DEMOCRATIC REPUBLIC OF CONGO SIGN INGA III DAM PROJECT DEAL

DEMOCRATIC REPUBLIC OF CONGO SIGN INGA III DAM PROJECT DEAL

DRC has sign a US$14 billion dam project that will help increase the nation electricity generation from the current 10%.

Democratic Republic of Congo has sign an 11,000-megawatt Inga III Hydro-electric Dam. This Dam will help boost the energy output in the nation and also provide better generation of electricity. …

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AFRICAN ECONOMIES ARE NOT COMPETITIVE – WEF 2018 REPORT

AFRICAN ECONOMIES ARE NOT COMPETITIVE – WEF 2018 REPORT

African economies rank least competitive in World Economic Forum (WEF) 2018 report .

World Economic Forum (WEF) 2018 report says various African Economies have remained uncompetitive. The reason its says is especially due to weak institutions and inadequate public policies.

In the WEF 2018 report; US Economy topped the world …

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FEMALE CONTRACTORS ASKING TO BE PRIORITIZE IN LIBERIA

FEMALE CONTRACTORS ASKING TO BE PRIORITIZE IN LIBERIA

Female contractors in Liberia asking to be prioritize especially during contract bidding.

Female contractors in Liberia are seeking for more space in the construction industry. They are calling for major stakeholders in the nation to prioritize them because they feel left behind.

The women under the banner, Female Contractors of …

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NIGERIAN SENATE APPROVES EUROBOND ISSUE WORTH US$2.786bn

NIGERIAN SENATE APPROVES EUROBOND ISSUE WORTH US$2.786bn

The Nigerian Senate have given approval for a US$2.786 billion eurobond issue.

The Nigerian Senate have approved a US$2.786 billion Eurobond issue. While approving the eurobond, the senate also urged the country to focus on increasing revenue and limit its foreign borrowing. This it says is to avoid a cleverly …

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NAMIBIA MINISTER FOR FINANCE ASK AFDB TO STOP PROJECT TENDER

NAMIBIA MINISTER FOR FINANCE ASK AFDB TO STOP PROJECT TENDER

Namibia Minister ask AFDB to hold tender process for major projects in the nation.

Minister for Finance, Calle Schlettwein has ask African Development Bank to stop the tender process for the rail and road project. This is as a result of dispute that the project will only favour foreign firm.…

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NIGERIA’S MINING SECTOR TO RECEIVE US$3.32bn FROM PRIVATE INVESTORS

NIGERIA’S MINING SECTOR TO RECEIVE US$3.32bn FROM PRIVATE INVESTORS

Nigeria mining sector set to get US$3.32 billion as private investors show interest.

At the ongoing Third Annual Nigeria Mining Week in Abuja, Nigeria’s Minister of State, Mines and Development Alhaji Abubakar Bwari, said private investors are ready to commit about US$3.32 billion to fund projects in Nigeria’s mining sector.…

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ANGOLA GOVERNMENT SET TO RECONSTRUCT NATIONAL ROADS

ANGOLA GOVERNMENT SET TO RECONSTRUCT NATIONAL ROADS

President João Lourenço announce plans to reconstruct national highways in Angola.

Angola government has declare plans to reconstruct all national road in the country. This road project will help in recovering the national road network, especially on national highways.

The statement was declare during the opening of the new Parliamentary …

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Graduate Customer Service Representative At Paystack, Nigeria

Graduate Customer Service Representative At Paystack, Nigeria

Paystack helps businesses in Africa get paid by anyone, from anywhere in the world. Over 17,000 businesses of all sizes use our modern payments platform, including MTN, Taxify, Domino’s Pizza, Smile Communications, GIGM, AXA Mansard Insurance, and many others.

Within a little over 2 years, our close-knit team has introduced …

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GOOGLE TO BOOST ECONOMIC GROWTH IN KENYA WITH DIGITAL SKILLS

GOOGLE TO BOOST ECONOMIC GROWTH IN KENYA WITH DIGITAL SKILLS

Google set to partner with Kenya to help smallholder farmers to digitalizes their products.

Google is making plans to contribute to Kenya’s social and economic growth. Meanwhile, it announce the partnership with One Acre Fund, a nonprofit organization. This deal will help supply smallholders farmers with asset-based financing.

Google Kenya …

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ZIBAGWE DISTRICT SET TO CONSTRUCT MORE CLINIC IN ZIMBABWE

ZIBAGWE DISTRICT SET TO CONSTRUCT MORE CLINIC IN ZIMBABWE

Zibagwe RDC to build more clinic with will reduce the shortage of health facilities in the area.

Zibagwe Rural District Council (RDC) is making plans to construct more clinic in the area. This clinics will help solve the growing problem facing the district. Currently, the district has only 17 clinics …

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SUDANESE POUND INCREASES VALUE FOR THE FIRST TIME

SUDANESE POUND INCREASES VALUE FOR THE FIRST TIME

The value of Sudanese pound increases for the first time after devaluation.

According to bankers, the Sudanese pound have gained weight as it now values at 46.95 to the US dollar. This is the first rise since the devaluation of the Sudanese national currency. The devaluation is a new strategy …

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AFRICA FINANCE CORPORATION SECURES US$300m FROM EXPORT-IMPORT BANK OF CHINA

AFRICA FINANCE CORPORATION SECURES US$300m FROM EXPORT-IMPORT BANK OF CHINA

AFC acquires US$300m loan facility from CEXIM

Leading infrastructure development finance institution in Africa, Africa Finance Corporation (AFC) successfully acquired a US$300 million loan from Export-Import Bank of China (CEXIM). Making up the loan is a US$200 million 5-year loan and also a US$100 million 5-year stand-by facility. The loan …

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SOUTH AFRICA SECURES US$35bn INVESTMENT COMMITMENT

SOUTH AFRICA SECURES US$35bn INVESTMENT COMMITMENT

South Africa have acquired US$35 billion out of the US$100 billion it needs for reviving its economy.

South Africa have received investment pledges of about US$35 billion as part of its plans to attract US$100 billion. The US$100 billion is for reviving the country’s economy.

The South Africa president Cyril …

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GHANA GET US$1.5M FROM AFDB FOR ENERGY EFFICIENCY

GHANA GET US$1.5M FROM AFDB FOR ENERGY EFFICIENCY

AFDB give Ghana US$1.5m as part of its plans to develop Africa’s energy deficits.

Ghanaian government has receive the sum of US$1.5m for its energy sector. This funds is from the African Development Bank Group (AFDB) with will help support the nation for energy generation. It will also help Ghana …

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SPHINX AIRPORT INAUGURATION ENTERS FINAL PHASE IN EGYPT

SPHINX AIRPORT INAUGURATION ENTERS FINAL PHASE IN EGYPT

Sphinx Airport on course to ease the pressure on Cairo International airport as inauguration looms.

Egypt’s Ministry of Aviation has begun the final phase of the sphinx airport in the country. The airport which will be the 333rd Egyptian airport an kick-off construction in 2016. It has also been register …

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MALAWI MINISTER HAPPY WITH MCHINJI TTC CONSTRUCTION

MALAWI MINISTER HAPPY WITH MCHINJI TTC CONSTRUCTION

Progress of construction of Teachers’ Training College (TTC) please Malawi Minister.

During a site tour of the area, the Minister of Education in malawi was impress with the level of work. The minister during his tour said there is need to increase teachers training and improving teacher’s welfare.

Minister of …

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ROMAN COBBLESTONE TECHNOLOGY TO BE USED ON KENYA ROADS

ROMAN COBBLESTONE TECHNOLOGY TO BE USED ON KENYA ROADS

Meru county set to use Roman cobblestone in paving 10 kilometres of road.

Kenya’s Meru county is set to use Roman cobblestone for its road construction. The county will spend Sh200 million in paving 10 kilometres of road with the technology in the 2019/2020 financial year. Meanwhile, the county needs …

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RESIDENTS PROTEST AGAINST LACK OF WATER IN KALKFONTEIN

RESIDENTS PROTEST AGAINST LACK OF WATER IN KALKFONTEIN

Kalkfontein Residents protests over lack of water in the area.

Residents of Kalkfontein in Botswana are unhappy with lack of water supply in the area. This has lead to them taking flyer into the street to protest about the water crisis in the area.

The area has been without water …

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