Construction activities has resume on the National Housing Corporation (NHC) Morocco Square commercial tower following a recent loan-scheme restructure that helps to save at least 1.12bn/- a month.
The project which is 90% complete has so far sold 80% of residential apartments and commercial spaces at its Victoria Place and … Read More
The construction of a drive-through over Chemu lagoon is set to kick-off. This was announced by Metropolitan Chief Executive of Accra Metro, Mohammed Adjei Sowah.
According to the major, the government plans to construct a permanent concrete bridge over the Chemu Lagoon to connect Ablekuma West and Ablekuma South constituencies … Read More
Rehabilitation Work to commence on Lagos-Badagry Expressway from Mazamaza to Okokomaiko this month
Lagos State Governor, Babajide Sanwo-Olu, has guarantee Lagos residents that rehabilitation work would commence on Lagos-Badagory Expressway. This will be from Mazamaza to Okokomaiko this June, 2019.
Governor Sanwo-Olu, announce this during an inspection visit to Lagos-Badagory … Read More
Expansion of Dube Trade Port Special Economic Zone (DTP SEZ) phase II in motion worth R18 billion
The Expansion of Dube Trade Port is underway in South Africa. This is after funds worth R18 billion investment was unveiled as part of the second phase for Dube Trade Port Special Economic … Read More
Peacock Aviation and Turkish Airlines agrees lowest possible air freight rates on a wide range of general and special goods in Nigeria
Nigeria Airfreight subsector is set to have a boost after top firm agreed to work together. This firm which include Peacock Aviation and Allied Services Limited will partner … Read More
MIIC held talks with Ministry of Transport to discuss ways of raising fund from financial institutions.
Egypt Ministry of Investment and International cooperation (MIIC) are negotiating with several financial institutions to raise funds. This funds which is worth US$2bn will be use for transportation project in the nation.
The announcement … Read More
Beitbridge-Harare Road rehabilitation on track in Zimbabwe
Rehabilitation process is on track for the Beitbridge-Harare Road in Zimbabwe. The project will help connect resident in Harare to different part of the nation. Meanwhile, It will be under the Central Mechanical Equipment Department (CMED).
The rehabilitation which is worth US$700 000 … Read More
President Macron tours three Africa nations in four days.
President Macron has kick-off his 4-days tour in Africa. He arrived Djibouti last night and meet with President Ismail Omar Guelleh. While in the country, Macron will also visit France’s largest military contingent based in Africa with its 1,450 troops. Macron … Read More
Govt. of Zimbabwe plans to spend US$1 billion on road projects under the Transitional Stabilisation Programme
Zimbabwe government has approve funds for different road projects in the nation. This road project is under the 2019 Road Development Programme which is part of President Mnangagwa administration plans.
The nation has been … Read More
President Al-Sisi appoints military general as new Minister of Transportation after deadly Cairo Railway Station accident.
Egypt President Abdel Fattah Al-Sisi has appointed Major General Kamel Al-Wazir as Minister of Transportation. This is after the deadly Cairo Railway Station accident that claimed 22 lives with 40 injured people.
The appointment … Read More
Exim Bank of India set to promote Zimbabwe Infrastructure.
India Exim Bank is making plans to share its infrastructure ideas with Zimbabwe. This is after the bank announced its plans to visit the nation with the aim to promote their export goods. The bank role will be to coordinate and … Read More
Kenya Dongo Kundu phase II bypass to kick-off in April of this year.
The phase II construction work of Dongo Kundu Bypass will kick-off in April. This is as confirmed by Kenya National Highways Authority Director General Peter Mundinia.
According to him, Japanese consortium Fujita Corporation/Mitsubishi Corporation is in charge … Read More
Egypt and Kenya to strengthen coordination after talk held between both nations.
Egypt’s President Abdel-Fattah Al-Sisi held talks with Delegates from Kenya over relationship coordination. The Kenyan delegates led by Foreign Affairs Cabinet Secretary, Monica Juma talked about promoting relations between the two countries.
Monica Juma during the meeting praised … Read More
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 … Read More
IFA gets fund for infrastructure development in six African nations
Investment fund Africa IFA has secure US$6 billion for infrastructure development in Africa. This IFA fund is the first phase of its drive towards infrastructure development in Africa. The deal was announced during an interview with investment fund’s chairperson and … Read More
Kenya Inflation Rate Drops
Kenya inflation rate has dropped and is already having effect on the nation’s economy. The drop in price was announced by Kenya National Bureau of Statistics. The annual inflation rate dropped from 4.7% in January to 4.14% in February 2019.
Previously, following the statistics, Kenya averaged … Read More
JICA is in talks with Egypt Ministry of Electricity to launch two new programmes.
Energy is an important aspect when it comes to infrastructural development. This is why the Japan International Cooperation Agency JICA is in talks with Egypt Electricity Ministry to launch two programs.
The talks were announced by … Read More
Egypt increase gas supply to Jordan for electricity generation to 350m cubic feet per day.
Egypt has increased its gas supply to Jordan to help generate more electricity. The daily supply to Jordan have been increased from the normal 100 m cubic feet per day to 350 m cubic feet … Read More
Egypt to benefit from Denmark’s Strategic Sector Cooperation programme to grow the energy sector.
Egypt and Denmark is planning a new Strategic Sector Cooperation programme (SSC) in Egypt. This is coming after Denmark announced the appointment of an energy adviser to work with their Danish Energy Agency (DEA).
The new … Read More
Tetu constituency in Kenya has been drinking contaminated water due to bad asbestos pipe for 49 years.
Water is essential for life, because without it we almost cannot survive. And before taking any, we must ensure that it is good for our health. But Residents of Tetu constituency in Kenya … Read More