Tanzania Seeks $46 Billion in Power Investment
Tanzanian government on Monday unveiled a power system master plan that requires $46.2 billion in investment over the next 20 years to revamp its ailing […]
Business
Cameroon: Internet Cut Cost $723,000 for Businesses – IWB
In Cameroon, businesses are losing money as a result of an internet cut that has been ongoing since January 17, 2017. Schools as well as […]
Morocco Offers $5.1 Million to Fund South Sudan’s New Capital
In keeping with its south-south cooperation policy towards African sister nations, Morocco will contribute $5.1 million to cover feasibility studies of the project to build […]
South Africa: Mineworkers to Down Tools over Wage Dispute
South Africa’s powerful National Union of Mineworkers (NUM) on Wednesday announced that coal miners would down tools in the “coming weeks” over the structure of […]
Internet Penetration: Seychelles, Morocco Top African Rankings
The Seychelles, Morocco and South Africa have the best internet connection in Africa with better access, according to statistics in real time published by Internet […]
EU grants Zambia $69 mln as power shortages hit Economy
The European Union has granted about $69 million to Zambia to expand electricity supply as the East-African nation faces a power deficit. According to the […]
AngloGold Ashanti to cut over 800 jobs in South Africa
Africa’s biggest gold producer AngloGold Ashanti, which employs about 25,000 people in South Africa, is in talks with unions to lay off more than 800 […]
Morocco’s Platinum Power to Develop Hydropower Projects in Congo
Moroccan energy giant Platinum Power based in Casablanca has been picked to develop several hydropower projects in Democratic Republic of Congo (DRC) to produce power […]
Kenya: New Car Sales Plunge 30 % in 2016
The Kenya Motor Industry Association on Wednesday said the number of new vehicles sold in Kenya dropped by 30.6 percent last year mainly due to […]
Kenya: Technical Fault Causes Blackout in Nairobi, Coastal Regions
A major power outage hit Nairobi, Mount Kenya and Coast regions on Monday morning, disrupting businesses and industries, local media reported. Kenya Power said a […]