InfraCo Africa commits $2.2m for two solar projects in Kenya
InfraCo Africa, an infrastructure development facility has signed a $2.2 million convertible loan agreements with energy developer Gigawatt Global for the development of the Samburu […]
Business
Maroc Telecom to Acquire Chad’s 1st Mobile Operator
Morocco’s telecom giant Maroc Telecom continues its international development focusing on its expansion in Africa wherein the company is present in several African countries. It […]
Fuel consumption drops by over 20% after price hike in Zimbabwe
In Zimbabawe, fuel consumption has declined by 35 million liters following the January fuel price hike announced by President Emmerson Mnangagwa. According to the Governor […]
Luanda refinery to quadruple gasoline output by 2021
A partnership agreement between Angola’s national fuel company, Sonangol, and Italian multinational oil company, Ente Nazionale Idrocarburi (ENI), will augment the Luanda Refinery’s gasoline output […]
Chad, Sierra Leone gearing up for energy revolution
The Government of Chad last weekend sealed an agreement with Amea Power for the construction of a 120 megawatts (MW) solar power plant in the […]
Zambia eyes $500 million bond to pay power bills
Zambia plans to launch a $500 million bond program to settle arrears to independent electricity providers, according to Bloomberg. The bond program has been structured […]
Nissan to set car assembly plant in Algeria
Japan’s second largest car maker Nissan Motor Co has announced it will launch a car assembly plant jointly with a local partner in view of […]
Rabat Appreciates Adoption by EU Parliament of Morocco-EU Fisheries Deal
The European Parliament adopted Tuesday with a resounding majority the new fisheries agreement with Morocco, including the Sahara, a historic vote which prompted the appreciation […]
South Africa launches continent’s most advanced nanosatellite
South Africa has successfully launched into space the continent’s most advanced nanosatellite to date – the ZACube-2. The ZACube-2 will provide cutting edge remote sensing […]
Guinea-Bissau needs ‘genuinely free and fair elections’ to break cycle of instability
Unless political actors in Guinea-Bissau demonstrate renewed good faith to hold “genuinely free and fair elections,” the country is set to face a continuous cycle […]