NIGERIA HOUSING CRISIS MAY WORSEN AFTER CONFLICTING FIGURES

NIGERIA HOUSING CRISIS MAY WORSEN AFTER CONFLICTING FIGURES

Nigeria unable to meet targets set for housing sector after conflicting figures.

According to UN report, Nigeria is expected to overtake the United States to become the third most populous country in the world by 2050 because the cities in the country is becoming a new home to rural migrants …

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NIGERIA ENTERS LEAGUE OF STEEL EXPORTERS

NIGERIA ENTERS LEAGUE OF STEEL EXPORTERS

Nigeria soon to become an African steel export giant.

The latest development in the steel industry is an indication that soon Nigeria’s steel industry would be the next sector to watch out for after its Cement Industry.

The largest steel manufacturer in Nigeria, African Industries Group has started exporting its …

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Togo’s President Should Resign Immediately – Foreign Minister

Togo’s President Should Resign Immediately – Foreign Minister

president must resign immediately – Gambian Foreign Minister

On the 23 October 2017; Togo’s President Faure Gnassingbe  should resign immediately and the African Union and West African regional  bloc ECOWAS should persuade him to step down, Gambia’s Foreign Minister Ousainou Darboe told Reuters.

The West African country faces a political …

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NAMIBIA GETS US $4.3M FROM AF FOR WATER TREATMENT PROJECT

NAMIBIA GETS US $4.3M FROM AF FOR WATER TREATMENT PROJECT

Adaptation fund injects funds into Namibia’s water treatment project to help assist the treatment of poor quality local groundwater in the country.

The Adaptation Fund (AF) which is an international fund agency that is set up under the Kyoto Protocol of the United Nations Framework Convention on Climate Change (UNFCCC) …

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AFRICA’S TALLEST SKYSCRAPER TO BE CONSTRUCTED IN EGYPT

AFRICA’S TALLEST SKYSCRAPER TO BE CONSTRUCTED IN EGYPT

Egypt’s proposed skyscraper is set to replace Carlton centre as Africa’s tallest skyscraper

Egypt is set to construct Africa tallest skyscraper as part of its new administrative capital project. The 345m-high skyscraper project which is to be constructed by China State Construction Engineering Corporation (CSCEC) is expected to cost US$ …

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ZIMBABWE – LACK OF FUNDING STALLS POWER GENERATION PROJECTS

ZIMBABWE – LACK OF FUNDING STALLS POWER GENERATION PROJECTS

Over 30 Power generation projects stalled for the past 10 years because of lack of funding.

Power shortages in Zimbabwe had led the Government to open the power sector to private investors so as to complement the country’s integrated power generation and distribution company, ZESA holdings. Over 30 Independent Power …

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SOLARNOW SECURES US$6m DEBT FACILITY

SOLARNOW SECURES US$6m DEBT FACILITY

Ugandan solar startup SolarNow, receives US$6 million debt  facility to help expand business.

SolarNow – a startup which sells solar systems to rural households and businesses in Uganda with a 24-month credit facility, have just secured a US$6 million facility from SunFunder.

The facility which is SolarNow’s second structured asset …

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ANGOLA TO LAUNCH FIRST SATELLITE

ANGOLA TO LAUNCH FIRST SATELLITE

Angola to Boost Telecommunications Service with Launch of First Satellite AngoSat-1

Mr. José Carvalho da Rocha, Angloa’s ICT Minister confirmed that Angola is set to launch into the orbit its first communications satellite (AngoSat-1) by the end of the year.

The satellite on commencement of operations will provide telecommunication services …

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