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Sunday, November 19, 2017
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Largest airport in Senegal opens December

Largest airport in Senegal opens December

One of the largest airport in Africa and the largest airport in Senegal is set to open in December years after construction kicked off, CNN has reported. Blaise Diagne International (AIBD) will now take over...
renewable energy sources

Renewable energy sources gain traction globally- IEA

The resurgence in oil and gas production from the United States, deep declines in the cost of renewable energy sources and growing electrification are changing the face of the global energy system and upending...
Kenya starts construction of largest dam in East Africa

Kenya starts construction of largest dam in East Africa

Kenya has started construction of what would be, upon completion, the largest dam in East Africa. Thwake dam will be constructed in the Eastern part of the country. On Wednesday, the government signed Ksh.36.9 billion...
Mauritius unveils ambitious renewable energy project

Mauritius unveils ambitious renewable energy project

Mauritius has launched an ambitious renewable energy project in what officials say is aimed at reducing fossil fuel imports and accelerate the nation’s shift to a low-carbon economy over a period of 20 years. Approximately...
Ghana begins construction of US$30m cement factory

Ghana begins construction of US$30m cement factory

Ghana has kicked off construction of a US$30m cement factory that is being financed by Iran. Completion of the cement plant is set for 2019. According to officials intimate with the project, Iran will be...
Modern terminal at Abuja airport to be opened 2018

Modern terminal at Abuja airport to be opened 2018

A new terminal being constructed at  Abuja airport- Nnamdi Azikiwe International Airport-is 80 percent complete and is slated to be opened in January 2018, Nigerian state officials have said. Construction of the terminal is being...
ARM Cement seeks strategic investor as competition hots up

ARM Cement seeks strategic investor as competition hots up

Kenya's major cement maker ARM Cement is looking for a strategic investor to provide equity capital, CEO Pradeep Paunrana has said. Speaking to news agency Reuters Mr Paunrana said that problems facing its new Tanzanian...
Irish firm CRH joins race to acquire cement maker PPC

Irish firm CRH joins race to acquire cement maker PPC

Irish building materials company CRH has made a cash bid for cement maker Pretoria Portland Cement (PPC), adding a new twist to the battle for South Africa’s largest cement maker.  PPC has a market value...
Firms lose over 5 percent of annual revenues to fraud-Deloitte

Firms lose over 5 percent of annual revenues to fraud-Deloitte

The South African economy remains mired in political uncertainty, policy shifts and a lack of any real growth. Fraud and Corruption is dominating headlines almost daily, and the thinking around managing fraud and corruption risks...
Controversy on huge Ethiopian dam deepens after futile meeting

Controversy on huge Ethiopian dam deepens after futile meeting

A meeting that started Saturday to discuss the Grand Ethiopian Dam (GERD), has failed to approve an introductory report by a consultant company on the dam's effects on the two downstream countries- Egypt and...
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