Despite low levels of water in the Zambezi River, the Cahora Bassa dam, in Mozambique's western province of Tete, generated more electricity than planned in the first quarter of this year. According to a release from Hidroelectrica de Cahora Bassa...
E-commerce and fintech are Africa’s biggest opportunities for growth   DHL Express Sub-Saharan Africa (SSA) has announced that the company has signed on as title sponsor for the 2018 DHL eCommerce MoneyAfricaConference & Exhibition (Confex), which will be hosted...
India’s third-largest telecom company Bharti Airtel Ltd said on Tuesday it will raise $750 million (about Rs 5,200 crore) by selling shares of its Africa unit via an initial public offering (IPO) and list them on the London Stock...
By Scott Zoldi The world over, 2018 was a period of intense AI-related creativity. It was a year in which artificial intelligence became better operationalized, with many companies beginning to move their AI systems to the cloud for increased ease...
The Tanzania Electric Supply Company (TANESCO) is currently boasting of enough electricity power supply within Kilimanjaro; the region has been described as ‘good enough’ to meet the requirements of new industrial investments in the country. This was announced by the Tanesco Regional...
Lekki Port LFTZ Enterprise (LPLE), the promoters of Lekki Deep Sea Port and the CMA CGM Group, a leader in maritime transport, have signed a Memorandum of Agreement to operate Lekki Port’s future container terminal. Located in Nigeria, Africa’s largest...
The African Development Bank (ADB) is set to back coal-fired projects in Nigeria, Kenya and Senegal in a departure from the International Monetary Fund (IMF) policy, which has a ban on fossil fuels. Kenya is developing a one-gigawatt generator near...
The Federal Government of Nigeria needs at least US $2bn to revive the Lagos-Kano railway line as part of efforts to boost local and international trade along the Northern and Southern zones. This is according to Professor Yemi Osinbajo, Nigeria’s...
The African Development Bank (AfDB) will disburse €66 million (more than $77 million) for the construction of a bridge linking Cameroon and Chad. This was announced by AfDB on Monday, December 11, 2017. The 620m bridge which will link Yagoua (Cameroon) and...
For the first time, Eskom CEO André de Ruyter and Tshifhiwa Bernard Magoro, Head of South Africa’s IPP Office will Co-Chair an intimate boardroom on 2 nd November during the Africa Energy Forum. Programme Director of the Forum Shiddika Mohamed...
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