Lekeka Power has signed a memorandum of Understanding for the construction of a wind power plant in Egypt.
Posted on : Monday , 9th November 2015
A consortium led by the German engineering group Siemens has won a contract to build a 1,000 kilometres high voltage power line linking Kenya and Ethiopia. The firm will partner with Spain’s Isolux Corsan to put up the line that will transmit 2,000 megawatts (Mw) hydropower from Ethiopia.
Posted on : Saturday , 7th November 2015
Muscling its way into the market is China’s Beiqi Foton Motor, which last year delivered over 10,000 vehicles to Africa and in March established a sales division in Kenya. It is busy finishing construction of a US$50-million assembly plant in Nairobi that it claims will have capacity for delivering 10,000 vehicles a year to the region.
Posted on : Saturday , 7th November 2015
East Africa’s economic powerhouse Kenya is expected to see economic growth and improved foreign direct inflows, a leading analyst has predicted.
Posted on : Saturday , 7th November 2015
Kibo Mining‘s (LON:KIBO) focus is now to complete the financing for its Mbeya coal to power project in Tanzania, it said today.
The group has signed a joint development agreement with Chinese firm SEPCO and during the quarter completed a pre-feasibility study on the mining component.
“With the most important strategic elements now in place for the MCCP, Kibo is now focusing its entire effort on achieving financial closure for this world clas.... Read more »
Posted on : Saturday , 7th November 2015
“We’ve had a tremendous amount of success,” says Davis.
“We’ve drilled 400,000 metres. We’ve completed a full bankable feasibility study, and we did a full environmental impact assessment in 2013. Since that time it’s been all about the permitting.”
In some respect that’s been a slow process, but with the government on board as a participating equity partner, the ultimate outcome was never really in .... Read more »
Posted on : Saturday , 7th November 2015
The National Union of Mineworkers (NUM) today signed a collective agreement with Two Rivers Platinum Mine that will result in the speedy implementation of an Employee Share Ownership Plan (ESOP) aimed at attracting and retaining employees, and fulfil the employer's employment obligations to its employees in terms of the Mining Charter. The agreement was signed at the African Rainbow Minerals (ARM) Head Office in Johannesburg.
Posted on : Saturday , 7th November 2015
Abuja — Mobile networks are poised to benefit from a new non-equity partnership two operators have established to cover Nigeria and Benin.
Posted on : Saturday , 7th November 2015
Nairobi Governor Evans Kidero yesterday announced City Hall will complete tarmacking the road linking Kangundo road to the Eastern bypass in a few months.
Posted on : Saturday , 7th November 2015
Cement maker ARM Group has rolled out a new a technology in a bid to reduce the cost of construction.
Posted on : Saturday , 7th November 2015
El Riyadh — On Tuesday, Saudi Arabia signed four agreements on the funding of Sudanese dam, electricity and agricultural projects.
Posted on : Saturday , 7th November 2015
The National Construction Authority (NCA) has proposed that construction works for buildings above three floors be done using pre-mixed concrete delivered on site by licensed subcontractors.
Posted on : Saturday , 7th November 2015
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