Saturday, February 4, 2023
KIGALI, Rwanda – The Government of Rwanda and Metito have reached financial close of the first competitively tendered Build Operate Transfer (BOT) Water Concession in Sub-Saharan Africa. The finalisation of this Public Private Partnership (PPP) agreement will kickstart the highly-anticipated...
Kenya and Tanzania have plans to construct a 412 km road that will connect Malindi and Bagamoyo. The road is expected to ease movement between the two countries’ coastlines. It is not clear though as to when the project will...
Construction of a kidney Center at Kenya’s Kenyatta National Hospital at Nairobi is set to begin soon at a cost of US $36m. While addressing the National Assembly Committee Principle Secretary at the Ministry of Health, PS Susan Mochache affirmed...
Multi-asset Africa-focused energy and resource company, Kibo Mining, has announced it has completed the acquisition of an 85% interest in the Mabesekwa Coal Independent Power Project (MCIPP) with Sechaba Natural Resources Limited. Located in Botswana, the project  complements Kibo’s Mbeya...
Tanzania is set to begin construction of the 6.2 km Selander bridge in Dar es Salaam following signing of a Memorandum of Understanding between Tanzania and South Korea. The MOU which was signed in the presence of President John Magufuli...
The R71m Kenako Concrete manufacturing facility, located in the Coega Special Economic Zone (SEZ), is the first black industrialist in Port Elizabeth to be funded by the Department of Trade and Industry (dti) and the Industrial Development Corporation (IDC). The...
Growthpoint Properties, the first South African company and real estate investment trust to issue a green bond programme on the JSE, celebrated the occasion with a bit of fanfare on Wednesday morning, 25 April. An extremely exhilarating countdown moment during @growthpoint Properties...
Overseas Private Investment Corporation (OPIC) Executive Vice President, David Bohigian, this week travelled to Togo where he met with Togolese Prime Minister, Komi Klassou, to tour an OPIC-supported power plant that tripled the country's energy supply. US firm ContourGlobal developed...
The Lagos State Government is now set for the commencement of the Embedded Power Supply Project by July 2018. It is targeted towards generating 3,000MW electricity for the State within the next three to five years.  According to the Commissioner...
By Alonso Soto May 15, 2020, 2:34 PM GMT+2 Updated on May 15, 2020, 6:16 PM GMT+2 Private creditors representing more than $9 trillion of assets under management formed a group to negotiate debt relief for African nations, warning of the risks of...