Announced during the Leaders Summit at COP28 in Dubai, to fight climate change and deliver on the Sustainable Development Goals announced, Africa investor and 9 other global institutional investment organisations—representing over $100trn of assets under management and advisement—jointly issued...
Summary ACWA Power, a leading developer, owner, and operator of power generation and water desalination plants signed an agreement with Silk Road Fund, introducing it as a partner and shareholder in ACWA Power Renewable Energy Holding Ltd (ACWA Power RenewCo)...
Africa investor (Ai) and partners launched the Just Transition Investors Alliance (JTIA), at the Africa investor (Ai) NDC Investment Summit and Awards, hosted on the eve of COP27’s Finance Day,  following through on their announcement at COP26 to turn...
Ethiopia’s state-run telecoms monopoly has agreed to allow some local firms to provide internet services through its infrastructure, a move seen as spurring competition and expanding the data market, officials said. Ethio Telecom has more than 16 million subscribers of...
Construction of the 52Km Koka-Adulala-Bishoftu asphalt concrete road in Ethiopia is complete. Aser Construction Plc, Ethiopia based construction company executed the road construction project at a cost of US $26.1m while Net Consult Consulting Engineers & Architects Plc designed the road. The completed road...
Zimbabwean President Emmerson Mnangagwa is set to commission Kariba South power expansion project’s first unit on 24th December, 2017. The unit will feed 150MW onto the national grid. The project has been undertaken by Chinese state-owned hydro-power engineering and construction...
Rabat – Morocco will receive USD 2 billion in aid from the African Development Bank (AfDB) over the next two years, said Khaled Sherif, Bank Vice President in charge of Regional Development, Regional Integration and Services, in Rabat on...
Israeli company Shikun & Binui has secured a $309m contract to build an airport in the African country of Uganda. The project will be located in a rural area of the oil-drilling region near Hoima and Lake Albert in northwestern...
Kwekwe Municipal in Zimbabwe is set to embark on a road rehabilitation exercise after receiving US $1m from the Zimbabwe National Roads Administration (Zinara). According to Kwekwe Mayor Councillor Matenda Madzoke, it took the intervention of Mbizo legislator Cde Vongainashe Mupereri for Zinara to...
The R61 mega road infrastructure project in the Eastern Cape has been completed the South African National Roads Agency SOC Ltd (SANRAL) announced recently. The project, which is valued at R550-million and forms part of a master plan for tourism...
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