Zambia has begun the construction of what it says is a major hydro-power project aimed at boosting the country’s electricity generation capacity.
The construction of 750 megawatts Kafue Gorge Lower Hydro-power project in Zambia begins following the signing of a memorandum of understanding between Zambia and China.
The hydro-power project in Zambia, to be situated in the south of the country-about 90 kilometers from Lusaka, will become the third la.... Read more »
Posted on : Tuesday , 1st December 2015
Zambia has begun the construction of what it says is a major hydro-power project aimed at boosting the country’s electricity generation capacity.
Posted on : Tuesday , 1st December 2015
Nairobi — Safaricom has partnered with MTN Rwanda to offer mobile money transaction for M-PESA customers in Kenya and Rwanda.
Posted on : Monday , 30th November 2015
Rio Tinto has given a go-ahead to a $1,9 billion project to build an Australian bauxite mine, defying a deepening commodities downturn. The investment is the largest that Rio has approved for more than two years, a period when global miners have slammed the brakes on spending following a surge in capital expenditure when they tried to take advantage of rising commodity prices.
Posted on : Monday , 30th November 2015
The upgrade of Tanzania's second largest airport, Kilimanjaro International Airport, is underway. It is expected to give KIA the capacity to handle more aircraft and passengers.
Posted on : Monday , 30th November 2015
Egypt's Ambassador to Japan Ismail Khairat said that Japan pledged to finance a solar power plant in Hurghada at a cost of $100 million.
Posted on : Monday , 30th November 2015
Eskom has installed a R144 million transformer in Arconhoek in a bid to ensure reliable power supply to the communities in rural Bushbuckridge local municipality, Mpumalanga.
Posted on : Monday , 30th November 2015
Transnational Corporation of Nigeria Plc (Transcorp) yesterday announced the successful merger of its two power subsidiaries Transcorp Ughelli Power Ltd and Ughelli Power Plc. The merged companies are now a single entity called Transcorp Power Limited.
Posted on : Monday , 30th November 2015
Dar es Salaam — Energy Access Ventures (EAV), a Paris-based investment firm that backs entrepreneurial companies that bring access to electricity in sub-Saharan Africa, has announced its inaugural $2 million investment in Off-Grid Electric (OGE) which has offices in San Francisco, California (USA) and Arusha in Tanzania.
Posted on : Monday , 30th November 2015
The Sudanese ministry of mining Sunday signed three agreements with national and foreign firms for the prospection of gold and other minerals in the Northern state, the states of South Kordofan and the Red Sea.
The first agreement was signed with the Italian Kobe International to prospect in the locality of Dalgo in the Northern State.
The second agreement was signed with Bizil company to prospect in South Kordofan while the third agreement was signed with Kur .... Read more »
Posted on : Monday , 30th November 2015
The government has been asked to consider reviewing the current Production Sharing Agreement (PSA) system to make exploration and related activities within awarded licences more realistic.
“We understand that the nation needs tax revenues, but I think it is counterproductive to tax operations if by taxing them, they are delayed or made more expensive.Tthe returns from operations will dwarf any revenues that the country may make from the current tax regime.... Read more »
Posted on : Monday , 30th November 2015
Nigerian vice-president Yemi Osinbanjo has signed an agreement with the UK government to increase the deployment of solar energy to the West African country’s rural communities
Posted on : Monday , 30th November 2015
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