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…
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…
Initial $155 million investment nine years ago now worth more than $1.24 billion. The value of the 10% investment the California Public Employees’ Retirement System (CalPERS) made in London’s Gatwick Airport nine years ago has skyrocketed, turning an initial $155 million investment into a stake worth more than $1.24 billion. The disclosure came during the…
Initial $155 million investment nine years ago now worth more than $1.24 billion. The value of the 10% investment the California Public Employees’ Retirement System (CalPERS) made in London’s Gatwick Airport nine years ago has skyrocketed, turning an initial $155 million investment into a stake worth more than $1.24 billion. The disclosure came during the…
The establishment of the African Continental Free Trade Area (AfCFTA) is both ambitious and impressive, not the least of which because it created a platform for 53 heads of state across a vast and diverse continent to agree on something. But whether or not it’s a game changer for intraregional trade – or the region’s…
Bouygues Batiment International construction company has together with their modular construction laboratory Dragages Singapore, completed the construction of the 459 feet Clement Canopy buildings in Singapore. With its completion, the building is now the holder of world’s tallest modular buildings title which was previously held by George Street, a 135-metre tower erected by Tide Construction in Croydon, England.…
The Asian Infrastructure Investment Bank (AIIB) is set to reach 100 member countries this Saturday once its Board of Governors approve the application of Rwanda and two other African countries. Headquartered in Beijing, China, the AIIB is a multilateral development bank with a mission to improve social and economic outcomes in Asia and beyond. A…
The Asian Infrastructure Investment Bank (AIIB) is set to reach 100 member countries this Saturday once its Board of Governors approve the application of Rwanda and two other African countries. Headquartered in Beijing, China, the AIIB is a multilateral development bank with a mission to improve social and economic outcomes in Asia and beyond. A…
Cameroon is set to construct a mini-hydroelectric power plant in Mbakaou, in the Adamaoua region. Cameroonian branch of the French group Innovation Énergie Développement (IED) who are embarking on the project will sell the energy produced to the electricity distribution company, Eneo, a semi-public company with 56% of the capital held by the Actis group and 44%…