Monday, September 24, 2018
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...
Africa’s largest cement Company, Dangote Cement recently opened its 1.5mtpa capacity cement plant in Mfila, Congo Brazzaville. The $300 million plant is expected to create about 1000 direct employment opportunities and thousands of several other indirect jobs. Speaking at the plant’s...
Black Rhino and Dangote group, the major partners in the proposed 540MW gas-fired Qua Iboe Power Plant (QIPP) located in Ibeno local government of Akwa Ibom State have secured funding the project which is estimated to cost $1.1billion. Black Rhino,...
International Air Transport Association (IATA), and the African Development Bank (AfDB), have signed a Memorandum of Understanding (MoU), to establish a framework for collaboration to boost the aviation sector in Africa. IATA’s Director General and Chief Executive Officer, Alexandre de...
The Swaziland Rail Link project is set to create more than 9000 direct jobs as well as improve people’s lives, support regional integration in SADC and accentuate the promotion of intra-Africa trade and economic sustainability. This is the view of...
For the past year, a debate has raged over the role and impact of the CFA franc in West Africa. Supporters of the controversial exchange rate arrangement argue that the peg to the Euro has delivered a credible and...
SWAKOPMUND, Namibia — Creating local jobs, promoting transnational corridors to increase the mobility of goods and services, and developing innovative ways to finance infrastructure projects were top talking points at the annual Programme for Infrastructure Development in Africa, or...
Nigeria has enjoyed strong economic growth rates in the last two decades, benefiting from rising oil prices and expansion of non-oil sectors. The plunge in oil prices in 2014 induced fiscal pressures and foreign currency shortages, and spilled over...
A fifth bidding window, worth R40-50bn will be launched later this year as part of the Department of Energy's (DoE) renewable energy independent power producers procurement programme (REIPPPP). Energy Minister, Jeff Radebe says the intention of the bid window is...
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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