The recent ratification of the African Continental Free Trade Area (AfCFTA) has created a promising environment for economic integration of major African markets with the smaller markets and enhance competitiveness at the industry and enterprise level by exploiting opportunities for scale production, continental market access and better reallocation of resources. The eventual implementation of AfCFTA…
Kenya has signed US $42m deal with a Chinese healthcare delegation for construction of a hospital in Nyandarua County. This is in line with the Governor Francis Kimemia agenda of providing accessible health service sector that is preventive, curative, responsive, efficient and affordable. The agreement which was signed by Prof Li Zuo and Kidney Research…
Kenya has signed US $42m deal with a Chinese healthcare delegation for construction of a hospital in Nyandarua County. This is in line with the Governor Francis Kimemia agenda of providing accessible health service sector that is preventive, curative, responsive, efficient and affordable. The agreement which was signed by Prof Li Zuo and Kidney Research…
Construction of Sahofika hydroelectric plant in Madagascar to begin in December. This is after a framework agreement was signed between the Madagascan authorities and the New Onive Hydroelectric Energy Consortium, composed of Eiffage, Eranove and Themiscompanies towards the development. The hydroelectric project will be situated near Tananarive, the capital of Madagascar. The consortium was chosen for the study, financing,…
Construction of 40 MW Malindi solar photovoltaic project in Kenya has commenced. Globeleq, project developers and Africa’s leading independent power producer announced the reports. The project which is located about 120 km Northeast of Mombasa recently reached a financial close of US $66m. The British government’s development finance agency will contribute US $50m while its partner, Globeleq,…
The Moroccan authorities has announced that construction of Sidi Ifni desalination plant is set to begin following German development agency, Kreditanstalt für Wiederaufbau (KfW)granting US $34m loan for the construction. The loan agreement was signed in March 2019, but the Moroccan authorities only very recently announced it in the official gazette. The funds will see construction…
Construction and repair works on 25 kilometres of roads at Dansoman in Ablekuma West municipality of Ghana has commenced. This is according to the Ministry of Roads and Highways. The road project which is aimed at improving mobility in the area, will consist of reconstruction of the Western Link Road, adjacent the Dansoman main road, and…