Luthuli Avenue set for revamp as part of Nairobi county decongestion plans.
Kenya Government is set to implement their decongestion plans. According to Nairobi county, it will enable vehicle has easy access to leave the town. This will be made possible with the revamping of Luthuli avenue into a one-way … Read More
Master plan for New Kigali city to be unveiled in August
Plans are set in motion for the unveiling of a new Kigali city. The project is expected to lay out the city’s development roadmap for the next 30 years.
The plan which is part of Rwanda 2050 vision was … Read More
Quantel announced plans to pump 50mw under the Bwengu Solar Park Project for Malawi electricity grid
Quantel Renewable Energy is making plans to pump 50mw into Malawi electricity grid. This project was announced during the signing of 14 power purchase agreement (PPA) deal that involves different energy company.
Quantel CEO … Read More
Dredging work inspection been carried-out by Ghana President Nana Addo Dankwa Akufo-Addo
Ghana President Nana Addo Dankwa Akufo-Addo was on site to inspect dredging work at odaw river. The project which kick-off in 2016 was aim at allowing the free flow of stormwater. This is after it has claimed so … Read More
President Sisi Plans for Energy sector expansion after meeting with Noble Energy CEO
Egypt President Abdel Fattah el-Sisi has meet with delegates from Noble Energy for the expansion of the Energy sector. The meeting had in attendance Noble Energy CEO and Minister of petroleum.
During the meet, President Fattah el-Sisi … Read More
Rwanda Govt. to recapitalize the institution over a three year period worth Rwf 23 billion.
Rwanda Government has unveiled a massive plans for the recapitalisation of Development Bank of Rwanda (BRD). The aim is to increase lender’s ability to fund the country’s ambitious development programme. This will help sustain financing … Read More
President Peter Mutharika plans more community technical college construction after Kasama unveiling.
Malawi President Peter Mutharika has open the Kasama Community Technical College in Chitipa. The college is aim at developing skill labours that can help growth the nation economy.
Speaking during the opening ceremony of the state of the … Read More
Ganta city Authority plans to build a multipurpose city hall that will be an event centre for families.
Plans are in motion after the ground breaking ceremony for the construction of a multipurpose city hall at Ganta city. The Hall which is worth US$500,000 will contain offices, guest rooms, conference … Read More
Ghana VP unveils military sport complex plans
Construction of Tamale military sport complex is in motion after the SOD cutting ceremony by Ghana Vice President. During the occasion, Ghana Vice President said similar sports complexes would be constructed in all garrisons across the country.
The aim of the project is … Read More
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Germany issues grants worth 200,000 Euros to two tertiary institution in Ghana.
Ministry of Culture and Science of the North-Rhine Westphalia State in Germany has issues grant worth 200,000 Euros to Ghana. This will be use to enhance technical education in the country for two universities.
The grants will be … 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
Rwanda signs deal to extract methane gas from Lake Kivu
The Rwanda government have signed a US$400 million deal with Gasmeth Energy Ltd to extract, process, compress and also bottle methane gas from Lake Kivu. The signing of the seven years deal took place on Friday 1st February 2019 but … Read More
RMB gives report on best countries to invest in Africa for 2019
Many investors are in search of the best countries to invest in Africa; as Africa is fast rising to become a very fertile investment destination. The continent is in dire need of roads, rails, ports, airports, power grids … Read More
Construction plans for Marula Industrial Hub in Limpopo is underway.
South Africa is making plans to build a multi-million dollar hub in the heart of Limpopo. The hub will help boost processing facilities. It will have a research centre plus also have every agri-business support service. These services will help … Read More
Rwanda and Alibaba sign an electronic world trade platform (eWTP) agreement to help boost economy.
The Rwandan government and Alibaba Group, a leading international online commerce company; have signed three (3) Memoranda of Understanding (MoU) to help boost the country’s economy.
Under the agreement, Alibaba have also established an electronic … Read More
KfW development Bank supports Nigeria’s Infrastructure development with €31 million investment.
To help boost infrastructure development in Nigeria; the largest investment bank in Europe, KfW Development Bank have invested €31 million. Receiving the €31 million investment is Infrastructure Credit Guarantee Company Ltd (InfraCredit). InfraCredit is a specialised infrastructure credit enhancement … Read More
Chad to get US$125 million developmental support from World Bank
To help support developmental projects in the Chad; World Bank have announced a US$125 million support for the Central African country.
Acoording the the Bank, the support will two frameworks. The signatories for the support agreement were Chadian minister of … Read More
Nigeria and Japan sign MoU on Infrastructure Investment.
For the promotion of quality infrastructure investment between Nigeria and Japan, both countries have signed a memorandum of understanding (MoU). Representing both countries for the MoU signing in Abuja was Nigeria’s minister of transportation Rotimi Amaechi and Japan’s State Minister of Land, … Read More
China to support African development with US$60 billion
China president Xi Jinping yesterday said the Chinese government will be financing Africa with US$60 billion. He added that Chinese companies will also invest at least US$10 billion over the next three years. He made this statement at the opening ceremony of … Read More