Tuesday, July 16, 2019
The government of Rwanda has announced plans to invest US $440m in constructing water treatment plants and supply systems in urban and rural areas in bid to ensure access to clean water across the country.
Reconstruction works of the Oshodi-Murtala Muhammed International Airport Road in Nigeria nears completion. Messrs Hi-tech Construction Company, the contractor handing the project announced that the project is 75% complete. Sachi Ramsunder, the Project Manager explained that the bulk of work remaining for...
The African Development Bank (AfDB) has set a target to raise US$8bn (approximately Sh826bn) in 2018 through its annual borrowing programme. The bank will tap into capital markets and mobilise resources with the outcome of lending money to member countries...
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...
The Lagos State Government is set to embark on the reconstruction and upgrade of Taiwo Adewunmi and Imafidon Crescent in Oko-Oba GRA Scheme 1 in Lagos in a bid to reduce vehicular travel time. State Commissioner for Physical Planning and Urban...
Bamburi Cement company in Kenya has issued a warning that their profits will be substantially lower than the preceeding year signaling a continued slide in the fortunes of the company as this isthe second consecutive year of less than sterling...
The government of Zimbabwe seeks more than US $5bn to revamp the country’s road network. This is from reports made by the African Development Bank (AfDB) and the World Bank studies according to the country’s economic turn-around strategy – the Transitional Stabilization Programme (TSP). Dr....
Tycoon Humphrey Kariuki’s Great Lakes Africa Energy (GLAE) has entered an agreement with the Mozambique government to generate electricity using natural gas for domestic use at a cost of Sh40 billion ($400 million). The UK-based pan-African energy solution firm develops...
KIGALI, June 27 (Reuters) – Volkswagen will launch a car assembly facility in Rwanda on Wednesday, the first such factory in the East African nation as Europe’s biggest carmaker expands its presence in the region. Car ownership remains low in...
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