Thursday, March 21, 2019
Liberia is set to receive US $50m from the ECOWAS Bank for Investment and Development (EBID) for the construction of Sasstown-Klowein Road in the southeastern part of the country. The President of EBID, Mr. Bashir Mamman Ifo, approved the funds and said that...
Kenya is set to construct a 28Km highway bridge connecting Jomo Kenyatta International Airport (JKIA) with Kangemi market on the Nairobi-Nakuru highway in bid to tackle traffic congestion in the Kenyan capital city. Transport Secretary James Macharia confirmed the reports and...
Uganda’s President, Yoweri Kaguta Museveni has commissioned the US $129m new Nile bridge in Jinja Uganda. “I’m happy the work is done. We did best quality assurance and rigorous quality control and tested the construction materials with state-of-the-art equipment, both within...
Helios Towers Plc wants to enter South Africa within the next year, helping the mobile phone tower operator build scale as it prepares for a stock market listing as early as 2019. Helios is in talks with potential partners to comply...
The Overseas Private Investment Corporation (OPIC) has committed $25m in financing to the Solar Energy Transformation Fund, which will provide loans to companies developing off-grid solar products and solutions for the millions of people in Sub-Saharan Africa and Asia. The...
26 September 2018, New York, London, Johannesburg, Lagos, Nairobi, Cairo Africa investor (Ai), a leading international investment group, today announced that the 12thAi CEO Institutional Investment Summit was successfully concluded at NASDAQ. Hubert Danso, CEO and Vice Chairman of Africa investor...
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...
With recent reports estimating that six hundred million people are without access to electricity in sub-Saharan Africa, significant and sustained investment is required across Africa’s entire energy generation and supply value chain. While even a decade ago meeting Africa’s energy...
Ethiopia is opening the state-owned telecommunications company and airline to foreign investors for the first time, a move that indicates new Prime Minister Abiy Ahmed is more receptive to outside interests in Africa’s second-most populous nation. Ethiopia will sell minority...
Namibia's minister of mines and energy Tom Alweendo has underlined the need for government and private sector to collaborate in order to address socio-economic development challenges. Alweendo said this when he launched the B2Gold Otjiko Solar Farm in the Otjozondjupa...
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