Monday, October 21, 2019
Independent investment firm RisCura has released its latest report on investing in Africa,Bright Africa 2018, which highlights that Africa’s consumer and business spending is expected to reach $6.7 trillion by 2030. The report segments Africa into nine meaningful markets, or...
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...
Senegalese President Macky Sall and Gambian President Adama Barrow have inaugurated the new Senegambia Bridge after years of completion. “We can be proud to have turned this dream of several generations into a reality. This bridge which has been in...
French company VINCI Construction, in a joint venture with Andritz Hydro, has won a contract worth €284m to build the Abdelmoumen pumped storage hydroelectric plant (PSP) located 70km from Agadir in Morocco. The turnkey project is part of a plan...
The broad-based slowdown in sub-Saharan Africa is easing, and growth is expected to pick up to 2.6% in 2017 from last year’s 1.4%, the IMF said in its latest Regional Economic Outlook for sub-Saharan Africa. A recovery in oil production...
Phase one works on Sandton Gate precinct in Johannesburg, South Africa nears completion. This is according to Abland and Tiber, joint developers of the project announced the reports. “Due to the high demand following the launch of phase 1, we aim to break...
Kenya has been ranked 9th globally in geothermal power generating capacity and leads in Africa with a generating capacity of 700MW according to the Renewable Global Status 2018 beating the famous technological heavyweight Japan who took position ten in...
Ghana’s Ministry of Works and Housing is set to construct 200,000 housing units in 10 regions across the country next year, in bid to address housing deficit in the country. Samuel Atta Akyea, the Minister for housing confirmed the reports and...
FOREIGN direct investment into Africa dwindled over the past five years, from US$74 billion (roughly N$1 trillion at the current exchange rate) in 2013, slowly dropping to US$41 billion (roughly N$581,2 billion) in 2017. Moreover, global flows of foreign direct...
Dr Jumoke Oduwole, the Senior Special Assistant to the President on Industry, Trade and Investment‎, says the Federal Government is committed to ensuring Ease of Doing Business in Nigeria. Oduwole said this on Tuesday, during a stakeholders sensitisation workshop held...
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