Common Market for Eastern and Southern Africa (COMESA) Secretary General Sindiso Ngwenya said, in an interview with Daily News Egypt, that the Egyptian initiative to establish logistical centres in a number of African countries is a laudable initiative. Ngwenya added that the COMESA will be pursuing specific trade programmes in 2018...
Ivory Coast and Burkina Faso on Monday began work to overhaul and expand a single-track rail line connecting Abidjan to the Burkinabe capital that is a vital link between the Sahel and Atlantic coast. Renovating the 1,260-kilometre (782-mile) track — which had first been announced in 2015 with no work being...
BEIJING, Dec. 5 (Xinhua) — China’s growing presence in the international arena to foster a community of shared future for mankind was further evidenced recently by two fruitful meetings of leaders of China, Central and Eastern European countries (CEEC) and member countries of the Shanghai Cooperation Organization (SCO). Chinese Premier Li...
Reflecting on progress on the Zambia, Tanzania and Kenya (ZTK) power interconnector project since 2014, Kenya demonstrates readiness so far. According to the East African Business, the Kenya section is fully financed and already under construction, while Zambia requires $160 million for the uncommitted parts. The 2,300km ZTK power interconnector seeks to...
Following up on the recently implemented special electricity tariffs for large businesses and manufacturers, Kenya asserts its commitment to attract investors. Business Daily reported that the east African country is rolling out a number of projects to lower the cost of power. It is reported that investors are being urged to put...
Governments remain the single largest developers of infrastructure projects – a common thread emanating from the 2017 edition of the Deloitte Africa Construction Trends Report. This is supported by the fact that governments own between 57% and 90% of tracked projects per region. Moreover, it shows the varied impact of...
Ethiopian officials, who have earmarked some 11.5 million hectares (28.5 million acres) of land for overseas firms to invest in agriculture, say Karuturi failed to make adequate progress on the land. Activists say neither side addresses the more critical issue of millions of people being forcefully removed from ancestral lands with...
Burkina Faso is now home to West Africa’s biggest solar farm, a 33-megawatt plant located in the town of Zatubi, outside the capital Ouagadougou. Built at a cost of $56.7 million, the 55-hectare (approximately 135-acre) farm is expected to power tens of thousands of households in the country. It was funded through...
ECOWAS on Wednesday said that it has concluded plans for sub-regional development projects worth 29.66 billion dollars for the period of 2018 to 2022. President of the Commission, Marcel Alain de Souza said this this while presenting the Status Report on the State of the Community to the Second Ordinary Session...
CEO Byron Clatterbuck eyes a potential option joint venture as the West Africa Cable System runs out of capacity. Seacom may build another undersea telecommunications cable along the east or west coast of Africa, says the telecoms infrastructure group. The company, partly owned by Remgro, owns an undersea cable running along the...
