Tuesday, March 28, 2017

Surbana Jurong Acquires 20% Stake In CITICC Holding

Urbanisation and infrastructure consultancy Surbana Jurong Private Limited has announced that it has taken a 20 per cent stake in China's CITICC (Africa) Holding Limited, which would enable it to develop 30,000 affordable homes...

Ethiopia To Build 80,000 Housing Units Within 18 Months

Ethopia has finalised plans to build 80,000 housing units within 18 months to close the housing gap in the country. Ministry of Urban Development and Housing is expected to hire foreign contractors to execute the...

Ghana, Cote d’Ivoire Business Delegation Storm Denmark

Ghana and Cote d’Ivoire 37-man delegation from the building and construction sector have stormed Denmark on a four-day visit to witness first-hand technologies in energy-efficient building among other green building technologies, Footprint to Africa...

Ethiopia-Djibouti Railway Project Near Completion

Some 95 per cent of the Meiso-Dewele section, which is part of the Ethiopia-Djibouti railway project, has been completed. According to the Ethiopia Railways Corporation the Ethio-Djibouti railway project, linking Addis Ababa with the port...

Which African cities will offer the best opportunities in the coming years?

CEOs are gradually recognising the untapped opportunities in sub-Saharan Africa. But which African cities will offer the best business potential in the coming years? A recent note by professional services firm PwC suggests the most lucrative...

Ethiopian Railway Corporation takes delivery of 315 trains

The Ethiopian Railway Corporation has taken delivery of 315 locomotives that carry passengers and freight along the Ethio-Djibouti railway. APA reports that a total of 1,171 trains are required to start full service on the...

LMI Begins US$80m Dawa Industrial Park Power Project

LMI Holdings has held a ground-breaking ceremony to begin construction of Dawa Industrial Park near Ada in the Greater Accra Region of what will become Ghana’s largest power sub-station. The 396 Mega Volt Amp (MVA)...

Ethiopia, Uganda Deals Will Not Cripple LAPSSET – Kenya

New infrastructure projects in Ethiopia, Uganda and Tanzania are unlikely to derail the Lamu Port-Southern Sudan-Ethiopia Transport Corridor project, the government has said. This follows concerns that LAPSSET could collapse or be downsized following new...

Botswana, South Korea Sign Deal On Energy

Botswana’s President Ian Khama and South Korean President Park Geun-hye have agreed to expand bilateral cooperation in the fields of energy and infrastructure during a summit in Seoul. A statement from the Office of the...

Presidents of Kazakhstan, Rwanda Hold Talks On Bilateral Cooperation

President of Kazakhstan Nursultan Nazarbayev met with President of Rwanda Paul Kagame, who arrived in Kazakhstan during his official trip to the country Both sides deliberated on the prospects of development of bilateral trade and...