Zimbabwe: Govt to Utilize Solar Geysers to Save 300MW

GOVERNMENT is pursuing initiatives to save up to 300 Mega Watts of electricity by 2018 through using solar water heaters in homes and public institutions, an official has said. At least 20 percent of electricity is consumed wastefully, especially in domestic households. Speaking at a stakeholder consultative workshop on the national solar water heating program, Energy and Power Development permanent secretary Patson Mbiriri said about 40 percent of household energy consumption goes to.... Read more »

Posted on : Saturday , 26th March 2016

Zimbabwe: Increased Gold Production Expected From Small-Scale Miners in 2016

Gold production for 2016 is forecast at 24 tonnes buoyed mainly expected increase from small scale miners. Small scale miners last year produced seven tonnes while big players produced 14 tonnes. The expected increase in production for small scale miners will be driven by $5 million worth of mining equipment expected from China by the end of May this year."Last year we went out on a mobilisation programme to small scale miners telling them of the benefits of selling their gold to.... Read more »

Posted on : Saturday , 26th March 2016

Nigeria: N6.06 Trillion Budget to Focus on Power, Housing, Transport

Abuja — This year's N6.06trillion budget as passed by the National Assembly (NASS) will pay strict attention to addressing perennial issues in power, housing and transport infrastructure, which got the lion's share of the capital votes.   The total budget figure is, however, N17 billion less than the 6,077,680,000000 proposed on December 22, 2015 by President Muhammadu Buhari .   A review of the sectoral allocations of the budget ‎passed yesterday showed that.... Read more »

Posted on : Saturday , 26th March 2016

Kenya: 13 Firms Sign Up for Land at Tatu Mega City

Mega real estate mixed-use project Tatu City announced on Thursday it had set aside money for initial infrastructure after sealing deals with 13 companies in the Sh350 billion planned development in Ruiru.   This, even as its parent investor, private equity firm Rendeavour, said it was scouting for more land in Africa.   Rendeavour country head Nick Langford said the Sh2.2 billion will bankroll infrastructural upgrade for roads as well as water, sewer and power.... Read more »

Posted on : Saturday , 26th March 2016

Kenya Economy Gets Positive Outlook from Moody's

British-based global ratings agency Moody's has given Kenya's economy a positive outlook based on its growth trend, stability as well as its future and fiscal trajectory.   According to the agency's latest report, the country's infrastructure push and rapidly expanding services underpin one of the strongest growth rates in sub-Saharan Africa over the past two years.   Kenya's household consumption is expected to remain a key driver of growth, supported by increased.... Read more »

Posted on : Friday , 25th March 2016

Tanzania: Japan Commits to TCP with TRA on Oil, Gas Taxation Capacity

JAPAN has expressed its commitment to a new technical cooperation project with Tanzania Revenue Authority (TRA) in enhancing training programmes on minerals, oil and gas taxation.   The new pledge came after the completion of the four-year project dubbed 'Project for Enhancement of Taxation Training in Tanzania, which reached its climax yesterday.   TRA has with Japan International Cooperation Agency (JICA) support been implementing the 3.5 million US dollar (7bn/-).... Read more »

Posted on : Friday , 25th March 2016

Nigeria: State Govt. Sets Aside 50,000 Hectares for Rice Production

Abakaliki — Not lesser than 50,000 hectares of land have been identified and set aside by the state government across the 13 local government areas of the State for rice farming and production.   Similarly, the state government after procuring 13 graders among other equipment to aid rice production, decided through the State Ministry of Agriculture and Natural Resources to choose three Pilots schools, Girls' Technical College Agba in Ishielu local government area,.... Read more »

Posted on : Thursday , 24th March 2016

Angola: U.S.$ 900 Million Invested in Soyo Combined Cycle Project

Luanda — The Angolan Government has invested about Usd 900 million in the Soyo Combined Cycle power project in northern Zaire province.   The information was released Tuesday by the minister of Energy and Water, João Baptista Borges, who said the project will be complete in 2017.   The project that involves several power substations and transportation lines will produce 750 MW, to meet a large part of the needs of the country, both for home and industrial.... Read more »

Posted on : Thursday , 24th March 2016

Nigeria: President Targets 10,000MW of Electricity Generation

President Muhammadu Buhari on Monday said his administration has set a target of delivering 10,000 megawatts of electricity generation in the next three years.   The president, who stated this while addressing the National Economic Council retreat held at the State House, Abuja, said this year alone the administration would add 2000 megawatts to the national grid.   Mr. Buhari assumed office on May 29 last year.   He said, "Nigerians' favourite talking point.... Read more »

Posted on : Wednesday , 23rd March 2016

Gambia: FAO, Ministry of Agriculture Launch D20 Million TCP Project On Commercial Poultry Production

The Gambia government and the Food and Agriculture Organisation (FAO) Thursday launched the Technical Cooperation Project (TCP) /GAM/3503; Title "Assistanceto EnhanceCommercialPoultryProduction for Food Security".   The TCP worth USD489,330 or close to D20 million was signed between the Ministry of Agriculture and FAO on 30 November 2015.   In his launching statement, Dr. Duto Sainey Fofana, Director General the Department of Livestock Services, said TCP was.... Read more »

Posted on : Wednesday , 23rd March 2016

Zimbabwe: Mining Company's Gold Production On The Up

Caledonia Mining Corporation's annual gold production rose in 2015 despite work on a major upgrade at its 49 percent owned Zimbabwe mining unit, Blanket mine. Production at Blanket Mine for the year was 42 800 ounces against 41 800 ounces and all largely due to higher output in the fourth quarter of 11 510 ounces.Grades during the period were lower on average and this pushed up costs while revenues were also affected by the lower gold price though this has since.... Read more »

Posted on : Wednesday , 23rd March 2016

Floating Power Station Inaugurated in Mozambique

Maputo — The Mozambican and Zambian Presidents, Filipe Nyusi and Edgar Lungu, on Saturday inaugurated a floating power station in Nacala in the northern province of Nampula.   The power station can generate 100 megawatts and can supply northern Mozambique and Zambia.   The Turkish vessel containing the power station has been docked at Nacala port since 18 February. 110 kilovolt cables were connected, linking the ship to two special reception pylons, 65 and 85.... Read more »

Posted on : Tuesday , 22nd March 2016