Thursday, June 20, 2019
Ethiopia has announced plans to commission the Genale Dawa III hydro project and an electricity transmission line connecting Ethiopia to Kenya in the second half of 2019. Frehiwot Woldehana, Deputy Minister at Ethiopia ministry of water, irrigation revealed the reports...
Amid great fanfare 44 African countries signed the long-awaited African Continental Free Trade Area (CFTA) earlier this year. The bloc is expected to boost intra-African trade – pegged at less than 20% – by eliminating import duties and scaling...
Lagos State governor, Mr. Akinwunmi Ambode has approved the extension of the ongoing reconstruction of the Oshodi-International Airport Road to Ladipo Auto Spare Parts Market along Oshodi-Apapa Expressway. Speaking during an inspection of the ongoing projects across the state, Ambode...
Fitch Ratings has announced its decision to maintain Eskom Long-Term Local Currency Issuer Default Rating (IDR) and unguaranteed local currency senior unsecured ratings of ‘BB-‘. According to the South African parastatal, the ratings agency has simultaneously maintained the National Long-Term...
Construction works on the Lake Ngozi geothermal plant in Mbeya Region Tanzania has been slated to commence in 2021. This is according to the Tanzania Geothermal Development Company (TGDC). Speaking during a recent workshop for Parliamentary Committee on Energy and...
2017 was a moderately busy year for M&A activity in the Sub-Saharan Africa region (SSA), with deal data pointing to a slowdown in M&A, both in terms of the number and monetary value of deals. Recent data shows that the...
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 Rwanda Development Bank (BRD) has signed a number of treaties with different Savings and Credit Cooperatives (SACCOs) to make finance accessible for the purchase of solar energy equipment. Those that inked deals with BRD include Girubukire SACCO Buyoga, Imbarutso...
Silicon Cape and Wesgro will be hosting the AfricArena 2018 International Africa Tech Conference. The event will take place on 15th and 16th November in Cape Town for the second year in a raw.  The two organizers will also incorporate the...
The government of Zimbabwe has announced to have completed construction of US $3.5m Dry Port Facility at Walvis Bay in Namibia. Namibian Ambassador to Zimbabwe Balbina Daes Pienaar broke the news during her country’s 29th Independence anniversary celebrations. Construction of...
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