Wednesday, June 19, 2019
Kenya is set to benefit from US $35m kitty by global beverages firm Coca Cola which is aimed at providing and safe water to six million people across the continent. The programme dubbed ‘Replenish Africa Initiative (RAIN) consists of laying...
Bitcoin's eye-watering price surge over the past year is proving too tempting to resist despite fears that cryptocurrencies are a bubble floating towards an inevitable burst. One group for whom it holds particular appeal is African millennials, writes the...
A Chinese clean energy company, Hanergy Group, has launched a solar-powered project dubbed Humbrella.  The innovation, aimed to light up African villages, forms part of the company’s corporate social responsibility. A company statement underlined that thin-film solar power research and development has...
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 Odu’a...
Africa’s largest cement Company, Dangote Cement recently opened its 1.5mtpa capacity cement plant in Mfila, Congo Brazzaville. The $300 million plant is expected to create about 1000 direct employment opportunities and thousands of several other indirect jobs. Speaking at the plant’s...
Black Rhino and Dangote group, the major partners in the proposed 540MW gas-fired Qua Iboe Power Plant (QIPP) located in Ibeno local government of Akwa Ibom State have secured funding the project which is estimated to cost $1.1billion. Black Rhino,...
For the past year, a debate has raged over the role and impact of the CFA franc in West Africa. Supporters of the controversial exchange rate arrangement argue that the peg to the Euro has delivered a credible and...
Overcoming the barriers for intra-African trade to double in a decade can feel like a Sisyphean task – impossible to complete. But that is the objective of the Boosting Intra-African Trade (BIAT) action plan, which targets to double flows...
The Swaziland Rail Link project is set to create more than 9000 direct jobs as well as improve people’s lives, support regional integration in SADC and accentuate the promotion of intra-Africa trade and economic sustainability. This is the view of...
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