Germany and Egypt to partner more because of Egypt’s open economy and policies.
Egypt’s open economy progress is commendable says Germany. This is according to Thomas Bareiß; German’s parliamentary state secretary at the Federal Ministry for Economic Affairs and Energy @ BMWi bund.
To further strengthen mutual links … Read More
Chinese Exim Bank offer US$3bn to Egypt for its infrastructure development.
Chinese Exim Bank is offering Egypt US$3bn for their new projects over the next couple of years. This will help grow Exim Bank brand in the nation as well as investing for the future.
The fund will include a … Read More
BDEAC plans to finance development projects in DR Congo.
Plans are underway by the Development Bank of the Central African States (BDEAC) to finance projects in Democratic Republic of the Congo. This is the first time that BDEAC is financing any project in the nation.
The bank is prioritizing the … Read More
U.S issues visa ban on Ghana
U.S government has issued a visa ban on Ghana. This is after the Ghanaian government’s refusal to take back its citizens that were to be deported by the U.S government. This latest development will have definitely make Ghanaians go through a very hard process … Read More
Anti-Graft Summit held in Kenya with the aim of tackling corruption
Corruption is like a form of dishonesty to any nation or place. This is why the Kenya government has set up an anti-graft summit which will aim to tackle such problem.
The summit which has brought various stakeholders from … Read More
Senegal launches its first electronic railway line in Dakar.
Senegal has just launched a new railway line that will help boost the nation’s economy. The railway line will link the capital city to different areas in the nation. This project is a part of the nation’s development goals.
The railway … Read More
Loud explosion sound heard at Michel Camp in Ghana but no death recorded.
The famous Michel camp was on fire early this morning after loud explosion. The explosion occurred in the early hours, Meanwhile resident in the area looking for ways to evacuate to a safe place.
The camp barrack … Read More
Minister happy with progress of office building construction as part of plans to relocate to the state capital in Dodoma.
Construction of water and irrigation ministry office is moving at a steady pace according to the minister. During his visit, the minister express his excitement about the pace of the … Read More
Malawi Govt launches construction of five China-Aided community technical colleges.
Developing a community is one of the key ways of having good infrastructure in any nation. This is why Malawi and China has launched a China-Aided Community project in Malawi which will help improve lives.
Under the China-Aided Community Project, … Read More
Sasol company receive two license to explore gas in mozambique which will help expand its brand.
Gas exploration in Africa is key towards having a good infrastructure development. This is why Africa nations mostly East Africa is striving to use this medium to help develop the nation.
Mozambique has approve … Read More
Mberengwa-mnene road construction on hold after contractors pull out due to cash flow challenges.
Mberengwa-mnene road project is on hold after contractors decide to pull out. The contractors are unhappy with the way the project is been handle and has so far remove all their equipments on site.
The contractor … Read More
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 … Read More
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 … Read More
Namibia minister of works and transport appoint new RCC board members after old members sign self-funding agreement without authorization from the Government.
Namibia Minister of works and transport John Mutorwa appoint new temporary board of directors of RCC. Meanwhile Road Contractor company (RCC) has been going through problem which result … Read More
Nigeria Government announce new national building code that will improve, safe life and property.
Nigeria government has announce a new building code that will regulate every construction. It is also aim at improving and safeguarding the lives and property in the country. The news was announce in Abuja while inaugurating … Read More
Berbera port expansion to commence with just concluded agreement between UAE and the Government of Somaliland.
The Berbera Port expansion project is about to start with the just concluded agreement between United Arab Emirates (UAE) and Somaliland Government.
The Head of Port Operation Ali Ismail Mohamed confirmed that the project … Read More
Blockchain technology used in DR Congo to track minerals from origin to consumption.
Dorae Inc, has deployed blockchain technology to track cobalt, coltan and diamonds mined in DR Congo. Also, IMPACT of Canada has teamed up with technology firm Consensus to track gold from small mines.
This will benefit DR … Read More
Rwanda will soon be home to a hub for financial technology (Fintech), boosting start-ups in the sector.
The Chief Executive Officer of Finance Innovation Joelle Durieux revealed that the French based financial services in partnership with the Government of Rwanda is to set up a Financial technology (Fintech) hub. The … Read More
Zambia fuel price increased due to the increasing international oil price to sustain and stabilize its currency
The increase in Zambia’s fuel price is as a result of the rising international oil prices and the deprieciation of its currency, kwacha.
The Energy Regulation Board (ERB) detailed that the pump price … Read More
Construction of road project on track after inspection.
The construction of the road project is a joined Public Private Partnership between Groupe Européen de Développement (GED) and Development Bank of Southern Africa.
The both firm conducted an environmental assessment of the 187 km road that will cost US $475m. The … Read More