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Month: October 2015

Kenya: Google to buy Africa’s largest wind farm

October 21, 2015 Steven Addamah 0

Google Inc. has agreed to buy a 12.5% stake in Africa’s largest wind project, Kenya’s Lake Turkana, from Danish wind turbine manufacturer Vestas Wind Systems […]

Uganda’s central bank raises benchmark rate to 17.0%

October 20, 2015 Khalid Al Mouahidi 0

Uganda’s central bank raised its benchmark interest rate for the fifth consecutive meeting after a weaker currency boosted inflation to a two-year high. The bank […]

Zambia: China to build 750 MW power plant

October 20, 2015 Geraldine Boechat 0

China’s Sinohydro Corp will start building a 750 megawatt (MW) hydro-electric power station in Zambia in December as the country seeks to address an electricity […]

Côte d’Ivoire: Incumbent Ouattara promises new constitution if re-elected

October 20, 2015 Khalid Al Mouahidi 0

Ivorian President Alassane Ouattara said on Monday he would push for constitutional reform if he wins re-election this week to scrap a nationality clause that […]

Ghana: AfDB to boost agricultural sector with $100m

October 20, 2015 Steven Addamah 0

As part of efforts to help the government of Ghana overcome some of its financial challenges, the African Development Bank (AfDB) said, on Monday, it […]

Rwanda to host world’s first “droneport”

October 20, 2015 Geraldine Boechat 0

Rwanda, the small African country, will soon get the planet’s first drone airports. The idea behind the so-called “droneport” is to support cargo drones delivering […]

Guinea: President Alpha Conde re-elected

October 19, 2015 Steven Addamah 0

Guinea’s Alpha Conde has been re-elected President after he won an outright majority in the first round of a contested presidential vote, as the opposition […]

Algeria: Government to apply for Chinese loans

October 19, 2015 Khalid Al Mouahidi 0

Algiers will lean toward China in order to get necessary funds needed to put government’s key projects into action, Algerian Minister of Commerce said on […]

Egypt: Parliamentary elections start with low turnout

October 19, 2015 Khalid Al Mouahidi 0

Voting in a long-awaited election for a new parliament opened Sunday in half of Egypt’s provinces as the government works to complete a roadmap to […]

Lebanon seeks Iran’s intervention to elect president, PM Salam

October 17, 2015 Khalid Al Mouahidi 0

Lebanese Prime Minister Tammam Salam said that Tehran, given its outstanding position in the region and its interest in stability and security in Lebanon, could […]

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