West Africa’s regional body will pool its resources to establish an electricity market to end the blackouts that have blighted its 15 member states for decades, Reuters reports.
Posted on : Monday , 22nd June 2015
Following the conclusion of the second local content convention speakers pointed out various gaps that must be addressed if the country is to benefit from the growth in the nascent oil and gas sector.
Posted on : Monday , 22nd June 2015
While the global gold industry injected more than US$171 billion into the world’s economy in 2013, the countries that benefitted the most from such contribution were mainly African and Asian nations, the World Gold Council says.
Posted on : Monday , 22nd June 2015
African Supplies Ltd. (ASL) began in 2000 with the purpose of establishing strong distribution channels for supply of quality building materials in sub-Saharan Africa. This began with AHI Roofing’s Decra and Gerard branded roofing systems, now used extensively for residential and commercial projects. From a standing start, Africa now contributes 33% of global sales to the company.
Posted on : Monday , 22nd June 2015
Africa building and construction industry news, reports, projects, events, opinions and reviews. We cover ongoing, planned projects in Africa and around the world and audience include contractors, stakeholders such as financiers and developers, governments, and private undertakings.
A Long-term interest in the construction and infrastructure sector will be driven by successful issuance of Eurobond. Issuance of the bond will also boost the government’s ability to .... Read more »
Posted on : Monday , 22nd June 2015
A multi billion shilling steel plant is upcoming in Kenya as high consumption of steel-related products in the country and region is being witnessed.
Posted on : Monday , 22nd June 2015
The Ethiopian government has entered a gold development agreement with UK-based gold mining company Kefi Minerals goldmine-pixabayKefi Minerals has conducted a feasibility study, which has revealed that there are 28 tonnes of gold. (Image source: Pixabay) Ethiopia’s minister of mine Tolosa Shagi signed the agreement with Kefi Minerals. The UK-based company will mine for gold and silver in the Gonji Area, located in the western Wellega Zone of Oromia Regional State, over .... Read more »
Posted on : Saturday , 20th June 2015
Lekela Power, a 60/40 joint venture between Actis and Mainstream Renewable Power, has signed memorandums of understanding (MOUs) with the New and Renewable Energy Authority (NREA) for a 50MW plant in Aswan, Egypt, and a 50MW wind power plant in the West Gulf of Suez.
Posted on : Saturday , 20th June 2015
Siemens has signed its single biggest ever order – worth €8bn ($9bn) – to provide gas-fired plants and wind power installations to Egypt.
Posted on : Saturday , 20th June 2015
China is to build one of Africa’s largest solar power plants, an official has announced.
Posted on : Saturday , 20th June 2015
The Ministry of Energy and Mineral Development said the deposits were discovered and quantified following a series of recent airborne geophysical surveys.
Posted on : Saturday , 20th June 2015
The Kenya construction and infrastructure sector is anticipating a growth of 9% year-on-year in 2015 according to Kenya Infrastructure Report Q3 2015 released this month by Business Monitor International. The growth in the sector is expected to remain over a 10-year forecast period to 2024.
Posted on : Saturday , 20th June 2015
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