Annuity Concessions are a variant of the Build Operate Transfer (BOT) PPP model in which the private operator is remunerated via a fixed, periodic payment (“annuity”) from the government rather than through toll proceeds. Under these PPP contracts, the private operator is responsible both for constructing the road, as well …
Read More
The two roads, developed by Intex Construction Ltd, are the first in the country to be constructed on a new Annuity Public Private Partnership (PPP) arrangement.
President Kenyatta and Mr Odinga drove to Kajiado County where he opened the 48 kilometre Ngong-Kiserian-Isinya and the 43 kilometre Kajiado-Imaroro roads.
The …
Read More
TUNIS: Italy’s Eni will stop its hydrocarbon activities in Tunisia to focus on clean energy, the Tunisian energy ministry said, amid recurrent social unrest near oil installations in the country.
The giant energy company will give up mining licenses for nine oil concessions it was running jointly with the Tunisian …
Read More
ALGIERS, March 30 (Reuters) – A Chinese consortium on Tuesday signed a memorandum of understanding with an Algerian state company to exploit an iron deposit in the North African country, Algerian state media reported.
The project will be carried out at Gara Djebilet iron mine, in the southern province of …
Read More
Mozambique is in the throes of an insurgency by Islamic State-linked militants who attacked the northern Mozambique town of Palma. Pictures of the attack show scenes of absolute carnage and a hectic rescue mission to save survivors who were being hunted down by insurgents [WATCH].
The attack happened …
Read More
The third event in the FIDIC Covid-19 Webinar Series 2021 took place on 30 March 2021 with an event looking at how the pandemic has affected construction disputes, how FIDIC contracts can help bring the industry together and how working flexibly can avoid costly disputes, writes FIDIC communications advisor Andy …
Read More
Government of Uganda through National Water and Sewerage Corporation (NWSC) is putting final touches on a new water treatment plant in Katosi, Mukono district. Works on the 240 million litres per day water production plant are near completion with 95% of project works completed. The new plant will serve over …
Read More
The construction of an Integrated Security Command Centre for Konza Technopolis has officially begun. The ultra-modern Centre will form the welcome and entrance part of the technology hub, and will feature a police station, a security barrier, a fire station, and an emergency response unit. During the ground-breaking ceremony, Dr. …
Read More
The Ever Given has reportedly been partially freed from the banks of the Suez canal, raising hopes that the vital waterway could reopen and ease global shipping backlogs.
Early on Monday morning, reports emerged that the bow of the massive container ship had been dislodged from the bank of …
Read More
Tunisia’s first satellite, Challenge ONE has been successfully launched onboard Soyuz-2 rocket in the earlier hours of today from Baikonur Cosmodrome in Kazakhstan.
Challenge ONE was announced in 2019 by Tunisian aerospace and telecommunications company, TELNET after it entered an agreement with the Russian operator of commercial launches of Soyuz-2 …
Read More
FREETOWN, March 20 (Xinhua) — A Chinese-funded iron ore project in Sierra Leone on Saturday announced the commencement of its full-scale operation.
The New Tonkolili Iron Ore Project, which is invested and operated by Kingho Investment Company Limited (Kingho), a Chinese-owned private company, started operation in September last year.
The …
Read More
Government has released over $37 million to Midlands Province for the rehabilitation of roads that were destroyed by heavy rains.
Minister of State for Midlands Provincial Affairs and Devolution Senator Larry Mavima said the money will help rehabilitate the road network in the province, especially in rural areas where some …
Read More
Zimbabwe’s Minister of Finance and Economic Development, Prof. Mthuli Ncube publishes an article about his achievements and vision for Zimbabwe.
Zimbabwe has turned a corner. And whilst across the world the past year has been focused on closing – from lockdowns to closed borders – Zimbabwe continues to focus on …
Read More
President Cyril Ramaphosa writes a letter to his people explaining the root cause and his proposed solution being implemented to resolve the issue of electricity shortages in South Africa.
For more than a week now, South Africans have had to endure the disruption and inconvenience of intermittent load shedding, as …
Read More
Rabat – Morocco’s latest gas projects move the country “closer to unlocking [its] domestic gas riches,” according to Global Data, an international data analytics and consulting company.
GlobalData’s latest report, “Morocco Exploration & Production,” reveals that Morocco has almost 700 billion cubic feet of gas reserves sitting in developments. …
Read More
Tanzania will swear in Vice President Samia Suluhu Hassan, following the death of President John Magufuli.
He died on Wednesday from heart complications at a hospital in Dar es Salaam, Samia Suluhu Hassan said in an address on state television.
Mr Magufuli had not been seen in public for more
Vert Energy has been appointed by Yanmar as the official distributors in Southern Africa for Yanmar industrial engines from the 1st of January 2021
“What’s exciting for the African market is easy access to the globally respected Yanmar brand through local specialists, offering a dependable service and technical …
Read More
In the last 31/2 years, contracts worth UGX 2.15 trillion have been awarded in line with the reservation schemes, representing 26% of the contracts signed by Uganda National Roads Authority (UNRA).
Despite being a poor performance of local content engagement, new data shows a growing participation of local content …
Read More
