ZAMBIAN COPPER MINE BAGS USD 1 BILLION CANADIAN CONTRACT

ZAMBIAN COPPER MINE BAGS USD 1 BILLION CANADIAN CONTRACT

Canada’s First Quantum budgets $1 billion for Zambian copper mine expansion. Canadian miner First Quantum Minerals Ltd is weighing investment of around $1 billion to lift output at Africa’s biggest copper mine in Zambia, despite a feud with state miner Zambia Consolidate Copper Mines Investment Holding (ZCCM-IH) over project funding. The investment would add a decade of life and head off production declines at the Kansanshi copper mine, increasing annual production to 300,000 tonnes over…

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NIGERIAN AND CANADIAN FIRM PARTNERS FOR A N7.2 BILLION TELECOM INFRASTRUCTURE DEAL

NIGERIAN AND CANADIAN FIRM PARTNERS FOR A N7.2 BILLION TELECOM INFRASTRUCTURE DEAL

Pan African Towers signs deal with Watt Renewable Corporation for Alternative Energy solution A Telecom Infrastructure deal between Nigerian firm Pan African Towers (PAT) Limited and Watt Renewable Corporation of Canada have been signed. The N7.2 billion partnership deal will see Watt Renewable providing alternative energy solutions to power Pan African Towers sites in Nigeria. These alternative energy solutions like solar and other renewable energies will replace the diesel-powered conventional generators. The telecom infrastructure deal between both companies aims to…

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AMAZON OPENS BID FOR SECOND HEADQUARTERS

AMAZON OPENS BID FOR SECOND HEADQUARTERS

Amazon founder and chief executive Jeff Bezos has made it known that Amazon plans to build a massive second headquarters in North America that will equal its current headquarters in Seattle and are ready to spend US$5bn over 15-17 years on the project. In line with this, Amazon has asked interested cities to submit proposals for housing the new headquarters. He said, Amazon are willing to look beyond the US for the new Headquarters location, so Canadian cities…

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