Sokoto government to use solar power for rural electrification.
At a News conference in Sokoto , the special adviser to Governor Aminu Tambuwal on Public Private Partnership (PPP), Alhaji Bashir Gidado, disclosed that the state government have started the process of connecting rural households to solar power. This move is … Read More
Bagamoyo port construction in good progress but the country miss out on ownership after falling short of the required fund as per the contract signed with China and Oman.
The Bagamoyo Port is a proposed port to be constructed in Bagamoyo, Tanzania. The port which is the largest government infrastructure … Read More
SOREDON have emerged to support Nigerian government at all levels in tackling its huge housing shortfall.
The Society of Real Estate Developers of Nigeria (SOREDON) have pledged to support Nigerian government in tackling the prevailing housing deficit (valued at 17 million units) in the country by planning to construct and … Read More
Karsan Ramji and Sons company suspends construction of its US $4m mini-cement plant due to the country political tension.
Kenya election is currently making wave around the continent of Africa for the wrong reason and it has gradual starting to affect the construction industry and different sectors in the country.… Read More
Communities gain from the completed Kapeeka Water Supply project in Uganda.
The Kapeeka Water Supply project in Uganda worth about US$3.24m have just been completed. The project which was carried out by The National Water and Sewerage Corporation (NWSC) to benefit five sub-counties and Town Councils in both Nakaseke and … Read More
Good Progress reported on the construction of longest tunnel in North Africa.
China Railway Construction Corporation Limited (CRCC) which is working on Algeria’s Gantas railway tunnel – the longest railway tunnel in North Africa, has officially announced the successful cutting through of the tunnel.
The Chinese firm said that this … Read More
Nigeria not partisan to the idea of a shared currency among West African Nations
The Economic Community of West African States (ECOWAS) is currently in talks about a shared instrument. This was recently confirmed, when the Chairman of ECOWAS and also Togolese President, Faure Gnassingbe stated that “our region needs … Read More
Nigeria moves up in World Bank Business ranking
According to World Bank 2018 reports, it has been confirmed that Nigeria have moved from 169th to 145th in the world’s ease of doing business ranking.
Other countries who also improved their business environment through numerous reforms includes; El Salvador, India, Malawi, … Read More
Petrol prices will increase in South Africa by Next Month
The South African Department of Energy have announced that petrol price will increase by 4 cents per liter in November, Also increasing will be Diesel (0.05% sulphur) by 23 cents per litre and Diesel (0.005% sulphur) by 27 cents per … Read More
Chad have officially begun work on two energy projects which it had planned for, 44 years ago.
The Republic of Chad has began work on two(2) energy projects it believes would boost the country’s economy. The foundation of the twin plants was laid on 28th Oct 2017 by the country’s … Read More
Nigeria Employs Israeli Security Firm to Police its waterways.
The Federal Government of Nigeria in a bid to check and tackle the rising rate of crime and piracy along its territorial waters has concluded plans to employ the services of an Israeli firm for the security of its waterways.
The … Read More
Russia and Nigeria signed agreement to build a nuclear plant and research centre in the country.
Rosatom State Atomic Energy Corporation is a state corporation in Russia, which is the regulatory body of the Russian nuclear complex has signed an agreement with Nigeria on the construction and operation of a … Read More
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 … Read More
Projekta 2017 get positive assessment after different construction industries showcased their project with a turn-out of over 100 exhibitors.
Projekta is now the largest sector platform in establishing contacts and promoting products and services in the areas of Construction, Public Works, Urbanism and Architecture in Angola.
During the weekend, the … Read More
Barrick Gold Corporation announces US$11m loss due to Goodwill payoff agreement with Tanzania.
The world’s largest mining company Barrick Gold Corporation has reported that it lost US$11m in the third quarter due to an increase of a tax provision related to a goodwill payoff of US$300m, the company agreed with … Read More
China forgives part of Mozambique’s debt
During a ceremony in Maputo, where Mozambique’s Deputy Foreign Minister Nyeleti Mondlane and the Chinese ambassador, Su Jian, signed various economic and technical cooperation agreements, it was announced that the interest on Chinese loans that should have been paid by the end of this … Read More
Turkey seeks to increase its trading volume with Ghana to a billion dollars by 2020
Ghana-Turkey became Sub-Saharan Africa’s 3rd largest trading partner in 2016 with a trading volume of US$480 million, but the Ambassador of Turkey to Ghana, Nesrin Bayazit, has said that she is targeting to increase this … Read More
International Finance Corporation partners with nine international banks to build Benban solar park which will be the largest solar park in the world.
International Finance Corporation (IFC) which is a member of the World bank has announced plans to construct 13 solar power plant in Aswan, Egypt. The project which … Read More
Ghana urges Nigeria to reduce sulphur content in its fuel
The institution responsible for petroleum regulation in Nigeria have been asked by its counterpart, the Ghana National Petroleum Authority (NPA) to take measures in reducing the sulphur content in its diesel fuel to about 50parts per million(ppm).
Currently Nigeria is … Read More
Africa to get improved Telecommunication and Internet service through the IOX Fiber Optic Submarine Cable System.
A Mauritius-based fiber optic cable company, IOX Cable Limited, and Alcatel Submarine Networks (ASN), a telecommunications firm, have commenced survey for an 8,850 kilometers Undersea IOX Cable System which is intended to be the … Read More