LONDON — There are advantages to coming off a low base. As their financial sectors start catching up to the world’s more sophisticated markets, Sub Saharan African countries have been growing their global borrowing presence. So how have they been impacted by recent rocking of the Emerging Market boat through the well documented crises in…
Details The complex relationship between Africa and China has become even more complicated this year. Initially, 2018 was set to reaffirm the bond through the latest Forum on China-Africa Cooperation summit held in Beijing in September. The summit delivered its usual pageant of African leaders, side deals, and the announcement of a $60 billionfinancing package. The year also…
Details As part of the fourth round of the South African Renewable Energy Independent Power Procurement Programme (REIPPP), Rand Merchant Bank (RMB) introduced and funded Thebe Investment Corporation’s equity in a portfolio of projects developed by Biotherm South Africa. The portfolio of four projects – the 120MW Golden Valley wind project, the 31MW Excelsior wind project, the 86MW Konkoonsies…
Details As part of the fourth round of the South African Renewable Energy Independent Power Procurement Programme (REIPPP), Rand Merchant Bank (RMB) introduced and funded Thebe Investment Corporation’s equity in a portfolio of projects developed by Biotherm South Africa. The portfolio of four projects – the 120MW Golden Valley wind project, the 31MW Excelsior wind project, the 86MW Konkoonsies…
Details Construction of phase one of US $190m Al Houara project in Morocco is set to be completed by the end of 2018 with the opening scheduled for the beginning of the second quarter of 2019. According to Abdullah Bin Hamad al-Attiyah, CEO of Qatari Diar, the project is a 234-hectare including 60 hectares of protected forest and 2.5…
Details Construction of phase one of US $190m Al Houara project in Morocco is set to be completed by the end of 2018 with the opening scheduled for the beginning of the second quarter of 2019. According to Abdullah Bin Hamad al-Attiyah, CEO of Qatari Diar, the project is a 234-hectare including 60 hectares of protected forest and 2.5…
Details Construction works on the Walvis Bay Port new container terminal in Namibia, set to place the country as a regional hub and gateway to international markets has kicked off. This is according to African Development Bank Group. According to the report from the bank, 85% of expansion works have been completed with ancillary activities to follow. The project includes…
Details Construction works on the Walvis Bay Port new container terminal in Namibia, set to place the country as a regional hub and gateway to international markets has kicked off. This is according to African Development Bank Group. According to the report from the bank, 85% of expansion works have been completed with ancillary activities to follow. The project includes…
DetailsThe Democratic Republic of Congo on Tuesday announced a deal with Chinese and Spanish partners for the development of a much-delayed $14 billion hydroelectric project. The Inga 3 project is part of a major programme to expand hydroelectric dams along the Congo River. It has been on the drawing board for around 30 years but…
DetailsThe Democratic Republic of Congo on Tuesday announced a deal with Chinese and Spanish partners for the development of a much-delayed $14 billion hydroelectric project. The Inga 3 project is part of a major programme to expand hydroelectric dams along the Congo River. It has been on the drawing board for around 30 years but…
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