The government of Zimbabwe seeks more than US $5bn to revamp the country’s road network. This is from reports made by the African Development Bank (AfDB) and the World Bank studies according to the country’s economic turn-around strategy – the Transitional Stabilization Programme (TSP). Dr. Joram Gumbo, Minister of Transport and Infrastructural Development, said that despite the Zimbabwe National Roads Administration…
The government of Zambia is set to enhance electricity supply in the Eastern province through setting up a wind energy plant in Katete district. Katetet District Council Chairperson, Jeremiah Mawere confirmed the reports and said that implementation of the project, will create a new source for energy generation, an electricity grid infrastructure close to consumers in the…
The Arab Republic of Egypt is looking forward to use its vast, newly tapped undersea gas reserves to establish itself as a key energy exporter and revive its flagging economy. In recent months the country’s capital, Cairo has signed gas deals with Israel, Cyprus, Greece and Jordan. This is driven by a discovery of huge…
South Africa and Ghana signed the biggest single deal of the day at the Africa Investment Forum. The deal — worth $2.6-billion — is expected to improve Accra’s public transport system through an elevated light railway system which would provide low cost transport to it citizens. This is according to Hubert Danso, the chief executive…
South Africa and Ghana signed the biggest single deal of the day at the Africa Investment Forum. The deal — worth $2.6-billion — is expected to improve Accra’s public transport system through an elevated light railway system which would provide low cost transport to it citizens. This is according to Hubert Danso, the chief executive…
https://youtu.be/c3CTw-O6oVg
https://youtu.be/c3CTw-O6oVg
The German government has announced that it will hold the first meeting between the Group of 20 (G20) and leaders of African countries on Tuesday, October 30 in Berlin. Ulrike Demmer, deputy spokesperson for the German Executive, stated that the event is being held at the invitation of Federal Chancellor Angela Merkel, and recalled that…
The German government has announced that it will hold the first meeting between the Group of 20 (G20) and leaders of African countries on Tuesday, October 30 in Berlin. Ulrike Demmer, deputy spokesperson for the German Executive, stated that the event is being held at the invitation of Federal Chancellor Angela Merkel, and recalled that…
A’s first equity crowdfunding platform, Uprise.Africa, has secured an undisclosed amount of funding from Silicon Valley-based venture capital (VC) firm Nexxus Ventures. The Cape Town-based online equity crowdfunding platform says it recently concluded an investment round on a R60 million evaluation. Through the investment, Uprise.Africa has formed a strategic partnership with Nexxus that will focus on identifying South African businesses…