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Ethiopia’s Ezana Builds $17.8m Gold Plant

AFRICANGLOBE - Ezana Mining Development, a wholly-owned Ethiopian private company, is building a $17.8 million gold plant in Tigray, it was announced on Thursday. According to reports the contract is to build a carbon-in-leach (CIL) gold plant at Terakimti, in northern Tigray, near Shire Endaselassie Town.

Lifan Motors of China Mulls Africa Expansion After Opening Ethiopian Plant

AFRICANGLOBE - Lifan Industry Group Co., a Chinese automaker, plans to spend $3.5 million moving into a new vehicle-assembly plant in Ethiopia next year as it seeks to expand in Africa, General Manager Liu Jiang said.

U.S. Okays $250m for Nigerian Fertilizer Plant

The Board of Directors of the United States’ Overseas Private Investment Corporation (OPIC) has approved a $250 million loan to fund a nitrogen fertilizer facility in Nigeria.

Nigeria Hopes On Industralisation As WEMPCO Test Run Steel Plant

AFRICANGLOBE - The Federal Government of Nigeria has reinstated its commitment to support growth of the steel industry as Western Metal Products Company Limited...

General Electric to Construct Power Plant In Nigeria

AFRICANGLOBE - General Electric (GE), an America electricity conglomerate,  is set to establish a power plant and an energy-training institute in Cross River, Nigeria, to...

World’s 4th Largest Uranium Mine to Begin Operation in Namibia by...

AFRICANGLOBE - Namibia’s Husab uranium mine will begin production by the end of 2015, owner of the mine China Guangdong Nuclear Power Corp. (CGNPC)...

Congo’s $9 Billion Hydropower Plant to Supply Power to Southern Africa

The Democratic Republic of the Congo (DRC) has revised plans to build the Inga III hydropower plant, in order to account for the provision of...

Kenya Launch Africa’s Largest Geothermal Power Plant

Kenya has inaugurated Africa's biggest geothermal power project in a bid to meet its growing need for electricity and lower its consumption of nonrenewable...

South Africa Launches Metals Atomisation Project

South Africa's Mineral Resources Minister Susan Shabangu has launched state mineral research company Mintek's new R44-million water atomising plant. The demonstration plant, situated at Mintek's...

Zambia Approves New $823m Copper Plant Project

Zambia has given the go-ahead for development and operation of the South East Ore Body Project, set to up the country’s copper production by...

Chinese Firm Invests $3.5b On Zimbabwean Power Plant

Chinese company Guangdong Bureau of Coal Geology (Guangdong) plans to invest $3.5 billion towards the construction of a 1,200 megawatt (MW) thermal power plant...

FACT CHECK: Paul Ryan Takes Factual Shortcuts in Speech

  Laying out the first plans for his party's presidential ticket, GOP vice presidential nominee Paul Ryan took some factual shortcuts Wednesday night when he...

Tanzania Set to Start Production of LNG

AT last, the Tanzanian government has started its quest to develop a liquefied natural-gas export project in the form of liquefied natural gas (LNG)...

China in Africa: You Name it; Foreigners are Building it

Chinese contractors have become the dominant force in African construction over the past decade, but new competitors could bring even lower costs and improved...

Nissan to Invest R1 Billion in South Africa

In a vote of confidence in South Africa's automotive industry, Nissan is to invest R1-billion in the expansion of its plant at Rosslyn outside...

Chinese Company Begins Ghana’s Gas Processing Project

Ghana is to begin its National Gas Processing Project in the Western Region this month, with an initial production estimate of 150 million metric...