Independent investment firm RisCura has released its latest report on investing in Africa,Bright Africa 2018, which highlights that Africa’s consumer and business spending is expected to reach $6.7 trillion by 2030. The report segments Africa into nine meaningful markets, or regions, by analysing cultural connections, interconnectivity through trade blocs, the sharing of expertise, good business…
Details Chinese energy firm TBEA will invest in a 180 million euro ($209 million) hydropower project in Gabon alongside the West African country’s sovereign wealth fund, a Gabonese official said on Saturday. Construction will begin “pretty soon” on the project, which will have a power generation capacity of 70 megawatts in the first phase, Liban Soleman,…
Details Chinese energy firm TBEA will invest in a 180 million euro ($209 million) hydropower project in Gabon alongside the West African country’s sovereign wealth fund, a Gabonese official said on Saturday. Construction will begin “pretty soon” on the project, which will have a power generation capacity of 70 megawatts in the first phase, Liban Soleman,…
Details President Xi Jinping told African counterparts and business leaders Monday that China’s investments on the continent have “no political strings attached”, even as Beijing is increasingly criticised over its debt-heavy projects abroad. Xi spoke before the start of a two-day China-Africa summit that is expected to focus on his cherished Belt and Road initiative, a…
Details The U.K. aims to become the top foreign investor in Africa by 2022, Prime Minister Theresa May will say on Tuesday as she seeks to strengthen Britain’s global economic ties to show it’s open for business after Brexit. May will pledge to ensure Britain’s aid budget serves the national interest as well as fighting poverty,…
Details The U.K. aims to become the top foreign investor in Africa by 2022, Prime Minister Theresa May will say on Tuesday as she seeks to strengthen Britain’s global economic ties to show it’s open for business after Brexit. May will pledge to ensure Britain’s aid budget serves the national interest as well as fighting poverty,…
Details Kenya’s President Uhuru Kenyatta and his US counterpart Donald Trump have agreed to bolster tourism, trade relations and improve security, especially in the Horn of Africa. Speaking on Monday during a bilateral meeting at the White House, President Kenyatta said the US has been instrumental in the fight against terrorism and seeks to partner with…
Details Kenya’s President Uhuru Kenyatta and his US counterpart Donald Trump have agreed to bolster tourism, trade relations and improve security, especially in the Horn of Africa. Speaking on Monday during a bilateral meeting at the White House, President Kenyatta said the US has been instrumental in the fight against terrorism and seeks to partner with…
Details The first solar PV plant is set to be installed at Liberty Midlands Mall in South Africa; this is according to Liberty Two Degrees (L2D) in partnership with Liberty Group. L2D asset management executive for Liberty Midlands Mall Brian Unsted confirmed the reports and said that the plant will be a grid tied, roof-mounted PV…
Details The first solar PV plant is set to be installed at Liberty Midlands Mall in South Africa; this is according to Liberty Two Degrees (L2D) in partnership with Liberty Group. L2D asset management executive for Liberty Midlands Mall Brian Unsted confirmed the reports and said that the plant will be a grid tied, roof-mounted PV…
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