A US$100.51m cargo airport in Nigeria will be constructed in Nasarawa State, governor Tanko Al-makura, has said. The governor was speaking during the signing of the financial contract agreement between the state government and Tongyi Group Engineering, a Chinese firm tasked with the construction with their representative HYPAD .
The agreement stated that the Chinese firm will be responsible for the project’s finance. However, a Memorandum of Understanding .... Read more »
Posted on : Monday , 23rd November 2015
French transport solutions provider Alstom has signed two contracts with Egypt's National Authority for Tunnels (NAT) to supply signalling and telecommunications systems and develop infrastructure for the third phase of Cairo Metro Line 3
Posted on : Monday , 23rd November 2015
Ford Motor Company is planning to introduce 30 new vehicles in the Middle East and Africa by 2020 as part of its regional expansion strategy
Posted on : Monday , 23rd November 2015
East Africa is head and shoulders above the rest of Africa in meeting the Millennium Development Goals (MDG).
Posted on : Monday , 23rd November 2015
Major plans are underway to boost the capacity of micro, small and medium-sized enterprise players to enable them leverage on the African Growth and Opportunities Act (Agoa) through exports to the US market.
Posted on : Monday , 23rd November 2015
Isuzu’s Nigerian dealer Koncept Autocentre Limited has stated that it will commence the assembly of Isuzu vehicles from Q2 2016
Posted on : Saturday , 21st November 2015
Kenya plans to reform its company law in order to allow foreign firms to establish local branches that can own 100 percent, a senior official said on Monday.
Posted on : Saturday , 21st November 2015
The Bishoftu Automotive Industry announced that it is planning to build new 27 automotive engineering zones throughout the country in the coming years.
Posted on : Saturday , 21st November 2015
The French Development Agency (AFD) under the SUNREF programme has pledged to help in boosting energy efficiency in Uganda, the country’s Commissioner for Energy James Banabe has said.
AFD which seeks to finance green projects, has earmarked $13 million to fund companies looking to implement energy efficiency in Uganda by financing equipment and measures.
He said that approximately 64% of the electricity generated in Uganda is majorly used b.... Read more »
Posted on : Saturday , 21st November 2015
Leading global solar firm Scatec is now planning to invest over $600m for the construction of solar projects in Egypt over two years.
The firm’s senior Vice President Terje Osmundsen said they are looking forward to building more solar projects in Egypt aimed at addressing the country’s power shortage.
He added that as the sun is very stable from morning to evening, plenty of solar power can be generated in Egypt. These investments will crea.... Read more »
Posted on : Saturday , 21st November 2015
A special committee involving construction regulators has been formed to help look into challenges surrounding issuance of construction permits in Kenya that have been dragging the country down in global business competitiveness.
The committee will look into the nature of construction permits Kenya and related challenges.
The team will then advise on whether the permits should be simplified or eliminated going forward, depending on their relevance.... Read more »
Posted on : Saturday , 21st November 2015
TANZANIA TELECOMMUNICATIONS COMPANY LIMITED (TTCL) HAS EMBARKED ON A MAJOR NETWORK TRANSFORMATION THAT WILL ALLOW CONVERGENCE OF MOBILE AND FIXED ACCESS OPERATIONS.
The transformation, also geared to meet growing demand for bandwidth with high-quality and affordable services under the deal inked between TTCL and Alcatel-Lucent.
According to TTCL, the three years frame agreement penciled in South Africa, will see Alcatel-Lucent’s IP and optical technologie.... Read more »
Posted on : Friday , 20th November 2015
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