Tanzania Ports Authority has called on bidders to tender for the Dar es Salaam maritime gateway improvement project, which will be funded by the World Bank through the International Bank for Reconstruction and Development (IBRD).
Posted on : Thursday , 11th September 2014
Investment worth US$5bn was approved for three provinces in Mozambique. It was noted that the approved investments will help the North of Mozambique undertake several projects in agriculture, forestry, infrastructure, tourism, and hydrocarbon sector. The projects are aimed at creating opportunities for small, micro and medium-sized national companies. The projects are also expected to create 20,000 job opportunities in the three regions.
Posted on : Thursday , 11th September 2014
The private sector in Tanzania has a received a US$185m grant from the World Bank. The funds were released by the Multilateral Investment Guarantee Agency (MIGA).
Posted on : Thursday , 11th September 2014
The African Development Bank (AfDB) has given Kenya a loan worth US$ 110.54b to construct Mombasa–Bujumbura highway that will link Kenya and Rwanda.
Posted on : Thursday , 11th September 2014
Preliminary economic and technical evaluations of mineral exploration and development company Kibo Mining’s Rukwa Coal to Power project, in Tanzania, have confirmed the Rukwa mine as a suitable fuel source for a 300 MW mine-mouth coal-fired power station.
Posted on : Wednesday , 10th September 2014
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Nigeria and seven other African oil producing countries could experience boom in the coming years, with Mozambique and Tanzania set to emerge as new frontiers, if they can attract enough investment, a report by PriceWaterhouseCoopers has stated.
Posted on : Wednesday , 10th September 2014
Orrick Rambaud Martel has advised Établissements Maurel & Prom, one of France’s largest oil companies, on the renewal of its seven exclusive exploitation and development licenses in Gabon covering 6,100 km and on the renegotiation of the related production sharing contract with the Government.
Posted on : Wednesday , 10th September 2014
The Ghana National Gas Company (Ghana Gas) has expressed satisfaction with work on the Atuabo Gas Plant as a test run on the plant proved successful.
Posted on : Wednesday , 10th September 2014
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Daily power generation in Zimbabwe has improved from an average of 1 200 MW to 1 400 MW following refurbishment of power stations, an official has said.
Posted on : Wednesday , 10th September 2014
Luanda — Africa is one of the regions of the world with major unexplored energetic reserves, which expands its chances to become one of the main energy producers.
Posted on : Wednesday , 10th September 2014
JSE-listed gas and welding firm, African Oxygen (Afrox), on Thursday said it had signed a five-year R147 million ($13.7 million) contract with Exxaro FerroAlloys, a unit of the JSE-listed mining resources firm, Exxaro.
Posted on : Tuesday , 9th September 2014
Chinese-owned company StarTimes Media has stepped up its operation in Kenya, with the launch of a satellite TV service that would see it compete with DSTv and Zuku.
Posted on : Tuesday , 9th September 2014
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