Kenya is set to open phase one of the US $108.6m Dongo Kundu bypass for public use by next week. This is according to KeNHA’s Coast Regional Director,Jared Makori. The bypass project which started in July 2016 is expected to decongest the Mombasa-Nairobi highway. The project runs from Mombasa Port’s second container terminal and links the…
South African state owned utilty Eskom Holdings SOC Ltd has signed a Power Purchase Agreement, PPA with Building Energy for the construction of the 147 MW wind farm in Roggeveld and a 4.7 MW mini hydroelectric plant in Free State which will see the overall investment in the construction of the two plants amounts to US $376 m. The…
Chief Executive Officer (CEO) of Stanbic IBTC Pension Managers Ltd. (SIPML) Mr Eric Fajemisin, said the firm invested 12.5 percent of its Assets Under Management (AUM) worth N2.53 trillion, representing N350 billion, into the Nigerian Stock Exchange (NSE). Speaking at a media parley in Lagos, Mr Fajemisin disclosed that the investment in equities comprised Mutual…