ZIMBABWE – LACK OF FUNDING STALLS POWER GENERATION PROJECTS

ZIMBABWE – LACK OF FUNDING STALLS POWER GENERATION PROJECTS

Over 30 Power generation projects stalled for the past 10 years because of lack of funding.

Power shortages in Zimbabwe had led the Government to open the power sector to private investors so as to complement the country’s integrated power generation and distribution company, ZESA holdings. Over 30 Independent Power …

Read More

SOLARNOW SECURES US$6m DEBT FACILITY

SOLARNOW SECURES US$6m DEBT FACILITY

Ugandan solar startup SolarNow, receives US$6 million debt  facility to help expand business.

SolarNow – a startup which sells solar systems to rural households and businesses in Uganda with a 24-month credit facility, have just secured a US$6 million facility from SunFunder.

The facility which is SolarNow’s second structured asset …

Read More

ANGOLA TO LAUNCH FIRST SATELLITE

ANGOLA TO LAUNCH FIRST SATELLITE

Angola to Boost Telecommunications Service with Launch of First Satellite AngoSat-1

Mr. José Carvalho da Rocha, Angloa’s ICT Minister confirmed that Angola is set to launch into the orbit its first communications satellite (AngoSat-1) by the end of the year.

The satellite on commencement of operations will provide telecommunication services …

Read More

EGYPT’S AGRICULTURAL EXPORTS GETS A BOOST

EGYPT’S AGRICULTURAL EXPORTS GETS A BOOST

Three (3) countries lifts ban on importation of agricultural products from Egypt.

Over the past year, a number of Gulf countries have banned Egyptian agricultural imports over concerns of pesticide residue. But in a statement made yesterday by the Egyptian Agriculture Ministry, Three of such Golf countries Bahrain, Kuwait and …

Read More

AFDB GETS LAND FROM ZAMBIA FOR ITS PURPOSED BUILDING

AFDB GETS LAND FROM ZAMBIA FOR ITS PURPOSED BUILDING

African Development Bank secure land for its new purposed office after Zambia’s minster of foreign affairs made land available.

Zambia’s Minister of Foreign Affairs has made land  available for African Development Bank to construct its offices in the country. The bank has help the country to achieve  its economic diversification …

Read More

UMHLANGA ARCH CONSTRUCTION KICK-OFF IN SOUTH AFRICA

UMHLANGA ARCH CONSTRUCTION KICK-OFF IN SOUTH AFRICA

Umhlanga arch building set to commence in south Africa after a successful launch.

Umhlanga Arch is a premier mixed-use and people-centred property. Its iconic sea-facing configuration, commanding unsurpassed views of KwaZulu-Natal’s coastline, is the pinnacle of urban sophistication and a symbol of this exclusive area’s enviable lifestyle.

Developer Representative of …

Read More

KENYA FIRST MATERIAL PLANT ALMOST COMPLETED

KENYA FIRST MATERIAL PLANT ALMOST COMPLETED

China Wu Yi limited set to complete Kenya first material plant that will store different item like construction hardware,ceramic tiles in march 2018.

The building is expected to be the first in the region of where various items like construction hardware, ceramic tiles, bathroom and kitchen appliances among other things …

Read More

BOSTON – FIRST US CITY TO IMPORT CHINESE SUBWAY SYSTEM

BOSTON – FIRST US CITY TO IMPORT CHINESE SUBWAY SYSTEM

Chinese train makers finally cracks US market as CRRC wins contract to supply Boston subway system with rail cars.

World’s largest and Chinese state-owned train maker, China Railway Rolling Stock Corporation (CRRC), has won a US$842m contract to supply hundreds of rail cars for the Boston subway system.

The first …

Read More

DANGOTE CEMENT CONSIDERS ISSUING EURO BONDS

DANGOTE CEMENT CONSIDERS ISSUING EURO BONDS

Dangote Cement is considering issuing Euro bonds in other to raise funds for its short term debts.

According to the Chief Financial Officer (CFO), Brian Egan, Dangote cement is considering issuing Euro bonds or a local debt issue in other to raise funds for its debt.

The company is planning …

Read More

NEW STRETCHY CEMENT IMMUNE TO EARTHQAUKES

NEW STRETCHY CEMENT IMMUNE TO EARTHQAUKES

Scientist invent new concrete material that can withstand earthquakes.

At the University of British Columbia, researchers have developed a form of concrete that is able to stretch without breaking. This property of the concrete makes it able to withstand the forces produced by earth movements.

Concrete are usually strong under …

Read More

President Preaches Patriotism Amid Anglophone Crisis In Cameroon

President Preaches Patriotism Amid Anglophone Crisis In Cameroon

Amid Anglophone Crisis In Cameroon, president still encourages patriotism

The Cameroonian president Paul Biya is urging citizens to remain patriotic irrespective of what people may think about it.

A terse statement on his official social media the 18 October 2017 on  Wednesday, “Patriotism is a virtue that some people might …

Read More

AFRICAN TRADE CENTRE TO BE CONSTRUCTED IN ZIMBABWE

AFRICAN TRADE CENTRE TO BE CONSTRUCTED IN ZIMBABWE

Africa trade centre facility to be constructed in Zimbabwe to promote Afreximbank.

The trade centre is to be constructed in Zimbabwe by the Africa Export-Import bank (Afreximbank) which will enable the centre to be transformed into an iconic business complexes with integrated one-stop trade services shop that will help in …

Read More

A RESTAURANT WITH NO WORKERS

A RESTAURANT WITH NO WORKERS

Can you imagine eating in a restaurant without physically seeing any staff ?

Now that’s hilarious but Guess What! there are more than 300 restaurants  in Japan ”the land of rising sun” where you can do that.

These restaurants use a noiseless and vibration free conveying belt system that can …

Read More

MOROCCO SETS UP ECONOMIC ZONE TO BOOST COOPERATION WITH CHINA

MOROCCO SETS UP ECONOMIC ZONE TO BOOST COOPERATION WITH CHINA

Morocco seeks to build strong economic relationship with China.

An economic zone has been set up in the Moroccan northern city, Fez. The economic zone is aimed at building bilateral relationship and cooperation between industries in Morocco and China.

Fes-Meknes Regional Investment Center have signed a deal with China Industrial …

Read More
1 94 95 96 97 98 107