Sunday, November 18, 2018
UK’s next generation utility, BBOXX, has unveiled pay-as-you-go (PAYG) solar systems in towns and cities in the Democratic Republic of Congo (DRC). The company collaborated with manufacturer of components for solar energy systems, Victron Energy, on this venture. A joint press...
Rwanda’s Bank of Kigali has priced its rights issue at 270 francs per share, seeking to raise 60 billion francs ($67.81 million), it said in a statement seen by Reuters on Friday. The lender, which is Rwanda’s biggest by assets,...
Small shipment sizes are one reason why. Dwell times (the time goods spend at a port without moving) are another. Some of these inefficiencies are due to inadequate infrastructural and human capacity; well-run African ports outside of South Africa...
New York-headquartered computing firm Soluna, is building wind-powered blockchain computing infrastructure in Morocco, to bring a clean and sustainable alternative to the current cryptocurrency mining approach. The firm plans to develop its own 900MW wind farm power plant in Morocco...
Tesla recently unveiled its new all-electric semi-truck with the hope of shaking up the auto industry once again. Billed as quicker and more economical than today’s diesel-powered trucks, the Tesla Semi was designed and built to be like a bullet...
Angola plans to allow miners to sell up to 60% of rough diamonds to companies of their choice, including to their own trading divisions, Reuters reported last week. The changes are part of the country’s reforms to its diamond sector...
As Caribbean countries come to terms with the devastating effects of the recent hurricanes (Irma and Maria) that ravaged the region in September, experts are warning that the chronic underdevelopment of hydrometeorological technology and services in Africa is leaving...
InfraCo Africa, part of the multi-lateral Private Infrastructure Development Group (PIDG), has signed a joint development agreement worth US$3.1mn to develop the Khoumagueli Solar PV project in the Republic of Guinea The Khoumagueli project aligns with the government of Guinea’s...
CAIRO - 3 January 2018: Egypt's international reserves hit an unprecedented level in December as it recorded $37.019 billion, according to the Central Bank of Egypt's (CBE) announcement on Wednesday. The record came as a result of improving sources of...
Africa’s second most populous country Ethiopia, has set an ambitious target to double the length of its roads network by 2020 from its extent in 2015.This is according to the government’s road authority . In 2015, at the end of...
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