Market News
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40 Investors Show Interest in Africa
Posted on :Friday , 10th July 2015
The Africa Investment Promotion Commission has said not less than forty intending investors have besieged the Commission for guide about investing in the African economy in the last one month.
The Executive Secretary of the Commission, Mrs Uju Aisha Hassan Baba disclosed this while responding to questions on the impact of security on foreign direct investment . . .Africa: Infrastructure Investment Is the Foundation for Economic Growth
Posted on :Thursday , 9th July 2015
Over the past two decades the average investment in infrastructure as a percentage of GDP has hovered around 5 per cent, a much lower ration when compared to growing economies such as China that invest about 9 per cent of their GDP in infrastructure development. This lower ratio is an indication that more investment in this sector is still needed and indeed so it is not surprising that Na. . .
Kenya is building Africa�s biggest wind energy farm to generate a fifth of its power
Posted on :Tuesday , 7th July 2015
Kenya set in motion the construction of Africa’s biggest wind power farm this week, near Laisamis, 550km north of Kenya’s capital Nairobi.
Known as the Lake Turkana Wind Power Project, the wind farm site covers 40,000 acres (162km2), which will be powered by the ‘Turkana Corridorwind.’ It is a low-level jet stream originating from the Indian Ocean and blow. . .APR Energy lands a 27 million gas turbine supply contract in Egypt
Posted on :Tuesday , 7th July 2015
APR Energy is set to provide a gas turbine power plant for an industrial customer in Egypt after landing a €27 Million contract.
The leading world Mobile power supplier signed the deal early this week after a competitive tender that attracted many companies to provide a gas turbine power plant for an industrial customer in Egypt.The project, which is for a mini. . .Please Select an Option
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