthworks for a runway which involved digging up and...
Rooftop solar provider, Off Grid Electric, in partnership with EDF, are set to expand their off-grid solar solutions offering to households in Ghana. Off Grid Electric has secured the largest venture equity investment worth US $55m in Series D funding...
Nigeria is set to redesign the East West road project; this is according to Usani Uguru Usani, Nigeria’s Minister of Niger Delta Affairs. He also added that the availability of funds will determine the speed of completion of major capital...
The government of Sudan through Dams Implementation Unit (DIU) in the Ministry of Water Resources, Irrigation and Electricity has announced the completion of construction works at complexes of Atbara and Sitate rivers. General Manager of the Unit (Eng.) Omer Abu AL- Gassim...
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