Zambia launches $2 billion hydro-power project
Zambia has begun the construction of what it says is a major hydro-power project aimed at boosting the country’s electricity generation capacity, Xinhua news agency […]
Business
Egypt gets largest wind power station
The largest wind power station project in the Middle East and North Africa was inaugurated in Egypt on Sunday at an estimated cost of €270million […]
Nigeria: Oando to build $350 mln gas processing plant
The Head of Nigeria’s Oando said on Thursday its company plans to build a $350-million gas plant as it seeks to integrate gas production within […]
Algeria, Malta to revive bilateral cooperation
Maltese Prime Minister Joseph Muscat arrived in Algeria on Wednesday accompanied by more than 30 businessmen for a two-day working visit during which the two […]
South Africa: BMW to invest $417 mln for new model
BMW AG plans to invest more than $417 million in its South African plant to manufacture its new X3 sport-utility model, the German company said […]
Tanzania: 40% drop in cashew harvest due to poor rains
Cashew nut output in Tanzania, Africa’s fourth-largest producer, could decline by 40 percent this year as poor rains in major growing areas hurt harvests in […]
South Africa to import 650 MW less power from Mozambique
South Africa’s state-run electricity provider, Eskom, said on Monday it will import 650 megawatt less power from Mozambique for a week due to planned maintenance […]
Environmental degradation cost 12% lost to Ghana’s GDP
The World Bank in recent report indicates that Ghana is losing close to 12 per cent of its Gross Domestic Product (GDP) every year due […]
South Africa: New Nissan pickup by 2018 to meet African demand
Nissan Motor plans to build a new model of pickup at its South African plant starting in 2018 to meet the growing demand of new […]
MTN Group CEO resigns over hefty Nigerian fine
MTN Group President and Chief Executive Officer, Sifiso Dabengwa, resigned on Monday morning as the telecoms firm continued talks with the Nigerian government over a […]