Sunday, January 26, 2020
The government of Namibia has officially opened the main road, MR120 that connects the regions of Oshana and Ohangwena which was funded at a tune of US $14m. Speaking during the opening ceremony, Vice-President Nangolo Mbumba said the project...
The iconic Lamu Municipal Market in Kenya is set to undergo a US $494,000 facelift in a move aimed at expanding it in order accommodate more traders. Lamu Municipality Manager Omar Famau announced the reports and said the county government...
Nigeria has signed a US $10m deal with United Kingdom-based Iconic City Limited for the development of a 3.8ha land in Alakia, Ibadan, the Oyo State capital, into a residential housing estate.Group Managing Director and Chief Executive Officer, of...
Foreign investment in sub-Saharan Africa’s power sector has reached a record-high. Spurred on by the United Nations’ goal to ensure modern energy access for all by 2030, international donors have focused on increasing the region’s electrification access. It currently stands at only...
Kenya’s President Uhuru Kenyatta signed a US $232m deal with two US companies; the US Overseas Private Investment Corporation (OPIC) and Kipeto Wind Energy Company that will see the construction of and operation of 100MW grid connected wind power plant. According...
NAIROBI, May 31 (Reuters) - A private Kenyan power firm has signed a 20-year deal to sell 40 megawatts it will generate from a solar plant it is building to the East African nation’s state-run distributor, its chief executive...
The Federal Executive Council (FEC) has approved immediate renegotiations of the East-West road contract with the handlers as well as its early construction of the Oron-Calabar segment. Usani Uguru Usani ,the Minister of Niger Delta lamented that over the years,...
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...
The multi-asset Africa-focused energy and resource company, Kibo Mining has signed a Joint Venture Agreement (the Benga Power JV) with Mozambique energy company Termoeléctrica de Benga S.A. (Termoeléctrica) to construct and operate a 150-300MW coal-fired power station. The JV will...
Construction works on the multi million dollar Namanve data center in Uganda is set to begin after Ugandan data centre provider Raxio Data Centre Ltd launched the project. In February 2019, Ugandan cloud service provider Hamilton Cloud Services finalized an...
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