Wednesday, October 16, 2019
The government of Ghana has cut the sod for construction of a US $2m waste-water treatment plant in Kumasi the Ashanti Region to begin. Speaking during the sod ceremony, Samuel Atta Akyea, Minister of Works and Housing, said the project, a partnership between Jospong...
A US$ 62m transport university is set to be constructed in Tanzania by the Chinese government; the mega institution will help cater for all the transport needs in the country. A statement that was released after President John Magufuli met...
Initial $155 million investment nine years ago now worth more than $1.24 billion. The value of the 10% investment the California Public Employees’ Retirement System (CalPERS) made in London’s Gatwick Airport nine years ago has skyrocketed, turning an initial...
According to The Herald, Nigerian billionaire Aliko Dangote has renewed his interest in pursuing his USD 1.5bn investment in Zimbabwe and on the 9 April, dispatched an advance team comprising geologists. The team will be in Zimbabwe for 10...
The Kenya Power Pension Fund (KPPF) has been named the best fund in Africa. This is after it emerged the winner of the category in the recently-held Africa Investor (Ai) Capital Market & Index Series Awards in New York, USA. The...
New York-headquartered computing firm Soluna, is building wind-powered blockchain computing infrastructure in Morocco, to bring a clean and sustainable alternative to the current cryptocurrency mining approach. The firm plans to develop its own 900MW wind farm power plant in Morocco...
MTN launched a mobile money-based Initial Public Offering in Ghana. It is the first time shares of a major corporation can be purchased using mobile money accounts. Ghanaians will be able to buy shares using Momo Wallet, MTN’s local mobile...
The first trans-border gas pipeline in East Africa is set for construction. This is after Tanzania and Uganda signed a deal for the construction of a natural gas pipeline at the end of a three-day Joint Permanent Commission Summit held...
The World Bank has approved $125 million in additional support for Morocco’s adoption of innovative solar technology, as part of the national goal of developing the country’s world-class solar and wind energy resources. The additional financing, which includes $25 million...
Ethiopian officials, who have earmarked some 11.5 million hectares (28.5 million acres) of land for overseas firms to invest in agriculture, say Karuturi failed to make adequate progress on the land. Activists say neither side addresses the more critical issue...
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