ZAMBIA AND ANGOLA SIGN DEAL FOR ROAD CONNECTING PROJECTS

ZAMBIA AND ANGOLA SIGN DEAL FOR ROAD CONNECTING PROJECTS

Zambia and Angola have signed six (6) memoranda of understanding (MoUs) aimed at boosting trade and investment in the two countries. The two countries have signed an MoU on cooperation to facilitate the construction of the Zambia/Angola connection road via the Jimbe border between Zambia’s Ikelengi district in the northwestern province and Angola’s town of Luau. The two nations have also committed to the construction of the Malundo/Sikongo border in the western part of Zambia….

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RWANDA AND ZIMBABWE SIGN MINING DEAL

RWANDA AND ZIMBABWE SIGN MINING DEAL

Memorandum of Understanding (MoU) Signed between Rwanda and Zimbabwe to boost mining sector. Rwanda and Zimbabwe has sign an MoU that will aim to spur business and private sector involvement. This MoU will help the mining sector in promoting and creating more opportunities for citizens in both nations. The mining deal will bring both nations to work together in training, exchange resources management experiences as well as share expert employment in the mining sector. CEO…

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DEVELOPMENT BANKS JOIN FUNDS FOR NAMIBIA INFRASTRUCTURE PROGRESS

DEVELOPMENT BANKS JOIN FUNDS FOR NAMIBIA INFRASTRUCTURE PROGRESS

Will the new partnership help Namibia resolve its infrastructural problem or will lack of private capital unavailability stop them. Infrastructure development is a key driver for progress across any developing nation. This is why the Development Bank of Namibia (DBN) and Development Bank of South Africa (DBSA) is combing to make that possible. The plan is to pledged N$8 billion in finances for infrastructure requirements in Namibia. According to the announcement, the funds will be…

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AMERICAN VENTURE GROUP SIGNED DEAL WITH LIBERIA WATER CORPORATION

AMERICAN VENTURE GROUP SIGNED DEAL WITH LIBERIA WATER CORPORATION

AVG sign deal with Liberia Water and Sewer Corporation to provide sufficient and affordable water Liberia Water and Sewer Corporation (LWSC) has signed an MoU with American Venture Group (AVG) to provide sufficient and affordable water. The deal will also enable 1.5 million Liberians to have sustainable supply of clean and safe drinking water. Speaking during the MoU signing, LWSC’s managing director, Duannah A. Kamara said this will provide sufficient supply of clean water to…

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PRESIDENT MAGUFULI UNHAPPY WITH SLOW TRADE IMPLEMENTATION BETWEEN MALAWI

PRESIDENT MAGUFULI UNHAPPY WITH SLOW TRADE IMPLEMENTATION BETWEEN MALAWI

Tanzania President call for more improvement in the implementation of trade agreement with Malawi. Tanzania President John Magufuli is unhappy with the slow implementation of the trade agreement with Malawi. During a two-day visit to Malawi, He called for the speedy implementation of the agreement. He cited the construction of the one-stop border post at Songwe-Kasumulu as very slow. The construction is under the Memorandum of Understanding signed way back in 2015. President Magufuli said “There is…

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NIGERIA SIGN MoU WITH JAPAN ON INFRASTRUCTURE INVESTMENT

NIGERIA SIGN MoU WITH JAPAN ON INFRASTRUCTURE INVESTMENT

Nigeria and Japan sign MoU on Infrastructure Investment. For the promotion of quality infrastructure investment between Nigeria and Japan, both countries have signed a memorandum of understanding (MoU). Representing both countries for the MoU signing in Abuja was Nigeria’s minister of transportation Rotimi Amaechi and Japan’s State Minister of Land, Infrastructure, Transport and Tourism, Tsukasa Akimoto. Nigeria as a developing country have a huge problem of infrastructural deficit. Japan have identified this problem and is…

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NIGERIA SIGN PIPELINE & REFINERY MOU DEAL WITH NIGER REPUBLIC

NIGERIA SIGN PIPELINE & REFINERY MOU DEAL WITH NIGER REPUBLIC

Nigeria and Niger Republic agree MoU for the construction of a pipeline and Refinery in katsina state. Nigeria and Niger Republic has sign an MoU for the construction of a pipeline and refinery. The deal will also help both nation create and share information in the Oil and Gas sector. According to report, the pipeline construction will be from Niger republic to the new refinery in Katsina state. It will also provide petroleum products for Nigeria….

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CONSTRUCTION WORKS BEGINS ON NEW DAR ES SALAAM BRIDGE

CONSTRUCTION WORKS BEGINS ON NEW DAR ES SALAAM BRIDGE

President John Magufuli and South Korea Premier, Mr Lee Nak-yeon sign MoU for New Dar es salaam bridge construction. Construction is set to kick-off on the new Dar es Salaam bridge. Meanwhile the MoU was sign in the presence of President John Magufuli and South Korea Premier, Mr Lee Nak-yeon. According to the MoU, the bridge will cost $126.26 million (Over Sh284bn) and will be complete in 2021. It will also have a structure that will run…

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IVANHOE MINES AGREE MOU WITH SNCC TO BUILD RAILWAY

IVANHOE MINES AGREE MOU WITH SNCC TO BUILD RAILWAY

Ivanhoe mine sign MOU with SNCC to rebuild the railway spur line which will support a new era of operation at the Kipushi zinc-copper mine. Ivanhoe Mines Ltd which is a Canadian mineral exploration and development company has signed a Memorandum of Understanding with the Democratic Republic of the Congo’s (DRC’s) national railway company Société Nationale des Chemins de Fer du Congo (SNCC), to rebuild a railway spur line to support a new era of operation at the…

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