Nigeria has signed a US $10m deal with United Kingdom-based Iconic City Limited for the development of a 3.8ha land in Alakia, Ibadan, the Oyo State capital, into a residential housing estate.Group Managing Director and Chief Executive Officer, of Odu’a Investment Company Limited, Mr. Adewale Raji who signed the deal with the UK firm said the agreement aims…
Details The Africa Hall, the permanent headquarters of the United Nations Economic Commission for Africa (UNECA) situated in Ethiopia is set to undergo renovations projected to cost US $ 56.9m. The Economic Commission for Africa and Ethiopia (ECA) signed an agreement which marked the beginning of the iconic project which is where the predecessor of the African Union (AU)—the Organization of…
Details The Africa Hall, the permanent headquarters of the United Nations Economic Commission for Africa (UNECA) situated in Ethiopia is set to undergo renovations projected to cost US $ 56.9m. The Economic Commission for Africa and Ethiopia (ECA) signed an agreement which marked the beginning of the iconic project which is where the predecessor of the African Union (AU)—the Organization of…
Details The county government of Bungoma in Kenya has launched the Kanduyi -Musikoma dual carriageway despite controversies and human activists obtaining orders stopping the planned works. In the petition, the duo had sued Governor Wycliffe Wangamati, his Roads Executive Collins Mukhongo, Chief Officer Maurice Marango, Kenya National Highways Authority (KenHa)Director General, the Attorney General and the Controller…
Details The government of Malawi has signed a US $150m IFC InfraVentures, an investment fund of the World Bank Group for the construction of Mpatamanga hydroelectric project in southern Malawi. The financial institution will be responsible in all decisions relating to the development of the hydroelectric project. Environmental and Social Impact Assessment (ESIA) and Feasibility Study for the Mpatamanga hydroelectric project…
Details The County government of Kisumu in Kenya has broken ground for the construction of a US $10m cancer center project amidst reports of increased cancer cases. Speaking during the breaking ceremony, Kisumu County Governor Prof. Anyang’ Nyong’o expressed confidence saying that early diagnosis, improved diagnostics, convenient and cheaper treatment will go a long way in…
Details The government of Ghana has approved US $230m for the purchase of several rolling stocks as part of the railway redevelopment project being undertaken by the country. Mr Joe Ghartey, the Minister of Railways Development confirmed the reports and said that the procurement of the 30 rolling stocks would be the largest amount of stocks brought at…
Details The Egyptian Electricity Transmission Company (EETC) has signed an agreement with the International Finance Corporation (IFC) to develop a 600 MW solar power complex in Egypt’s West Nile province. Muneer Ferozie, IFC’s Regional Manager revealed the reports and said that the project will go in a long way to realizing the government’s renewable energy plan for 2035 to supply…
Details The Lagos State Government is set to embark on the reconstruction and upgrade of Taiwo Adewunmi and Imafidon Crescent in Oko-Oba GRA Scheme 1 in Lagos in a bid to reduce vehicular travel time. State Commissioner for Physical Planning and Urban Development, Rotimi Ogunleye confirmed the reports and said that the government placed high premium on…
Details The government of Kenya has signed a US $6m deal with BASF, one of the world’s leading chemical companies and IPR Consulting Establishment to develop a potato cooling plant in Ol’Kalou area, Nyandarua county. Speaking during the signing ceremony, Nyandarua Governor Francis Kimemia said the establishment of the facility is aimed at reducing post-harvesting losses in…
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