Tuesday, July 16, 2019
Construction works on the US $63m Kwa Jomvu-Makupa Causeway which is part of Mombasa-Mariakani highway, is 40% complete. This is according to Transport Cabinet Secretary James Macharia. Speaking on during the groundbreaking for the refurbishment of Moi International Airport, Mr james Macharia...
A mega US$1.1bn cement plant in Egypt is yet to start operations. This surprisingly comes at a time when the country is experiencing excess cement capacity. The cement plant The cement plant with six production lines in the Egyptian city of...
The deals market in Africa will be slower this year than in 2017, but the region’s financial services sector is on the rise and looking to invest in technology, according to a new report. Mergers and acquisitions (M&A) across financial...
The President of the African Development Bank, Akinwumi Adesina, has made a compelling case for accelerating Africa’s industrialisation in order to create jobs, reduce poverty and promote inclusive economic growth. Citing data from the Bank’s 2018 African Economic Outlook...
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...
Construction of Ghana’s biggest power Bulk Supply Point (BSP) at Pokuase in the Ga West district has commenced. President Nana Addo Dankwa Akufo-Addo cut the sod to mark its beginning. The President described the project as a “major mile stone...
China Telecom Global (CTG), a subsidiary of China Telecom Corporation Limited – providers of integrated telecommunication services, and Liquid Telecom, a pan-African telecoms group, announced the signing of a historic strategic partnership whereby the two companies will collaborate to...
(Ecofin Agency) - CDC Investment, the British institution for development financing, announced in a statement, it has signed a cooperation framework-agreement with China-Africa Development Fund (CAD Fund), a Chinese investment fund focused on Africa. The agreement aims to strengthen relations...
The Federal Government of Nigeria reveals plans to demolish more structures to give way for full internationalization of Akanu Ibiam Airport in Enugu. This is according to Mr. Hadi Sirika, Minister of State for Aviation. According to Mr. Sirika, the Federal Government has...
Tanzanian government is seeking for funds to construct at tarmac level a 220km-road, which connects Morogoro and Njombe regions and Madeke Village. Deputy Minister for Works, Transport and Communications Elias Kwandikwa announced the reports and said that the government had already completed...
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