Monday, November 18, 2019
Following the increased interest by the federal government, more than 100 local and foreign companies have reportedly indicated interest in the development of the Ibom Deep Seaport in Ibaka, Mbo Local Government Area of Akwa Ibom State. Speaking during an...
Donors to the Fund for African Private Sector Assistance (FAPA) – consisting of the African Development Bank, the Government of Japan and the Government of Austria – have approved three catalytic projects totaling US $2,480,000 to stimulate the growth of Africa’s...
(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 New Development Bank plans to lend as much as $600 million more in South Africa this year in an effort to spread funding more evenly across its five member states. The lender, backed by Brazil, Russia, India, China and South Africa,...
Tanzania has awarded the tender for the construction of what will become East Africa’s largest hydro electric project  the controversial Stiegler’s Gorge dam hydro electric power project in the Selous Game Reserve. The tender for the Stiegler’s Gorge dam...
Sierra Leone is set to receive US $4.9m funding from the Development Bank of Southern Africa (DBSA) to finance remaining and final stages in developing the Bumbuna II hydropower project, the country’s largest infrastructure project. The project...
The government of Liberia has announced that as per schedule, construction of a new bridge over the Timo River is expected to be fully launched and commissioned on July 15, 2019. Minister of Public...
2017 was a slow year for M&A deals across Africa. Instability, lack of regulatory clarity and weak economic fundamentals in the continent’s biggest markets in particular worked to limit investor confidence. Meanwhile, increasing concerns over ethical and compliance considerations...
The government of Namibia has announced that construction works on small business parks countrywide are nearing completion in most of the towns. Trade and industry minister Tjekero Tweya announced the reports briefing parliament on...
The government of Ghana has signed an agreement with Solin, a Hungarian private company to construct 10,000 affordable housing units across the country. According to the Minister for Works and Housing, Samuel Atta Akyea who confirmed the reports, the project came at the...
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