Khartoum — The Ministry of Minerals signed three franchise agreements with national and foreign companies to operate in gold mining and other minerals.
Posted on : Tuesday , 1st December 2015
Egypt will get the first electricity supply from Dabaa nuclear power plant in 2024, the country’s prime minister Sherif Ismail has announced.
He said that that the plant will run under acceptable environmental safety standards. He added that Dabaa residents will be relocated.
The announcement comes following an agreement that was signed on November between Russia’s state-owned nuclear firm Rosatom and Egypt on 19 November.
The.... Read more »
Posted on : Tuesday , 1st December 2015
Nyota Minerals Ltd Monday said there is an opportunity “now more than ever” to acquire new projects and to pounce on opportunities that can generate near-term revenue and said it is considering investing in other sectors and potentially spinning off its mineral business in the future.
Nyota currently has a nickel and copper project in Italy and further exploration in Ethiopia but revealed the potential diversification plans ahead of its annual general meet.... 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.
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
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