Ncondezi signs land use agreement for Tete solar project in Mozambique
African power development company Ncondezi Energy Ltd (LON:NCCL) says it has received an updated land use agreement from the Mozambique government concerning its project in Tete.
The power development company said the Direito do Uso...
Africa CDC headquarters being constructed in Ethiopia nears completion
Construction of Africa Centers for Disease Control and Prevention headquarters in Ethiopian capital Addis Ababa is nearing completion.
Construction work on the project started in late 2020.
Located in the African Village, south of Addis Ababa,...
In South Africa, Voltalia builds the Bolobedu solar power plant
International player in renewable energies, is launching the first works for a 148-megawatt solar power plant, Bolobedu solar power just two months after signing the CPPA with Richards Bay Minerals (RBM)
In October 20221, Voltalia...
Tunisia: African Development Bank Group Board approves $27 million and €10 million loans for...
The Board of Directors of the African Development Bank Group has approved a $27 million and €10 million loan package to co-finance the construction of a 100-megawatt Solar power plant in Kairouan, Tunisia.
The Board...
AfDB boosts construction of Dakar-Tivaouane-Saint Louis highway
The Board of Directors of the African Development Bank, has approved a loan of €166.36 million to Senegal for construction of the Dakar-Tivaouane-Saint Louis highway, which will enhance access to the north of the...
South Africa’s building confidence edges lower in 4Q2022
Sentiment in the building construction sector, as measured by the FNB/BER Building Confidence Index, slipped to 33 in 4Q2022, from 34 in 3Q2022.
This means that the index has been broadly stable – at a...
Accelerating energy infrastructure development in Africa
By 2050, it’s expected that Africa will be home to 2 billion people. To secure the necessary socio-economic development of such a large population, the focus of the next few decades must be infrastructural...
SA cement and concrete industry facing myriad of challenges
The entire South African cement and concrete industry is threatened by multiple challenges of economic decline, the crisis in the construction industry, cheap imports and environment-related issues, Industry body Cement & Concrete South Africa...
Hyundai says South Africa headoffice, dealerships running on solar
Automotive giant Hyundai says its head office in Bedfordview and dealerships across Gauteng now run on solar power a move it hopes will help the company tackle load shedding.
At the head office, more than...
Sanral defends move to award tender to Chinese JV after backlash
South African National Roads Agency SOC Limited (Sanral) is under fire after its decision to award tenders to joint ventures led by foreign companies.
Four of the five tenders, that were cancelled in June 2022,...
