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Absorption of office space decreased by 47% in 2020-report

Absorption of office space in Kenya decreased by 47% in 2020-report

The residential sector remained a buyers’ market in 2020, as prime residential rents declined sharply by 10.25%, compared to 2.8% in 2019, according to Knight Frank’s Kenya Market Update for the second half of...
South Africa publishes preferred bidders for 2 GW tech-neutral tender

South Africa publishes preferred bidders for 2 GW tech-neutral tender

South Africa's department of Mineral Resources and Energy has published the preferred bidders for the Risk Mitigation Independent Power Producer Procurement Programme and to provide an update on the procurement of additional power in...
Kampala-Jinja Expressway Project gets financial boost

Kampala-Jinja Expressway Project gets financial boost

The African Development Bank  and the Government of Uganda on Tuesday signed a $229.5 million financing agreement for the first phase of the Kampala-Jinja Expressway Project, which will cut travel time and boost trade...
EAIF lends €29m for construction of 30MW solar plant in Burkina Faso

EAIF lends €29m for construction of 30MW solar plant in Burkina Faso

The West African country of Burkina Faso is to get a new large-scale renewable energy plant, it was announced today, 15th March. Located some 250km south east of the nation’s capital city of Ouagadougou, near...
Study urges South Africa to tap offshore wind energy

Study urges South Africa to tap offshore wind energy resource

Offshore wind energy(OWE) could play a major role in South Africa's energy mix but its full potential is yet to be attained, a new study has shown. The study by Stellenbosch University Department of Mechanical...
Africa is only tapping into 0.01% of its wind power potential, report

Africa is only tapping into 0.01% of its wind power potential-report

According to the latest data released by GWEC Market Intelligence, the Africa and Middle East region installed 821 MW of new wind power capacity in 2020, bringing total capacity in the region to over...
Nigeria mulls construction of Largest Methanol Plant in Africa

Nigeria mulls construction of Largest Methanol Plant in Africa

Air Liquide Engineering & Construction has signed an agreement with Brass Fertilizer and Petrochemical Company Limited (BFPCL) to support the construction of what would be the largest methanol plant in Africa. As part of the...
Construction to commence on the Liberia Inland Storage Facility

Construction to commence on the Liberia Inland Storage Facility

InfraCo Africa, part of the Private Infrastructure Development Group (PIDG), and Global Logistics Services Inc (GLS) have signed an Engineering, Procurement and Construction (EPC) contract with Liberian contractor, BMC Group, to enable construction to commence on the...
Raxio Kicks Off Construction of Data Centre in Addis Ababa

Raxio Kicks Off Construction of Data Centre in Addis Ababa

The Raxio Group (“Raxio”), a premier pan-African data centre developer and operator, held a ceremony to formally kick-off the construction of the country’s first private Tier III carrier neutral colocation data centre at the...
Transnet launches application to review contracts on locomotive transaction

Transnet launches application to review contracts on locomotive transaction

Transnet and the Special Investigating Unit (“SIU”) have launched an application in the High Court of South Africa to review and set aside four contracts concluded by Transnet in 2014 with Original Equipment Manufacturers...
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