Sunday, May 26, 2019
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...
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...
A Chinese clean energy company, Hanergy Group, has launched a solar-powered project dubbed Humbrella.  The innovation, aimed to light up African villages, forms part of the company’s corporate social responsibility. A company statement underlined that thin-film solar power research and development has...
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...
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...
Bitcoin's eye-watering price surge over the past year is proving too tempting to resist despite fears that cryptocurrencies are a bubble floating towards an inevitable burst. One group for whom it holds particular appeal is African millennials, writes the...
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...
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...
Nigeria has signed a US $10m deal with United Kingdom-based Iconic City Limited for the  development of a 3.8ha land in Alakia, Ibadan, the Oyo State capital, into a residential housing estate.Group Managing Director and Chief Executive Officer, of Odu’a...
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