Sunday, August 25, 2019
The government of Rwanda is seeking US $1.3bn to subsidize its portion of the Isaka-Kigali SGR line that links Rwanda and Tanzania. Jean de Dieu Uwihanganye, the Minister of State in charge of Transport revealed the reports and said...
It is without doubt that China is an emerging superpower, a position currently occupied by the United States of America. China’s rising power, politically and economically is evident in all aspects of the global economy. China’s rising global stature has...
With over 40 years’ experience in the industry and a founding partner of Hemson Consulting Ltd, an advisory firm specialising in planning policy, municipal finance and related issues, Hughes is the first RICS President based in Canada. “We must develop...
Sonangol, Angola’s national oil production company, Sonangol and United Shine signed a partnership agreement on Tuesday in Luanda to build a high conversion crude oil refinery in Cabinda province, an Angolan enclave coinciding between Congo and the DRC,...
The Democratic Republic of Congo plans to start construction work this year on the frequently delayed Inga 3 hydro power project at a predicted cost of US $13.9bn, after receiving a joint bid from two previously competing consortia of...
Integrated Polytechnic Regional Centre (IPRC-Musanze) in Rwanda is set to undergo a US $16m facelift. Rao Hongwei, the Chinese ambassador to Rwanda performed the ground breaking ceremony. The new campus is part of China-aided...
Affordable houses are set to be constructed in Kakamega County, Kenya as from May this year; Governor Wycliffe Oparanya confirmed the reports as he hosted teams from the Housing Finance Company (HFC) and the United Bank of Africa (UB-A). The initiative will eventually provide...
The Central Energy Fund of South Africa and ACWA Power have entered into a cooperation agreement to co-invest in renewable energy projects the first of which will be the 100MW Redstone concentrated solar thermal power (CSP) plant in the...
November 29, 2017, in the Côte d’Ivoire capital, ahead of the African Union-European Union Summit, the European Investment bank (EIB) signed its first, landmark agreement with the African Export Import Bank (Afreximbank). The agreement involves a finance facility for...
Burkina Faso is now home to West Africa’s biggest solar farm, a 33-megawatt plant located in the town of Zatubi, outside the capital Ouagadougou. Built at a cost of $56.7 million, the 55-hectare (approximately 135-acre) farm is expected to power...
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