Chinese construction firm Huasheng Jiangquan Group, has offered to invest over $2 billion for the construction of an industrial park in Shama, a small fishing village in the Western Region.
“If your yam is white, you should cover it while you eat,” an African proverb reads. Put in context of the recent economic resurgence across the continent, the question posed.
“Because a bunch of us back home, who have returned after living overseas, know that this is the place to be,” said Angel Jones, founder of the Homecoming Revolution, an.
The Influx of greater Foreign Direct Investment in Africa, coupled with the rising demand of state-of-the-art infrastructures has ushered in a new dawn of monumental edifices, gradually changing the landscape.
That Africa is set to become the world’s economic engine in the next 10 years or during the 21st century is no doubt a well-known fact. But that almost all.
The African Development Bank (AfDB) has approved a (N29.4billion) $184.2 million loan to drive Nigeria’s power sector privatisation agenda, and a further $3.1 million to propel its vision 2020 power.
Africa Finance Corporation (AFC) has signed a $250 million syndicated loan facility to support investment and trade finance across the continent. According to an official statement, the facility – which.
Nigeria’s Ministry of Agriculture and Rural Development has signed a N4.3 billion ($20m) facility deal with the Bank of Industry (BOI) to boost the production of cassava bread in the.
Joining a list of other experimental under-the-sea hotel rooms in Florida, Sweden and the Maldives, the underwater room at Manta Resort on remote Pemba Island in Tanzania’s Zanzibar Archipelago immerses guests 4m below the.
Electronic giant, Samsung has come into agreement with a Kenyan institution, the Jomo Kenyatta University of Agriculture and Technology (JKUAT) to subsidize the cost of laptops for its student. Samsung,.
