Sunday , 26 February 2017

Category: Construction

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Harare: AfDB launch 3 projects valued at US $26m in Zimbabwe

Harare: AfDB launch 3 projects valued at US $26m in Zimbabwe

By Correspondent The African Development Bank and the Government of Zimbabwe officially launched three projects worth US $26 million that were recently approved by the Bank’s Boar ...

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Nairobi: TFC invite bids from eco-friendly projects

Nairobi: TFC invite bids from eco-friendly projects

By Monicah Muema The Tourism Finance Corporation (TFC) has asked players in the hospitality industry to apply for funding from the corporation to set up projects that are eco-frie ...

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Nigeria: Azuri targets 2000 households in new connections

Nigeria: Azuri targets 2000 households in new connections

UK off-grid solar company, Azuri Technologies has launched a PayGo solar home system in partnership with Nigeria’s Delta Power Holding (NDPHC) to provide solar energy to light at ...

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Kenya: Housing market falters on banks’ hesitancy to service mortgages

Kenya: Housing market falters on banks’ hesitancy to service mortgages

The housing market in Nairobi and satellite towns cooled in December last year as banks’ reluctance to service mortgages continued to weigh on the market, according to the latest ...

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Cairo: Egypt inks $61.6m power deal with South Korea

Cairo: Egypt inks $61.6m power deal with South Korea

In North Africa, the Egyptian Electricity Holding Company (EEHC) has signed a $61.68 million deal with South Korea’s Doosan Group for the supply of power plant equipment. Accordin ...

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Botswana: Government approaches Tlou Energy to advance CBM power

Botswana: Government approaches Tlou Energy to advance CBM power

Tlou Energy has announced its Request for Proposal (RFP) to develop 100MW of coal bed methane (CBM) power. According to a company statement, the request was announced last week wh ...

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ILO: Global unemployment to rise by 3.4m in 2017 as wages stall

ILO: Global unemployment to rise by 3.4m in 2017 as wages stall

The latest report by International Labour Organisation (ILO) World Employment and Social Outlook 2017 was released this week and takes stock of the current global labour market si ...

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Dakar, Senegal: ENGIE signs deal to develop renewables

Dakar, Senegal: ENGIE signs deal to develop renewables

ENGIE  has signed a deal with ANER, the National Renewable Energies Agency in Senegal, to accelerate the development of renewable energies in the country. The first part of this a ...

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Mauritius: Quantum acquires Mövenpick Ambassador Hotel Accra

Mauritius: Quantum acquires Mövenpick Ambassador Hotel Accra

The transaction which closed on 28 December 2016 marks the most sizable open-market hotel transaction in Sub-Saharan Africa to date QG Africa Hotel LP acquires 100 per cent of exc ...

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ANNABA: Marriott expands footprint in Algeria

ANNABA: Marriott expands footprint in Algeria

Marriott International, Wednesday announced further expansion in Algeria with the opening of its seventh hotel in Algeria, Sheraton Annaba. The company already operates six hotels ...

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