Total survives censure in suit challenging EACOP oil project
A case filed in France challenging the construction of East African Crude Oil Pipeline (EACOP) has been dismissed.
Six Ugandan and French civil society organisations (CSOs) filed a case in 2019 seeking a court order...
Trans-Sahara Highway: Niger section almost complete
The Trans-Sahara Highway, linking West Africa to North Africa from Lagos to Algiers, has entered its final construction phase.
The 9,400-kilometer road is critical to establishing the African Continental Free Trade Area.
The African Development Fund,...
Norrsken Kigali House boosts Kigali prospects
East Africa is home to three of the world’s fastest-growing economies - Ethiopia, Rwanda, and Tanzania - but faces challenges in attracting the foreign investment needed to accelerate the growth of small and growing...
South Africa plans bail out for utility firm Eskom as Load shedding soars
South Africa’s minister of finance Enoch Godongwana has identified electricity crisis as the biggest economic constraint the country faces.
Speaking while presenting the 2023 financial budget, Mr Godongwana observed that record levels of load shedding...
A look at Kenya’s real estate market in 2022
The Kenyan real estate industry recorded a bounce back after two years of a sharp drop during the COVID-19 pandemic, a report by Architectural Association of Kenya has shown.
During this period, said the...
Globeleq appoints contractor for geothermal project in Kenya
Globeleq, the leading private power company in Africa, has executed an engineering, procurement and construction (EPC) contract and a long-term service agreement (LTSA) with Toyota Tsusho Corporation (TTC) for the 35MW Menengai geothermal project...
Affordable housing boost for Africa
Pan-African housing development financier Shelter Afrique is working on an affordable housing partnership deal with Actis - a global private equity investment firm and India’s real estate giant shapoorji-Pallonji.
Speaking when he met Actis and...
Lobito Corridor Transit Transport Facilitation Agency agreement
Angola, Democratic Republic of Congo and Zambia, member countries of Southern African Development Community (SADC), have signed the Lobito Corridor Transit Transport Facilitation Agency (LCTTFA).
The LCTTFA Agreement aims to provide an effective and efficient...
Dakar Financing Summit: $160 billion worth of infrastructure projects for Africa
The 2nd Dakar Financing summit for Africa's Infrastructure Development recently opened in the Senegalese capital with 69 infrastructure projects worth $160 billion on showcase.
African heads of government, the African Development Bank, development finance institutions,...
Sub-Saharan Africa’s rising debt levels cloud construction growth in 2023
Construction output in Sub-Saharan Africa grew by an estimated 1.7% in 2022, compared to a growth of 3.2% registered in 2021.
The industry is forecast to record growth of 3.2% in 2023, however, significant...
