Tanzania’s Malagarasi hydropower plant gets new financial pledge
The African Development Bank Group (www.AfDB.org) and the Government of Tanzania have signed loan agreements totalling $140 million to finance the construction of the 50-megawatt Malagarasi hydropower plant in Western Tanzania.
The agreements cover a...
iColo starts construction of third data center in Kenya
iColo, a market leader in carrier-neutral data center infrastructure in Kenya has today announced the construction of its third data center in Nyali, Mombasa called MBA2.
Mombasa is the entry point for new subsea...
Newly constructed Lamu port opens for business
Newly constructed Lamu port project has officially been opened by president Uhuru Kenyatta with the target to link Kenya to South Sudan, Ethiopia and the middle belt of Africa.
Two other berths are expected to...
Nigeria’s construction industry set to recover-report
Nigeria’s construction industry declined by 7.7% in real terms in 2020, hit by both the containment measures and disruption caused by the COVID-19 pandemic.
The steep decline in oil and gas prices, which accounted for...
In Uganda, renewables are making the future brighter for many young patients
Enel Green Power's solar energy together with the humanitarian commitment of EMERGENCY at the new pediatric center in Entebbe, Uganda, an outstanding medical facility designed by an outstanding architect, Renzo Piano. Enel has donated...
South Africa’s Redefine Properties confident about future, says CEO
JSE-listed REIT, Redefine Properties, has reported a lower distributable income per share of 26.2c for the interim period to 28 February 2021, driven principally by the impact of Covid-19 on the property sector and...
Semi-detached houses maintain price momentum in Kenya
Residential sales prices in Kenya for semi-detached houses maintained their upward momentum during the first quarter of 2021 with a 0.5 percent increase, a new report has shown.
The Hass Property Index by HassConsult ...
Multimillion-dollar Kazungula bridge inaugurated
A multimillion-dollar bridge in Southern Africa has been inaugurated to enhance connectivity and boost trade in the region. The Kazungula bridge which constitute a road and rail over the Zambezi river will connect Botswana...
FLSmidth wins order for full digitalisation of three cement lines in West Africa
In a new contract signed earlier this year, Chinese construction giant CBMI Construction Co., Ltd., part of the Sinoma Group, ordered the supply and engineering of three complete control systems for two existing and one...
South Africa’s largest renewable energy project Redstone CSP set for construction
ACWA Power, a leading Saudi developer, investor and operator of power generation and water desalination plants in 13 countries and the lead shareholder in the Redstone concentrated solar power (CSP) plant, announced the commencement...
