A total of USD 48.24 will be used in the first phase construction of houses in Tanzania to provide shelter for public servants. The real estate project will be funded by the government of Tanzania.
The construction of the houses w.... Read more »
Posted on : Tuesday , 9th September 2014
Growing volumes of cargo at all African ports has forced port authorities and operators to increase capacity, analyse operations to increase efficiency, and employ measures to allow bigger ships into their ports. The East Africa Region has various projects underway. The new Lamu Port in Kenya costing $5.3 billion (Reuters.com) and the Bagamoyo port in Tanzania costing .... Read more » Posted on : Tuesday , 9th September 2014
Aminex has announced that following the Company’s newly acquired seismic in Tanzania shows larger resources estimates than earlier anticipated.
Posted on : Tuesday , 9th September 2014
Norwegian oil and gas operator DNO has said it has been granted a two-year extension of the term of its production sharing agreement for Block SL18 in Somaliland.
Posted on : Tuesday , 9th September 2014
Sasol is seeking into expanding into more Eastern and Western African countries according to an interview with Reuters on Monday.
Posted on : Tuesday , 9th September 2014
VENTURES AFRICA – The fruits of Nigeria’s Automotive policy continues to grow as the country’s National Automotive Council (NAC) on the implementation revealed that 21 Auto companies have signed commitments with technical partners to set up local assembly operations.
Posted on : Monday , 8th September 2014
The Federal Government has set aside N200bn for the payment of outstanding market liabilities and financial obligations in the power sector.
Posted on : Monday , 8th September 2014
VENTURES AFRICA – South Korea’s Hyundai Motor Company, through its subsidiary, Hyundai Automotive South Africa has opened a new plant in Benoni, Guateng, as it looks to consolidate its position in a very competitive industry.
Posted on : Monday , 8th September 2014
The International Seabed Authority (ISA) has begun issuing exploration licences for mining the yet untouched floor of international waters raising concerns about potential environmental impacts.
Posted on : Monday , 8th September 2014
President Armando Guebuza has inaugurated the Ressano Garcia power station located on the border with South Africa. The Ressano Garcia power station will generate a total of 180 megawatts.
Posted on : Monday , 8th September 2014
FORMER Energy minister Elton Mangoma yesterday questioned the US$533 million Kariba South Power Station extension project launched by President Robert Mugabe last week, saying there was serious suspicion of inflation of prices and looting by officials involved.
Posted on : Monday , 8th September 2014
Power parastatal Eskom has signed a contract that will see the replacement of steam generators at the Koeberg nuclear power plant, it confirmed.
Posted on : Monday , 8th September 2014
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