JOHANNESBURG – Absa Corporate and Investment Bank (CIB) yesterday said that it planned to expand its agriculture loan book to countries such as Ghana, Kenya, Tanzania, Uganda and Zambia, due to good long-term growth prospects in the rest of the continent. Absa CIB agriculture head Roux Wildenboer said the lender wanted to grow its footprint…
JOHANNESBURG – Absa Corporate and Investment Bank (CIB) yesterday said that it planned to expand its agriculture loan book to countries such as Ghana, Kenya, Tanzania, Uganda and Zambia, due to good long-term growth prospects in the rest of the continent. Absa CIB agriculture head Roux Wildenboer said the lender wanted to grow its footprint…
Cape Town, South Africa, One & Only Hotel; 3 September 2019: Africa investor (Ai), a leading international investment and communications group, today announced the highly-anticipated release of the shortlisted candidates for the 2019 Ai Infrastructure Investment Awards. The Awards will be presented during the African Sovereign Wealth and Pension Fund Leaders’ Summit on the…
The government of Rwanda is set to invest US $13m in construction of new primary and secondary school classrooms, latrines and washrooms among other school facilities. Rose Baguma, the Director General of Education and Planning in the Ministry of Educationannounced the reports and said the moves comes after the Ministry of Finance increased the budget for the education…
Zambia and Botswana have signed a US $259m agreement to construct a 430km long railway to link the two countries across the Kazungula Bridge. Zambia Railways Ltd and Botswana Railways’ boards resolved during a meeting held in Kasane to facilitate the construction of the lengthy line and a show of cooperation. According to Zambia Railways…
Zambia and Botswana have signed a US $259m agreement to construct a 430km long railway to link the two countries across the Kazungula Bridge. Zambia Railways Ltd and Botswana Railways’ boards resolved during a meeting held in Kasane to facilitate the construction of the lengthy line and a show of cooperation. According to Zambia Railways…
Tanzania marked the beginning of construction of Rufiji power plant Rufiji Hydropower Project (RHPP) at Stiegler’s Gorge with President John Magufuli laying the foundation stone. The government officially handed over the area around the 2,115-MW Rufiji hydro project to joint venture contractors Arab Contractors Company and Elsewedy Electric Company. Arab Contractors received a contract to design and construct the…
Tanzania marked the beginning of construction of Rufiji power plant Rufiji Hydropower Project (RHPP) at Stiegler’s Gorge with President John Magufuli laying the foundation stone. The government officially handed over the area around the 2,115-MW Rufiji hydro project to joint venture contractors Arab Contractors Company and Elsewedy Electric Company. Arab Contractors received a contract to design and construct the…
The construction of US $180 million brewery plant in Mozambique is on track despite the late start of the ambitious project by beverage company Cervejas de Moçambique’s (CDM’s). The late start and constraints saw geotechnical specialist Franki Africa make efforts to ensure partial handover of the foundations and lateral support to allow the main contractor progress…
South Africa has unveiled plans for the second Gautrain project. Gautrain CEO Jack van der Merwe, revealed the reports while addressing the Southern African Transport Conference. The CEO said that the agency is set to to construct additional 150km of railway line and another 19 stations to the existing network. Van der Merwe declared that the public-private…