Ethiopia has secured a syndicated $1.26bn fund for an Ethiopia-Kenya high-voltage transmission line, due for completion in 2015, with the economic spillovers expected to benefit neighboring countries. The project is.
Funded buy billionaire, Mohammed Hussien Al Amoudi, the Ethiopian Space Science Society (ESSS) has established a $3.4 million space observatory in Addis Ababa, to enhance the country’s knowledge of the.
In keeping with its 10-year strategic focus on infrastructure development, the African Development Bank (AfDB), this week said it had approved a R2.9 billion ($338m) “sovereign guaranteed” loan to Namibia.
Ethiopia Minister of Trade, Kebede Channie, on Thursday said the East African nation has generated $700 million from the export of grains, oil seeds and spices during the last fiscal.
Private equity investor, Actis Capital LLP has signed an agreement with American energy giant, AES, to acquire its stake in three power assets in Cameroon for $220 million. The deal.
Access Bank Plc has earmarked N3 billion ($18.8 million) to support tourism and hospitality in Nigeria, said Obeahon Ohiwereian Executive Director with the bank, The lender joins the league of.
Africans were treated Sunday to a spectacular solar eclipse that swept across the continent, while in the United States and Europe sky-gazers also glimpsed the rare phenomenon. A total eclipse.
South Africa and the Democratic Republic of Congo (DRC) have signed a treaty for the construction of the Grand Inga Hydro-electric Power Project, which is expected to become the biggest.
Richard Branson was in Kenya last Sunday, October 27, 2013 to officially open a new tented camp,Mahali Mzuri Safari Camp. The camp owned by the billionaire investor through his Virgin Limited Edition.
Nigeria is building one of the world’s biggest and ambitious city projects. Called Eko Atlantic city, it will come up on a sprawling land (5,000,000 square metres) reclaimed from the.
