Equatorial Guinea has secured a wave of Chinese investment, following a trade forum in Dalian The Equatorial Guinea-Asia Economic Forum was hosted in the Northeastern Chinese city by representatives of the West African nation’s Ministry of Mines, Industry and Energy, with the aim of showcasing the country’s investment opportunities. The Equatorial Guinean government has since announced the signing a series of memoranda of.... Read more »

Posted on : Tuesday , 18th August 2015

Constructions industry in Rwanda is on an upward trajectory after the country’s president Paul Kagame opened complexes worth $50m in the capital Kigali. The president challenged contractors to ensure they provide durable and quality structures.   Kagame congratulated local investors like Bertin Makuza whose 15-storey constructed building was inaugurated.  In his speech, Makuza said that construction of his building cost $42.... Read more »

Posted on : Tuesday , 18th August 2015

 Green Arava of Israel is set to construct a multi-million maize milling plant in Kenya at Galana-Kulalu irrigation project to ease in the flour processing once the first crop is harvested.   The equipment which has already been bought from South Africa will have the ability to process and package the flour for sale immediately after leaving the farm.   “The contractors have already procured the milling machine and we.... Read more »

Posted on : Monday , 17th August 2015

 The construction of Akiira Geothermal plant in Kenya has boosted power supply in Kenya after the firm signed a 70MW power deal with Kenya Power that will boost the chances of attaining the 5,000MW goal set by the Kenyan Government.   The 70megawatt power purchase agreement (PPA) between the two companies will last for 25 years and will see Kenya Power buy electricity from Akiira at Sh9.3 per unit (9.23 US cents), which is about half.... Read more »

Posted on : Monday , 17th August 2015

The construction of Adada river dam in Nigeria in Enugu State is expected to be completed and commence operational in July 2016. This was revealed by the Enugu State Governor Ifeanyi Ugwuanyi during his inspection at the dam’s construction site. He added that, his administration is ready and willing to provide the necessary support to ensure the project is delivered as scheduled. The project is being supported by the government through the.... Read more »

Posted on : Friday , 14th August 2015

At the peak of bilateral talks with President Ellen Johnson-Sirleaf, China's Foreign Minister Mr. Wang Yi says his country is prepared to add value to Liberia's raw material, as he announces plans to establish a steel plant here.   His announcement comes after President Ellen Johnson Sirleaf made such proposal to a visiting 15 man Chinese business delegation last week. "The highlight of this is that China has committed to helping us.... Read more »

Posted on : Friday , 14th August 2015

An estimated $55.6 billion in investment into infrastructure development for Kenya is planned (as of 2015), the majority of which will focus on telecommunications and power generation infrastructure, a new study reveals.   Dubbed as African Infrastructure Tracker: Kenya, the research and analysis was done by Frost & Sullivan. The study also reveals that Kenya is set to become a hub for intra-regional trade in Africa.   The.... Read more »

Posted on : Friday , 14th August 2015

The mining industry in Zimbabwe is currently the biggest target for international investors.   Mines and Mining Development Deputy Minister Fred Moyo said the mining sector is the biggest drawcard to the country for foreign investors.   "Mining is currently Zimbabwe's biggest target for international investors. Mineral exports account for over 50 percent of the country's foreign exports earnings," said Deputy Minister.... Read more »

Posted on : Friday , 14th August 2015

An Indian company yesterday concluded agreement that enables it to mine marble in Benshangual-Gumuz State.   Samaka Stones Private Limited Company has reportedly allocated close to 2.9 million USD to commence the production of 131,600 cubic meters of marble annually.   During the signing ceremony, State Minister of Mines Dr. Alemu Sime said marble production would contribute to the booming construction industry, the earning of.... Read more »

Posted on : Friday , 14th August 2015

Burera District is constructing a new hotel in a bid to enhance tourism in the area. The Burera Beach Resort Hotel is situated in Kagogo Sector on the shores of Burera and Ruhondo lakes.   The hotel is being constructed a Japanese firm, Noguchi Holdings LTD. The construction is projected to be completed by December at the tune of Rwf350 million, according to officials.   Samuel Sembagare, the district mayor, said despite having a.... Read more »

Posted on : Friday , 14th August 2015

 Exclusive Railway bridges are to be constructed over Nairobi National Park. Kenya Wildlife Service (KWS) spokesman Paul Muya said that they intend to build the bridge that will have an entire length of up to nine kilometers. The construction of the exclusive railway bridge over Nairobi national park is a move that conservationists have welcomed as a positive step for Kenya. The railway line was intended to cut through the 117km2, from.... Read more »

Posted on : Thursday , 13th August 2015

The 225-MW wind farm in Ghana is set to commence construction any time in 2016. The project is owned by Ireland based company Mainstream Renewable Power after it acquired the project from Swiss-based developer NEK Umwelttechnik last year.   Mainstream’s Business Development Manager, Chris Matthews says that all environmental permits have been secured and the grid connection and power purchase agreements are being finalized. The.... Read more »

Posted on : Thursday , 13th August 2015