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Total survives censure in suit challenging EACOP oil project

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

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

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...
Eskom as Load shedding soars

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 the Kenya's land and property market in 2022

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 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

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

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...
Baynes Hydropower project

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

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...

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