Tuesday, March 28, 2017

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...

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...

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...

Nigeria Plans $25Bn Fund To Modernise Infrastructure, Avoid Recession

Prof. Yemi Osinbajo, Nigeria’s Vice President said that Nigeria plans to create a $25billion fund with public and private financing to modernise infrastructure and avoid a recession. It will be recalled that the halving of...

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...

HFC Realty Opens Latest Housing Development To Public

HFC Realty Company, a subsidiary of HFC Bank said it has opened its latest development to the public, pledging to help reduce the huge housing deficit of 1.7 million. The project comprising 106 detached and...

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...

MasterCard Unveils Start Path, Launches in Nigeria, Globally

MasterCard has announced the launch of Start Path Global as a means to help startups break even and achieve global presence in today’s crowded and competitive business environment, Footprint to Africa reports. Footprint to Africa...

Internet of Things Will Change Cybersecurity Forever -Gartner

Over 20 per cent of enterprises will have digital security services devoted to protecting business initiatives using devices and services in the Internet of Things (IoT) by year end 2017, according to Gartner, Inc. Gartner...

Bakhresa To Inject U.S.$18 Million Into Blue Ribbon

Blue Ribbon Industry (BRI) creditors have okayed a scheme of arrangement that will see Tanzanian firm Said Salim Bakhresa injecting US$40 million in the next five years to turn around the fortunes of the...