Tuesday, July 16, 2019
Three major organisations have partnered to roll out a farming technology aimed at revolutionising farming among smallholder farmers across the country. Mercy Corps, MasterCard Foundation, and Safaricom have introduced DigiFarm, a mobile phone platform which enables farmers access variety of...
The African Development Bank is set to unveil its power plan that will see 29.3 million people in the continent get connected to power by 2020. The bank is investing heavily in ways to help the estimated 640 million...
Swissport Tanzania plans to invest US $1.8m on ground equipment at the Kilimanjaro International Airport (KIA) to improve export handling facilities. “Aviation technology is changing rapidly and to be competitive we have to keep abreast of the trends by investing heavily....
Mozambique may be one of the world’s more financially troubled economies, but that has not stopped it from closing one of the region’s most ambitious energy deals. Despite defaulting in 2017 and lying to the IMF about some $2bn in...
To further enhance the African Local Currency Bond Fund (ALCB Fund) portfolio and promote the development of domestic capital markets across the continent, the African Development Bank (AfDB) has approved a loan of R140-million. The senior loan, with a seven-year...
JOHANNESBURG, Feb 5 (Reuters) - South Africa’s Public Investment Corporation (PIC), Africa’s biggest investment fund, said on Monday it had given cash-strapped state power firm Eskom a 5 billion rand ($416 million) loan to fund the utility’s operations in...
The European Investment Bank (EIB) is finalising a Sh7.5 billion ($78 million) loan for construction of two solar power plants in Kenya. The credit is evident that there is growing interest by global organisations in financing renewable projects in the...
South Africa’s minister of Public Enterprises, Lynne Brown, has given state-owned utility Eskom the go ahead to resume the signing of outstanding Power Purchase Agreements (PPAs) with renewable independent power producers (IPPs). The PPAs have been kept on ice since...
Saudi Arabia’s sovereign wealth fund is nearing an agreement to buy about a 10 percent stake in ACWA Power International ahead of an initial public offering by the Riyadh-based energy producer, according to people with knowledge of the matter. The...
The Ayka textile group, a Turkey-based company, plans to invest CFA200 billion francs to open within the next six months a cotton processing plant in Burkina Faso, APA learned from reliable sources. According to the Turkish investor, the quality of...
- Advertisement -

FOLLOW US

9,010FansLike
19,910FollowersFollow
1,039SubscribersSubscribe
- Advertisement -

RECENT EVENTS