Peugeot to start production at its Kenitra plant
French car producer Peugeot Societe Anonyme (PSA) will launch in the second quarter (Q2) a new production factory, in Kenitra, 40 km to the north […]
Business
Green Energy: Nedbank issues renewable energy bond
Nedbank, a local private bank in South Africa, has issued green bonds to support the development of four green energy projects in the southern African […]
Côte d’Ivoire awards Morocco’s Agentis contract to build two regional hospitals
Agentis, a Moroccan company distributor and manufacturer of medical devices has won a $97-million contract in Côte d’Ivoire to build two regional hospitals. Under the […]
BMW to source cobalt from Morocco, Australia instead of RDC
German car manufacturing giant BMW has announced a plan to buy cobalt directly from mines in Australia and Morocco to ensure the metal purchased for […]
Nigeria’s oil minister seeks new funding options in Saudi Arabia
Nigerian Oil Minister Emmanuel Kachikwu and the president of Saudi Aramco on Tuesday discussed investment options in the midstream and downstream sector, Nigeria’s petroleum ministry […]
Kenya betting big on geothermal plants in Rift Valley
In Kenya, Chinese company Kaishan Renewable Energy Development has signed procurement, engineering and construction (EPC) agreement to build a $65 million geothermal power plant. The […]
Egypt: private electricity producers gear up for the world’s largest solar installation
Oslo Stock Exchange-listed energy company, Scatec Solar, has commissioned a 65-megawatt photovoltaic power plant within the Benban complex in eastern Egypt. According to local media, […]
Ghana unveils West Africa’s biggest Waste Recovery Park
Zoomlion, the company that manages waste in Ghana, has commissioned a recycling plant in the city of Accra. The plant, the first of its kind […]
China to build infrastructure as Uganda expects first oil production
The Chinese government has disbursed $134 million to build new infrastructure in Uganda, mainly roads, that are part of a network of over 700 km […]
Washington Approves Sale of 25 F-16 Fighter Jets to Morocco
The United States has approved the sale to Morocco of twenty-five new F-16C/D Block 72 aircraft and related equipment for an estimated cost of $3.7 […]