Sunday, August 25, 2019
The Group Chief Executive Officer, Dangote Cement Plc, Joe Makoju, has said the company has invested a sum of $3bn to build manufacturing plants and import/grinding terminals across Africa. The company’s operations are in Cameroon (1.5 metric tonnes per annum...
NamWater has started to repair the two pumping lines that convey water from the Calueque Dam into the canal which feeds northern Namibia. The two pumping lines at the Calueque Dam started leaking in December 2017, just before the...
UK’s next generation utility, BBOXX, has unveiled pay-as-you-go (PAYG) solar systems in towns and cities in the Democratic Republic of Congo (DRC). The company collaborated with manufacturer of components for solar energy systems, Victron Energy, on this venture. A joint press...
JPMorgan Chase & Co plans to expand its African presence into countries including Ghana and Kenya, Chief Executive Jamie Dimon said in an interview on Wednesday. “You’ll see us open in some countries we are not in, in Africa you’ll...
South Africa and Ghana signed the biggest single deal of the day at the Africa Investment Forum. The deal — worth $2.6-billion — is expected to improve Accra’s public transport system through an elevated light railway system which would provide...
French renewable energy producer, Voltalia has obtained permits for the development of two hydropower plants with a capacity of 9.8MW and 7.2MW, respectively in Morocco. Delivered by the Moroccan Ministry for Energy, the permits relate to two hydropower plant...
The government of Ghana is set to start the feasibility study for the construction of the railway line from Kumasi to Paga which will link up with neighboring Burkina Faso. Meanwhile, the government has completed its official pre-feasibility engagements. The six...
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...
Global powerhouse, Siemens is set to invest in power production in Tanzania as it seeks to boost the goals of the country as far as energy is concerned. The German conglomerate has been a great pillar in the field...
The African Development Bank (AfDB) has committed to invest $100 million in the Emerging Africa Infrastructure Fund (EAIF), a private-public partnership company managed by Investec Asset Management. The funding aims at reducing infrastructure deficit in sectors that are key to the...
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