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
Turner & Townsend merge with Kenya project management firm MML.
Turner & Townsend, a global construction firm gets shares in a firm in Kenya. The Nairobi firm which is a leading company has sold share and will now be under Turner & Townsend. The merger comes as global investment is … Read More
E.U. worries over Cameroon crisis
The European Union (E.U.) has concerned themselves with the ongoing crisis in Cameroon. E.U asked the government to stop the lose of lives in area both civilians and security personnel alike.
E.U. suggested that Cameroon government should begin sincere and positive discussion as a means … Read More
KETRACO and Jyoti sued by UBA to avoid liquidity
UBA Bank in Kenya has sued Jyoti Structures an Indian firm and Kenya Electricity Transmission Company Limited (KETRACO). The suit is because of the danger of losing the money advanced to both companies.
The Bank is in liquidation, trying to recover
Cape Town and other cities in Africa to face drought.
Plans for investment in water infrastructure in Africa needs to be set in place. As the count down to Cape Town drought comes close.
May 11 is the predicted date for the drought due to the current climate change.
The European Union displeased over the political, human rights and security situation in Equatorial Guinea.
Equatorial Guinea is a current member of the United Nation Security Council. European Union mandated them to take all necessary steps to fulfill its international obligations. Also as regards human rights and fundamental freedoms.… Read More
Foreign exchange market recieves US$210m from CBN to ensure stability and sustain liqiudity
Central Bank of Nigeria (CBN) added US$210 million to the Inter bank Foreign Exchange Market. This move is in line to ensure availability and meet customers’ request.
Mr Isaac Okorafor, the acting Director, Corporate Communications said the … Read More