Thursday, December 5, 2019
Zimbabwe is set to construct four water treatment plants and rehabilitate existing ones at a cost of US $273m. Chinese company Sinohydro has been chosen by the municipality of Harare, the capital of Zimbabwe for the development. Construction works of...
The Zimbabwe Power Company (ZPC) has began a busy seven-day test run for unit number 8 of the Kariba South, the second generator in the extension project. The main aim of the exercise is to test performance and functionality of the 8th...
The German government has announced that it will hold the first meeting between the Group of 20 (G20) and leaders of African countries on Tuesday, October 30 in Berlin. Ulrike Demmer, deputy spokesperson for the German Executive, stated that the...
The Nigerian National Petroleum Corporation (NNPC) has announced plans to extend the ongoing Ajaokuta-Kaduna-Kano (AKK) gas pipeline system across the Sahara to Algeria in North Africa. Dr. Maikanti Baru disclosed the reports and said that the AKK gas pipeline is...
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...
The largest airport in Senegal will open its doors on December 7, after more than a decade of development and delays. Blaise Diagne International (AIBD) will have initial capacity for three million passengers per year, rising to 10 million per...
Construction of the US $37m Gidabo Irrigation Dam in Ethiopia is almost complete and will begin operations in the next few months. It is set to irrigate 27,043ha of land once complete. The mega dam has a capacity to...
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...
President Xi Jinping told African counterparts and business leaders Monday that China’s investments on the continent have “no political strings attached”, even as Beijing is increasingly criticised over its debt-heavy projects abroad. Xi spoke before the start of a two-day...
Nigeria’s Ebonyi State government is set to partner with Chinese company, Foshan Sunchees Energy Company to develop a solar panel and battery manufacturing factory at a cost of US $4m. Governor David Umahi, represented by his Deputy, Dr Kelechi Igwe...
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