NDULI AIRPORT CONSTRUCTION SET TO KICK-OFF IN TANZANIA

NDULI AIRPORT CONSTRUCTION SET TO KICK-OFF IN TANZANIA

Construction of Nduli Airport set to kick-off in Tanzania that will boost the economic of the nation The construction of Nduli airport is set to kick-off after completion of feasibility study. Meanwhile the Tanzania government has set aside funds to kick start the construction of the Airport. Deputy Minister of Works, Transport and Communications, Joseph Kwandikwa said “The airport project is yet to kick start. He also said that the reason is because it need a warrant…

Read More

CONSTRUCTION KICKS OFF ON NIGERIA’S LONGEST CONCRETE ROAD PROJECT

CONSTRUCTION KICKS OFF ON NIGERIA’S LONGEST CONCRETE ROAD PROJECT

AG-Dangote Construction Company Limited starts construction of Nigeria’s longest concrete road. The construction of Nigeria’s longest rigid pavement on the Obajana-Kabba road project in Kogi State have kicked off. AG-Dangote Construction Company Limited is handling this construction. The Managing Director of AG-Dangote Construction Company, Ashif Juma said, the project will be complete in due time. The 44km Obajana- Kabba road which will link the North and the South of Nigeria is the longest concrete road project in Nigeria. Currently, 33…

Read More

NIGERIA TO START ELECTRICITY TRADING WITH NEIGHBOURS

NIGERIA TO START ELECTRICITY TRADING WITH NEIGHBOURS

Nigeria will begin trading electricity with other West African countries by June this year. The regulatory body for electricity trade in West Africa, ECOWAS Regional Electricity Regulatory Authority (ERERA) in conjunction with West African Power Pool (WAPP) is hoping to launch the regional electricity market by June. Therefore, there will be synchronization of all the electricity across the sub region.  So from Nigeria to Cote D’Ivoire, will be on the same power frequency. Under this arrangement, Nigeria will be…

Read More

TRAVEL BAN ON CHAD HAS BEEN LIFTED BY TRUMP

TRAVEL BAN ON CHAD HAS BEEN LIFTED BY TRUMP

U.S. government lifted the travel ban on Chad due to her improvement security strategies The U.S. government lifted the travel ban on citizens of Chad. The ban which has lasted for six months lifted due to the increased standards of Chad’s security measures. The ban in September was as a result of terrorists entering U.S. from Chad. Seven  other countries, Iran, Libya, Syria, Yemen, Somalia, North Korea and Venezuela, are still subject to the travel…

Read More

AVESORO HITS MILESTONE PRODUCTION IN LIBERIA AND BURKINA FASO

AVESORO HITS MILESTONE PRODUCTION IN LIBERIA AND BURKINA FASO

Avesoro have hit a major gold mining achievement in Liberia and Burkina Faso. Avesoro Resources Inc, a West African-focused gold producer have in Quarter 1 of this year achieve a landmark production at its New Liberty gold mine, in Liberia, and its Youga and Balogo gold mines, in Burkina Faso. The company produced 68,088 oz of gold at the end of March. Out of which New Liberty produced 27,870 oz while Youga and Balogo on the other hand, produced 40,218 oz. These production are in…

Read More

BOC GAS IN SEARCH FOR A NEW HEAD TO AID ITS POOR SALES

BOC GAS IN SEARCH FOR A NEW HEAD TO AID ITS POOR SALES

BOC GAS former MD Millicent O. quits her office due to the company’s recent poor performance. BOC Gas one month after her former managing director gave notice to quit, is looking for a new head. The industrial gas manufacturers is going through bad times in terms of sales due to competition from imports. Millicent Onyonyi, former MD of BOC will leave the office by the end of this month. Hence, Hawkins Associates will assist in…

Read More

AFREXIMBANK TO FUND AVIATION IN AFRICA

AFREXIMBANK TO FUND AVIATION IN AFRICA

Pan-African bank Afreximbank set aside US$20bn to support Aviation in Africa African Export-Import Bank (Afreximbank) yesterday unveiled a special credit facility for airlines and governments seeking funds to buy Russian-made commercial aircraft. Global head of client relations for the bank, Rene Awambeng said it struck a deal with Russian Export Sector (REC). The deal is to help fund African-based operators to make the purchases. Afreximbank have provided US$20bn to support African airlines including national flag carrier Kenya Airways. The…

Read More

NIGERIA AWARDS US$3.4m CONTRACT FOR CONSTRUCTION AND REHABILITATION OF ROADS

NIGERIA AWARDS US$3.4m CONTRACT FOR CONSTRUCTION AND REHABILITATION OF ROADS

Enugu State have awarded new road construction and rehabilitation projects worth US$3.4m (₦1.2bn). The state commissioner for works and Infrastructure, Engr. Greg Nnaji, said Enugu State government has awarded US$3.4m worth of contracts for the construction and rehabilitation of roads. These roads are in both the rural and urban areas of the state. The Government have remain unfailing with contracts execution duration and funds payments. Engr. Nnaji, therefore urges all contractors to commit and complete their projects in due time…

Read More

TANZANIA RE-ADVERTISE TENDER FOR KIGOMA PORT UPGRADE

TANZANIA RE-ADVERTISE TENDER FOR KIGOMA PORT UPGRADE

Tanzania government re-advertise tender for upgrading Kigoma port. Tanzanian government have re-advertised the tender for upgrading Kigoma Port to a port of destination (CIF Kigoma). The reason for the re-advertisement is to get a successful bidder who will conduct a feasibility study and detailed design as well as Environmental Impact Assessment (EIA). As the initial tender did not have any person showing interest. According to Atashasta Nditiye. Deputy Minister of Works, Transport and Communications, 21 companies have already…

Read More

MEGA HOUSING CONSTRUCTION LAUNCH IN MALI

MEGA HOUSING CONSTRUCTION LAUNCH IN MALI

Construction of 50000 housing unit set to kick-off in 10 different cities in mali. Mali is set to undergo a major mega housing construction project in different cities in the country. The plan for the project is to construct 50,000 housing units in major cities in the country. The cities include Kayes, Koulikoro, Bamako, Sikasso, Segou, Timbuktu, Gao, Kidal, Menaka, and also Taoudenn. The construction of the housing plan has received a major boost after Abu Dhabi…

Read More

SOUTH AFRICA SIGNS DEAL TO PRODUCE MORE ELECTRICITY

SOUTH AFRICA SIGNS DEAL TO PRODUCE MORE ELECTRICITY

South Africa to generate more energy with US$4.6bn IPP deal Minister of Energy in South Africa, Jeff Radebe have signed a US$4.6bn contract with 27 independent renewable energy power producers. This contract is to enable the generation of additional 2300 MW of electricity over the next five(5) years. This agreement have had so much delays including a last-minute court challenge. So it is indeed a milestone following a long period of uncertainty. According to the minister the new 27 projects is…

Read More

SEYCHELLES TO INSTALL FIRST FLOATING SOLAR PV PLANT IN AFRICA

SEYCHELLES TO INSTALL FIRST FLOATING SOLAR PV PLANT IN AFRICA

Tender process in place for the construction of Africa’s first floating solar pv plant in Seychelles. The construction of Africa first floating solar pv plant is set to kick-off after tender plans was launch. The floating solar pv plant will help grow the country economic. It will also be the first salt-water floating solar PV plant in the world. The tender stage was launch on april 26 of this year. Meanwhile qualified bidders will develop, finance, own…

Read More

Sappi to construct a new renewable energy plant in SA

Sappi to construct a new renewable energy plant in SA

Sappi facilitates SA’s renewable energy programme Sappi and the Department of Energy agreed to build a renewable energy plant at its mill in Mpumalanga. The fund for this project is a collective effort from Sappi, KC Africa and African Rainbow Energy and Power. A total of R1.8bn on a 25MW biomass energy unit at the company’s Ngodwana mill. Hence, 30% of the stake in the facility goes to them, in return they would contribute to the…

Read More

STEEL PRODUCTION PLANT UNDER CONSTRUCTION IN LIBERIA

STEEL PRODUCTION PLANT UNDER CONSTRUCTION IN LIBERIA

Steel Production Plant construction set to provide job opportunities especially to Montserrado County Electoral District 12 in liberia. The steel production plant currently undergoing in Liberia is set to provide job opportunities for some of the residents. The plant is being construct by Chinese construction company Qinggle. Over 1000 liberians, particularly those residing in Montserrado County Electoral District 12 are to benefit from the project. The mass production of steel rods will eventually reduce price of the commodity on the…

Read More

FORENSIC PATHOLOGY FACILITY CONSTRUCTION KICK-OFF IN SOUTH AFRICA

FORENSIC PATHOLOGY FACILITY CONSTRUCTION KICK-OFF IN SOUTH AFRICA

Construction of a forensic pathology facility with a level 4 forensic service kick-off in South Africa. The construction of a forensic facility has kick-off in Western cape town, south Africa. The facility will Meanwhile help substitute for the only Forensic Pathology Services Laboratory, in Salt River. The cost of constructing the project is worth US$ 23m and will be complete in mid-2019. Department of Transport and Public Works is heading the project which will include 26 autopsy tables, four…

Read More

LEKOIL sues Ministry of Petroleum Resources

LEKOIL sues Ministry of Petroleum Resources

LEKOIL sues government over its ignorance to grant consent for its investment LEKOIL limited sues the government’s  over failure to grant consent for LEKOIL’s investment in Oil Prospecting Lease (OPL). They have also not received consent form the Ministry for acquisition of the additional 22.86% interest in OPL 310. Also the Ministry has not explained why the consent has not been forthcoming. OPL 310 is an offshore license which includes the potentially large Ogo oil…

Read More

MOROCCO: 2017 TOP INVESTMENT DESTINATION IN AFRICA

MOROCCO: 2017 TOP INVESTMENT DESTINATION IN AFRICA

Morocco ranks number one in 2017 top investment destination in Africa According to Quantum Global Research Lab’s latest Africa Investment Index 2018 (AII), Morocco is the most attractive economy for investments in Africa. Morocco ranks first based on its increasing economic growth, strategic geographic positioning, increased foreign direct investment, external debt levels, social capital factors and overall favourable business environment. Morocco has consistently attract inward flow of foreign capital, specifically in banking, tourism and energy sectors and also…

Read More

OANDO PLC COMMISSION NEW OFFICE BUILDING IN NIGERIA

OANDO PLC COMMISSION NEW OFFICE BUILDING IN NIGERIA

Oando plc commission new two 12-storey towers buiding in nigeria Oando plc which is Africa’s leading indigenous energy company operating in the upstream, midstream and downstream has open a new office. The new two 12-storey towers will contain 27 000 m2 of lettable office space. It will also have a three-level car park, four high-speed 12-person passenger lifts per tower retail space and a waterfront. State and Petroleum Minister, Mr. Ibe Kachickwu said the complex will regulates its…

Read More

KENYA GOVERNMENT TO GIVE FUNDS TO COUNTIES FOR DEVELOPMENT

KENYA GOVERNMENT TO GIVE FUNDS TO COUNTIES FOR DEVELOPMENT

Kenya government set to release funds for counties to develop their various areas. The Kenya government has given the sum of Sh2 billion to counties in the country. The aim of the fund will be use for building, equipping and renovating polytechnics in the area. It will also support county governments in equipping technical and vocational centres.The support will also capture student fees. According to the Division of Revenue Bill, the additional conditional allocation implemented by the…

Read More

MOZAMBIQUE SET TO CONSTRUCT ANOTHER AIRPORT IN GAZA

MOZAMBIQUE SET TO CONSTRUCT ANOTHER AIRPORT IN GAZA

Mozambique set to construct another airport that will help increase the charter flight in gaza. The construction of the airport which will be in the southern province of Gaza. According to  the President, the technicians have already made the measurements and tested the soil. Tenders for the project has already been launch in china and the company that wins the tender will begin the construction works this year. The Airport will be construct in Chonguene which is a few miles…

Read More
1 156 157 158 159 160 183