GHANA PLANS CONSTRUCT NEW AIRPORT IN THE WESTERN REGION.

GHANA PLANS CONSTRUCT NEW AIRPORT IN THE WESTERN REGION.

The new modern airport is to meet the needs of the region and encourage it’s fast going economy.

The Ministry of Aviation is requesting 3,000 acres of land for the construction of the new modern airport. The new airport will receive larger planes and serve the oil and gas community …

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GHANA KICK STARTS CONSTRUCTION OF ANOMABE SEA DEFENSE WALL.

GHANA KICK STARTS CONSTRUCTION OF ANOMABE SEA DEFENSE WALL.

Q3 company limited to construct the Anomabe sea wall defense in four years.

The construction of the 5 kilometer defense wall to prevent the destruction around the coastal areas of Anomabe. The sea has destroyed several houses in Mfantseman district with other countries at risk.

Q3 company limited a Ghanaian …

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LOW-COST HOUSING COOPERATION PROSPECTS FOR TUNISIA AND CAMEROON

LOW-COST HOUSING COOPERATION PROSPECTS FOR TUNISIA AND CAMEROON

Cameroon sets to progress in it’s low-cost housing sector in partnership with Tunisia.

Tunisia’s Minister of Equipment, Housing and Regional Planning Noureddine Selmi is leading a representative officials and investors of public and private sectors that showed conscience in strengthen Cameroon low-cost housing project. After the discussion between Chief Dr …

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RESIDENTS REACTS TO THE SIX YEARS STALL FOR THE CONSTRUCTION OF CHUKA-KAARENI ROAD

RESIDENTS REACTS TO THE SIX YEARS STALL FOR THE CONSTRUCTION OF CHUKA-KAARENI ROAD

Kenya’s Chuka-Kaareni road has caused lots of accidents and claimed lives of the residents due to it’s bad condition.

Tharaka-Nithi residents have patiently waited for the completion of the six years old 28 kilometer road. For the last six years they have paved only six kilometers of road from Chuka …

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CONSTRUCTION OF PWALUGU MULTIPURPOSE DAM

CONSTRUCTION OF PWALUGU MULTIPURPOSE DAM

Ghana to commence the Pwalugu Multipurpose Dam in November.

The meeting between the Vise President Dr. Mahamudu Bawumia, the Minister of Finance, Volta River Authority and the Ghana Infrastructural Development Fund is successful as the dam construction will being in November. The multipurpose dam will be at the Eastern region …

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DUALISATION OF THE HARARE-CHIRUNDU HIGHWAY WILL BOAST MASHONALAND WEST.

DUALISATION OF THE HARARE-CHIRUNDU HIGHWAY WILL BOAST MASHONALAND WEST.

Zimbabwe kicks off the first project (Harare-Chirundu highway) to achieve the middle income economy vision.

The first 6.5km of the 21km road from Makuti-Chirundu linking the Zimbabwe to Sadc, Comesa and East African states is presently ongoing. The project commissioned by President Mnangagwa will be financed by the US$21 million …

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AKER ENERGY BAGS U.S $100M FOR DEVELOPMENT OF TANO OIL PROJECT.

AKER ENERGY BAGS U.S $100M FOR DEVELOPMENT OF TANO OIL PROJECT.

Aker Energy to invest in crude oil and natural gas production in Ghana.

Aker Energy) has secure US$100 million to invest in crude oil and natural gas production; from Ghana’s Deepwater Tano Cape Three Points (DWTCTP) block.

African Finance Corporation (AFC) the lender of the US$100m fund has vowed it’s …

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NIGERIAN’S ENERGO TO REHABILITATE UGANDA’S JINJA HIGHWAY.

NIGERIAN’S ENERGO TO REHABILITATE UGANDA’S JINJA HIGHWAY.

The US$3.6m rehabilitation from Spares Motors junction to Mukono Municipality will run for 9 months.

The repair of the 3.5km Jinja highway will silent the public’s incessant complains about potholes and excessive water logs on the road. Hence, the Uganda National Roads Authority (UNRA) has been cleared by the traffic …

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ZIMBABWE: CONSTRUCTION SENGWA THERMAL STATION WILL KICK OFF SOON

ZIMBABWE: CONSTRUCTION SENGWA THERMAL STATION WILL KICK OFF SOON

Is investing US$1.5bn for the construction of a 2,800MW thermal plant in Sengwa, Zimbabwe worth it?

Rio Zim, a mining company in Zimbabwe; has achieved another milestone by signing a Power Purchase Agreement (PPA) with Power China to construct the Sengwa thermal plant. Power China in November 2018 signed a …

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SOUTH AFRICA KICKS OFF THE CONSTRUCTION OF WESLEY CISKEI WIND POWER PLANT

SOUTH AFRICA KICKS OFF THE CONSTRUCTION OF WESLEY CISKEI WIND POWER PLANT

The Wesley Ciskei wind farm will provide 34.5 MW to the network of South African public company of Eskom.

The new Wesley Ciskei wind farm will be constructed by Vestas Wind System near the town of Paddie. The project was handed to them by EDF Renewables ( Électricité de France)

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TANZANIA MINISTER HAPPY WITH CONSTRUCTION PACE OF OFFICES BUILDING

TANZANIA MINISTER HAPPY WITH CONSTRUCTION PACE OF OFFICES BUILDING

Minister happy with progress of office building construction as part of plans to relocate to the state capital in Dodoma.

Construction of water and irrigation ministry office is moving at a steady pace according to the minister. During his visit, the minister express his excitement about the pace of the …

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GHANA MAINTAINS POLICY RATE

GHANA MAINTAINS POLICY RATE

Bank of Ghana maintains policy rate at 20%

After the conclusion of the Monetary Policy Committee (MPC) meeting held yesterday (January 22, 2018) by Bank of Ghana, it was announced that Ghana’s central bank would maintain its policy rate of 20%.

The Central Bank Governor, Dr Ernest Addison explained that …

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MONETARY POLICY COMMITTEE MEETS TO REVIEW GHANA’S ECONOMY

MONETARY POLICY COMMITTEE MEETS TO REVIEW GHANA’S ECONOMY

Quarterly meeting held by Ghana’s Central Bank’s Committee on Monetary Policies to review the country’s economy.

Bank of Ghana committee on monetary policies met on the 19th of January 2018 for its quarterly meetings to review Ghana’s economy. The meeting which is the first for this year will be concluded …

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GERMANY PROVIDES US$27m FOR ENERGY ISSUES IN NIGERIA

GERMANY PROVIDES US$27m FOR ENERGY ISSUES IN NIGERIA

Nigeria to get US$27m from Germany to tackle energy issues.

According to German Ambassador to Nigeria, Bernhard Schlagheck, The German government has provided a total of US $ 27m to Nigeria, to address energy and climate change issues in the country.

The sponsorship which is termed Nigerian Energy Support Programme …

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MOROCCO AWARDS CONSTRUCTION OF PUMPED STORAGE HYDROELECTRIC PLANT

MOROCCO AWARDS CONSTRUCTION OF PUMPED STORAGE HYDROELECTRIC PLANT

VINCI Construction company to build pumped storage hydroelectric plant in Morocco.

The Moroccan government has awarded the contract to construct a US$346m pumped storage hydroelectric plant (PSP), near Agadir to a French-based company VINCI Construction company.

The project which is part of the development and integration plan for renewable energies, …

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UPGRADE OF SOUTH AFRICA’S SOWETO BRIDGE COMMENCES

UPGRADE OF SOUTH AFRICA’S SOWETO BRIDGE  COMMENCES

Owing to the over-topping during heavy rainfall, the Johannesburg Roads Agency (JRA) have kicked off reconstruction work on the soweto bridge over Klipspruit river, in Soweto.

According to statement by JRA, the bridge in Klipspruit West is known to bring traffic to a halt during heavy downpours, rendering it unsafe …

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GHANA CARGO TRAFFIC REACHES 21m METRIC TONNES

GHANA CARGO TRAFFIC REACHES 21m METRIC TONNES

Ghana records positive increase in its cargo traffic.

Reports from Ghana Ports and Harbours Authority (GPHA) revealed that a total of 21million metric tonnes of cargo was handled in 2017, which exceeded the set target of 20million metric tonnes, a 2million metric tonnes increase over the 19million metric tonnes recorded …

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NIGERIA MAKES N150bn FROM PADDY RICE PRODUCTION

NIGERIA MAKES N150bn FROM PADDY RICE PRODUCTION

Paddy rice production increases from 5m tonnes to 17m tonnes in 2 years.

The Minister of Agriculture and Rural Development,  Chief Audu Ogbeh in a meeting with the governor of Plateau state Gov. Simon Lalong, said that “the production of rice paddy improved from 5 million to 17 million tonnes …

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SAMSUNG: TAX INCENTIVES PREREQUISITE FOR NAIROBI ASSEMBLY PLANT

SAMSUNG: TAX INCENTIVES PREREQUISITE FOR NAIROBI ASSEMBLY PLANT

Tax incentives needed as prerequisite for setting up Samsung assembly plant in Kenya

Korean electronics firm Samsung, has requested for tax concessions and safeguards against counterfeit imports as a prerequisite for opening its assembly plant in Kenya.

The president Samsung electronics Africa, Sung Yoon on Monday said state incentives in …

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AfDB REWARDS NIGERIA AS LARGEST REGIONAL SHAREHOLDER

AfDB REWARDS NIGERIA AS LARGEST REGIONAL SHAREHOLDER

AfDB sets up state-of-the-art ‎office complex, to consolidate Nigeria as largest regional shareholder.

According to the communications department of the ‎African Development Bank (AfDB), the bank‎ has rewarded Nigeria as the bank’s largest regional shareholder by setting up a state-of-the-art ‎office complex, which will be commissioned by President Muhammadu Buhari …

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