Friday, November 16, 2018
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...
South African state-owned power utility Eskom, has announced that its planned interruption of bulk supply to Khai Ma Local Municipality has been suspended after a sustainable payment agreement has been reached.    “Interruptions due to non-payment of Khai Ma Local Municipality’s...
The ministry of Housing and Urban Development in Kenya has awarded Chinese Wu Yi Company Limited, Sinohydro Corporation and China Roads and Bridges Corporation tender to build 1, 500 low-cost homes Nairobi’s Park Road. According to the tender document published...
The Ugandan cabinet has authorized US $150m loan from the International Development Association (IDA), a member of the World Bank Group, for the construction of safe water sources in more than 20 districts, municipalities, town councils and refuge hosting areas across...
The government of Uganda is seeking a whooping US $4.5bn to invest in electricity transmission and distribution network over the next ten years in bid  to improve reliability of power supply in the country. According to a report from the...
MTN Group Ltd. plans to borrow as much as 400 billion naira ($1.1 billion) in Nigeria this year as Africa’s largest wireless carrier by sales seeks to fund local investment and replace existing debt in the continent’s most populous country. MTN...
South Africa has expressed disappointment at not being granted exemption from the US Section 232 steel and aluminium tariff duties. Monday, 30 April, US President Donald Trump signed proclamations granting permanent country-exemptions to a select number of countries and extended...
The Japanese company Tohoku Electric said on Monday it has signed a sales and purchase agreement to buy up to 280,000 metric tonnes a year of liquefied natural gas (LNG) a year from Mozambique. The gas will come from the...
The former minister of aviation, Babatunde Omotoba, has revealed that the current infrastructure in the power sector was incapable of transmitting more than 4000 megawatts adding that Nigeria cannot generate 7000 megawatts. He stated this in Abuja yesterday at the...
The country’s shady internal politics and complex regulatory framework meant that only the hardiest investors braved Africa’s largest market. As in the Great American West, prospectors would set out with gold in their eyes; seeing risk as opportunity if...
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