From basic lighting solutions to mini-grids, Africa’s decentralised renewable energy (DRE) market has recorded significant growth with 11.2 million units of branded pico-solar products sold between 2009 and the first quarter of 2015. Geospatial analysis by the International Energy Agency suggests that the most cost-effective solution for electrifying at least two-thirds of rural households by…
58 years of Nigeria’s independence, Ebere Nwoji writes that the pension sector has recorded significant growth. The pension sector no doubt, is one of the fast growing sectors of the economy since the introduction of the funded Contributory Pension Scheme (CPS) Indeed, with the quantum of assets accumulated by the sector, Nigeria has no doubt…
Kenya has set aside US $9.9m to construct three modern markets in Kisumu county mainly Jubilee, Kibuye and Otonglo markets in a bid to accommodate more traders and end hawkers problem in the city. The Kisumu construction project will also end fire outbreaks attributed to electric faults due to poor or illegal connections. More than 10,000 hawkers operate…
South Africa’s power utility Eskom Holdings, is set to expand its transmission network after the African Development Bank (AfDB) approved a US $218m loan to help fund the upgrade and expansion of its transmission facilities. The funding will consist of construction of of 555 km of 400 kV transmission lines in KwaZulu-Natal and Mpumalanga, as well…
South Africa’s power utility Eskom Holdings, is set to expand its transmission network after the African Development Bank (AfDB) approved a US $218m loan to help fund the upgrade and expansion of its transmission facilities. The funding will consist of construction of of 555 km of 400 kV transmission lines in KwaZulu-Natal and Mpumalanga, as well…
The government of Ghana has received US $10 bn funding to undertake a major reconstruction with modern all-season road network linkages to spur economic and social development through easier access to and from rural areas to the main population centre. A memorandum of understanding (MoU) was signed between Ghana through Investigroup,an international organisation with offices in several African countries, and the MFAR Group of…
The government of Ghana has received US $10 bn funding to undertake a major reconstruction with modern all-season road network linkages to spur economic and social development through easier access to and from rural areas to the main population centre. A memorandum of understanding (MoU) was signed between Ghana through Investigroup,an international organisation with offices in several African countries, and the MFAR Group of…
Zambia’s President Edgar Lungu has launched the US $449m Kafulafuta water supply project which is expected to provide water to 1million people in the country more so in Copperbelt province. Speaking at the launch, Minister for water development, sanitation and environmental protection, Dennis Wanchinga said the million dollar project involves construction of of a dam and other infrastructures that…
Construction works on Tanzania’s US $432m Kinyerezi II power project is set to be completed in October this year. This is according to the site’s Genaral Manager, Mr Shoji Watababe. “We are currently working on a few technical issues before completing the project. The work plan shows that until next month, the project will be concluded,” said Mr…
Construction works on Tanzania’s US $432m Kinyerezi II power project is set to be completed in October this year. This is according to the site’s Genaral Manager, Mr Shoji Watababe. “We are currently working on a few technical issues before completing the project. The work plan shows that until next month, the project will be concluded,” said Mr…