Tuesday, August 4, 2020
The European Union (EU) and Germany has announced a financial package worth US $40m to fund further developments in Nigeria’s power sector, the package is part of the rollover of the Nigerian Energy Support Programme( NESP), which is managed...
The Kenya Urban Roads Authority (Kura) has announced that construction of all the 38 roads projects in Eastlands under Nairobi Regeneration Plan will be  be completed by July this year ahead of august schedule. Kura’s Director general Engineer, Silas Kinoti...
Kenya needs at least US $79.4m to repair roads that have been damaged by the ongoing heavy rains and floods.According to Transport Cabinet Secretary James Macharia, funds are required for immediate repairs of the roads across the country. “Now that...
Cameroon is set to receive US $794.5m for the construction of 420 MW Nachtigal hydroelectric project after the World Bank approved of the investment package. According to World Bank country director for Cameroon, Elisabeth Huybens the investment in the clean energy...
The Kenyan government has secured a whopping US$ 220m for water and sewerage projects in Mombasa and Kisumu. The funding is a deal in concessional loans and a grant with three European agencies. Treasury secretary Henry Rotich recently confirmed the...
The government of Tanzania has announced its intentions to construct a world class cruise ship terminal on its Dar es salaam port in an effort to improve transport from abroad through the Indian ocean to the country. Deputy Permanent Secretary...
On Monday, the Transmission Company of Nigeria (TCN) inaugurated a 100MVA transformer at Alimosho substation, Lagos. The objective of the installation is to boost electricity supply to residents within Ikeja Disco, The Nation Online reported. According to Usman Mohammed, the...
The government of Japan in partnership with the Adventist Development and Relief Agency (ADRA) Zimbabwe commissioned 18 schools constructed in Gokwe North. ADRA Country Director Judith Musvosvi said that the development which were under the “Every child in school” joint...
Uganda is set to commence expansion works on Arua airport to international standards. Mr Samuel Wonekha General Manager of Civil Aviation Authority (CAA) made the revelations. The General Manager said that the government is the process...
Investec Asset Management Private Equity (Investec) has divested its equity holding in Ashwah Holdings (Ashwah), parent company of Daraju Industries (Daraju), by selling its significant minority stake back to the company. Daraju is a leading Nigerian manufacturer of high-quality and...
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