Sunday, August 25, 2019
The Rwandan government, Mara Corporation Ltd and SB Energy Corp have signed a Memorandum of Understanding to develop a 30MW solar power plant with a storage facility. The signing of the deal was during the International Solar Alliance (ISA) Conference which took...
The World Bank has approved of $2.1bn loan for seven projects to be executed in Nigeria. The loan was announced in a statement issued by World Bank Country Director for Nigeria, Rachid Benmessaoud in Abuja on Thursday. According to the statement,...
The construction sector in Uganda has documented an increase in the prices of goods in the year ending December 2017 compared to December 2016; this is according to a report released by The Uganda Bureau of Statistics (Ubos) recently. The report revealed...
The Emerging Africa Infrastructure Fund (EAIF) has announced the financing for a large-scale water treatment plant in Rwanda. The water treatment plant is the first Bulk Surface Water Supply in sub-Saharan Africa using a public/private partnership (PPP) model. It is also...
East Africa has enjoyed stronger and more resilient economic growth than the other regions in Africa, at over 4 per cent per year since 1990, on the back of a more diversified economy. A new joint report by the African Union Commission (AUC)...
InfraCo Africa has partnered France-based developer Solvéo Energie by committing up to US$3.1million for a 45% equity interest in the development of a 40MW solar project in the Republic of Guinea in West Africa. InfraCo Africa, part of the multi-lateral Private...
The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group (www.IsDB.org), signed a EUR 107 Million Murabaha Financing Agreement (CFA franc 70 billion) to finance Burkina Faso 2017/2018 Cotton Season with SOFITEX...
JOHANNESBURG – Finance Minister Tito Mboweni will deliver his medium-term Budget policy speech in Parliament today amid difficult economic circumstances. However, this is the right time to announce the establishment of a South African Sovereign Wealth Fund (SWF) with its...
Mozambique is set to construct an airport in the southern province of Gaza. This is according to Mozambican President Filipe Nyusi According to the President, the technicians have already made the measurements and tested the soil. Currently, a tender has been...
The island nation of Mauritius has set itself apart as the wealthiest country on the African continent on a per capita basis. Over the past 10 years (2007 to 2017) total wealth held in Mauritius has risen by 195% (in...
- Advertisement -

FOLLOW US

9,023FansLike
19,910FollowersFollow
1,053SubscribersSubscribe
- Advertisement -

RECENT EVENTS