The government of Egypt has unveiled plans to tender five projects to construct modern technology parks across the country at an estimated US$ 2.8 b to boost its revenues. This follows planned issuance of a unified landline and mobile telecoms licenses.
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Posted on : Tuesday , 16th September 2014
The Ethiopian Government has awarded a contract for the construction of a new Gebba River Dam. The cost of the contract is US$700m. It will be built along Gebba River, near the border of Jimma and Illubabur zones of the Oromia Regional State.
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Posted on : Tuesday , 16th September 2014
A MEMORANDUM of Understanding (MoU) between Tanzania Ports Authority (TPA), Ministry of Transport and World Bank, UK's Department for International Development (DFID) with Trade Mark East Africa has been signed for a 500 million US dollars (over 800bn/-) financing for Dar es Salaam port expansion and modernisation.
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Posted on : Tuesday , 16th September 2014
The government of Algeria has confirmed postponement of the oil and gas bids for its plants till end of September this year.
Posted on : Monday , 15th September 2014
MR Liu Kan, the Consul-General of the Consulate General of People's Republic of China in Lagos, on Thursday expressed his country's growing interest in Nigeria's oil and gas industry.
Posted on : Monday , 15th September 2014
A new UK-based company, Delonex Energy Limited, two weeks ago acquired oil exploration blocks in the Ogaden basin, in eastern Ethiopia.
Posted on : Monday , 15th September 2014
The Minister of Power, Prof. Chinedu Nebo has disclosed that the proposed National Policy on Renewable Energy and energy efficiency has been conceived by Government to drive its quest for electricity expansion nation-wide.
Posted on : Monday , 15th September 2014
Ethiopia is striving for the operation of the Aluto-Langano geothermal power plant with installed capacity of 70mw power in this fiscal year, the Ministry of Water, Irrigation and Energy said.
Posted on : Monday , 15th September 2014
Zambia and Saudi Arabia have agreed terms on a possible government-to-government deal that will enable the oil-rich Middle East country to supply the mineral-rich State with petroleum in bulk on a long-term basis.
Posted on : Monday , 15th September 2014
Kenya and Norway will sign an agreement on petroleum resources to help the east African country manage new oil discoveries, Norway’s new ambassador to Kenya was quoted as saying.
Posted on : Monday , 15th September 2014
Dr Guy Scott, the vice president of Zambia has said that the recently unveiled phase of Link Zambia 8000 road project is driving demand for earth-moving equipments in the country. Scott’s message was read by Labour and Social Security Minister Fackson Shamenda in the unveiling of the plaque at the U.S$ 14m Barloworld Equipment Kitwe facility.
Scott said the Link Zambia project was creating new opportunities for Small and Medium Enterprises (SMEs) leading their o.... Read more »
Posted on : Friday , 12th September 2014
Hong Kong- listed property development Group Shanghai Zendai will be constructing a US$ 7.66bn new Modderfontein City in South Africa starting next year. The project will comprise construction of a university, schools and a contemporary African gallery. Development of infrastructure, among them a Gautrain station planned for the next four to five years, is part of construction works awarded about US$ 273m.
The city will mainly host international residents, local middl.... Read more »
Posted on : Friday , 12th September 2014
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