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Friday, November 17, 2017
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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...
Ghana mulls National Building Code to check construction industry

Ghana mulls National Building Code to check construction industry

Ghana plans to come up with a national building code to regulate the construction industry,  Prof. Alex Dodoo Director-General of Ghana Standards Authority(GSA) has said. The code will provide construction professionals, developers and investors with...
AfDB revitalizes affordable housing in Zambia

AfDB revitalizes affordable housing in Zambia

The Zambia National Building Society (ZNBS) has received US$ 25 million from the African Development Bank Group (AfDB) aimed at enhancing affordable housing in Zambia. A statement from AfDB sad that the loan is aimed...
Nigeria signs agreement for Mambilla hydropower Plant

Nigeria signs agreement for Mambilla hydropower Plant

Nigeria has signed an agreement with a consortium of three Chinese companies to construct Mambilla hydropower Plant that upon completion will generate 3,050 megawatts of power. The firms include China Gezhouba Group Corporation (CGGC), Sinohydro...
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