Tuesday, July 16, 2019
Somerset West – Capital will always go where it is looked after, Patrick Dlamini, CEO and managing director of the Development Bank of Southern Africa (DBSA), has said at the First African Roundtable on Infrastructure Governance taking place in...
The government of Zambia has a reached a financial deal of US $47m with Bluebird Finance & Projects to support the construction of a multimillion agricultural centre in the north of the country. Ram Shalita, CEO of Bluebird confirmed the reports and said the...
FinDev Canada, Canada’s development finance institution, has annoucned its first transaction, a $10m investment in M-KOPA, a ‘pay-as-you-go’ energy provider to off-grid homes in Kenya. M-KOPA has connected 600,000 homes across Africa, providing 75 million hours of kerosene-free lighting each...
Africa and Asian countries are expected to take a strong stand on energy at the World Bank/International Monetary Fund (IMF) spring meetings in Washington, next week. They would be pushing for the Bretton Wood Institution to change the position that...
Construction of Sahofika hydroelectric plant in Madagascar to begin in December. This is after a framework agreement was signed between the Madagascan authorities and the New Onive Hydroelectric Energy Consortium, composed of Eiffage, Eranove and Themiscompanies towards the development.
The Ugandan cabinet has authorized US $150m loan from the International Development Association (IDA), a member of the World Bank Group, for the construction of safe water sources in more than 20 districts, municipalities, town councils and refuge hosting areas across...
THE African Medallion Group (AMG) has introduced a US$1 billion gold-backed bond certificate, a global solution that enables people from anywhere in the world to invest in and enjoy the benefits of owning the special metal. The development is expected...
South Africa is set to construct a skyscraper in Cape Town’s CBD which resembles a Rubik’s cube with a new edition of modern architectural design. Construction of the luxurious mixed use skyscraper dubbed ‘The Rubik’ will be developed by Abland...
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...
El Gestor de Infraestructuras de Telecomunicaciones de Guinea Ecuatorial (GITGE) is officially inaugurating Equatorial Guinea’s new Ceiba-2 fiber optic cable project during a private event on June 4 in Malabo. Keynotes for the launch of the state-of-the-art fiber optic cable...
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