Africa’s telecoms market is in a state of flux, and some operators are seeing huge potential. Orange, for example, is to build a $50 million headquarters in Ivory Coast, and has launched in Sierra Leone. Yet others are pulling back. Orange launched its brand in Sierra Leone after buying out Airtel,...
Africa’s telecoms market is in a state of flux, and some operators are seeing huge potential. Orange, for example, is to build a $50 million headquarters in Ivory Coast, and has launched in Sierra Leone. Yet others are pulling back. Orange launched its brand in Sierra Leone after buying out Airtel,...
Zimbabwe’s Ministry of Environment, Water and Climate is leading a US $4.5m borehole drilling project under the Command Water Harvesting Program. The program will see four boreholes drilled in each constituency. The Minister of Environment, Water and Climate Oppah Muchinguri-Kashiri said work was already underway with the Zimbabwe National Water Authority...
Zimbabwe’s Ministry of Environment, Water and Climate is leading a US $4.5m borehole drilling project under the Command Water Harvesting Program. The program will see four boreholes drilled in each constituency. The Minister of Environment, Water and Climate Oppah Muchinguri-Kashiri said work was already underway with the Zimbabwe National Water Authority...
Zimbabwean President Emmerson Mnangagwa is set to commission Kariba South power expansion project’s first unit on 24th December, 2017. The unit will feed 150MW onto the national grid. The project has been undertaken by Chinese state-owned hydro-power engineering and construction company, Sinohydro. It began in September 2014, as part of Zim-Asset,...
Zimbabwean President Emmerson Mnangagwa is set to commission Kariba South power expansion project’s first unit on 24th December, 2017. The unit will feed 150MW onto the national grid. The project has been undertaken by Chinese state-owned hydro-power engineering and construction company, Sinohydro. It began in September 2014, as part of Zim-Asset,...
The World has announced that it will no longer finance upstream oil and gas after 2019. This was contained in a statement released to announce some new measures taken in line with ongoing support for developing countries the effective implementation of the Paris Agreement’s goals. The statement said: ‘’As a global multilateral...
Africa Finance Corporation (AFC) and Harith General Partners (Harith), acting on behalf of its portfolio company Aldwych Holdings Limited, are pleased to announce final close of the merger of their respective electricity generation assets into a new operating company, Anergi Holdings Limited (Anergi). Following a transaction initially signed in June 2016,...
Over the past decade Africa has been one of the world's fastest growing economic regions. Starting from a low base, GDP across the continent expanded by 79% between 2006-17. Trade, chiefly commodity exports, powered a large share of this growth. But while trade has been important, it has mainly been...
The African Development Bank (AfDB) has approved $324-million in loan support to two renewable energy projects in Morocco and Côte d’Ivoire that are expected to significantly increase power supplies and boost economic growth in those countries. The loan support is in line with the AfDB’s New Deal on Energy for Africa,...
