Sunday, August 25, 2019
In response to low electrification rates in some remote areas across Africa, the African Development Bank (AfDB) has approved a proposal to help Zola EDF Côte d'Ivoire (ZECI), to mobilise a loan in local currency to the tune of...
Angola plans to allow miners to sell up to 60% of rough diamonds to companies of their choice, including to their own trading divisions, Reuters reported last week. The changes are part of the country’s reforms to its diamond sector...
Five (5) firms have applied for pre-qualification to bid for the planned 2nd Nyali Bridge in Mombasa. This follows the close of the Request for Qualification (RFQ) at the end of last week. The project which will involve construction, operation...
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...
Egypt is set to implement a 4MW solar power project in Uganda that is geared at improving the country’s renewable energy performance. Access to modern energy services through renewable energy development is a major concern for the energy sector...
Saudi Arabia has announced plans to construct an independent oil refinery in Nigeria. Minister of Energy Industry and Mineral Resources of the Kingdom of Saudi Arabia, Khalid Al Falih revealed the reports during his meeting with Nigeria’s Minister of...
Julius Berger, a construction company in Nigeria has given the Senate committee on work an assurance that Lagos-Ibadan road will be completed by 2021. The company who made the revelations during a meeting with Senator Kabiru Gaya-led Senate committee which also involved inspection...
Zimbabwe is soon going to benefit from a US $2bn solar financing arrangement availed by the Government of India to several African countries. Vice President, General Constantino Chiwenga, met India’s President Mr Ram Nath Kovind as part of discussions on...
Dodoma Municipal Council in Tanzania is expected to issue a green light for the construction of a new mega bus terminal and a commercial tower complex that will improve transit connections and transform the municipality’s skyline. According to the Council,...
The African Development Bank (AfDB) and various partners have invested a total of US$55 million in the Facility for Energy Inclusion Off-Grid Energy Access Fund (FEI OGEF), which brings the fund closer to its first close target. FEI OGEF is...
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