Saturday, September 21, 2019
The government of Sierra Leone is planning to persuade the Environment Protection Agency to award the Environment and Social Health Impact Assessment (ESHIA) license for the commencement of work on the Bumbuna II project. On completion, the project will generate 143MW...
Construction work on Kenya’s Standard Gauge Railway (SGR second phase) from Nairobi to Naivasha will be completed in September 2019. The government is targeting to complete the construction on December 2019 but a review in the plans showed it...
A mega US$1.1bn cement plant in Egypt is yet to start operations. This surprisingly comes at a time when the country is experiencing excess cement capacity. The cement plant The cement plant with six production lines in the Egyptian city of...
Malawian-based independent power producer, JCM Matswani Solar Corp, seeks to develop a 40MW solar photovoltaic (PV)project. The power producer has issued a Request for Expression of Interest, to select EPC contractors for the solar PV project to be located in the...
Three major organisations have partnered to roll out a farming technology aimed at revolutionising farming among smallholder farmers across the country. Mercy Corps, MasterCard Foundation, and Safaricom have introduced DigiFarm, a mobile phone platform which enables farmers access variety of...
The African Development Bank is set to unveil its power plan that will see 29.3 million people in the continent get connected to power by 2020. The bank is investing heavily in ways to help the estimated 640 million...
Swissport Tanzania plans to invest US $1.8m on ground equipment at the Kilimanjaro International Airport (KIA) to improve export handling facilities. “Aviation technology is changing rapidly and to be competitive we have to keep abreast of the trends by investing heavily....
Mozambique may be one of the world’s more financially troubled economies, but that has not stopped it from closing one of the region’s most ambitious energy deals. Despite defaulting in 2017 and lying to the IMF about some $2bn in...
To further enhance the African Local Currency Bond Fund (ALCB Fund) portfolio and promote the development of domestic capital markets across the continent, the African Development Bank (AfDB) has approved a loan of R140-million. The senior loan, with a seven-year...
JOHANNESBURG, Feb 5 (Reuters) - South Africa’s Public Investment Corporation (PIC), Africa’s biggest investment fund, said on Monday it had given cash-strapped state power firm Eskom a 5 billion rand ($416 million) loan to fund the utility’s operations in...
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