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Ethiopia Secures WB Loan for Kenya Link Electricity Substations

A high-level delegation from the Ethiopian government has secured a loan for the construction of substations for the Ethiopia to Kenya power interconnection project...

Kenya’s Multi-Billion Tech City Project Seeks Investors

Project: Konza ICT City Location: Machakos County, Eastern Province Description: The proposed Konza Technology City will be built on 5,000 acres and will host a business process outsourcing (BPO)...

Timbuktu – Uncertainty and Fear As Arab Rebels Move in

As Timbuktu reels under Arab control, South Africa's investment in the preservation and protection of ancient manuscripts has been significantly imperilled. A good few...

Lamu’s New Port – a Harbour for Development

A multi-billion dollar port is music to the ears of Abdalla Fadhil. The ex-mayor of Lamu and project developer sees a second port for...

Durban to Be First African City to Generate Electricity From Sea

The South African eastern port city Durban plans to generate electricity from the sea. The project being driven by Durban municipality and businesses aims...

Kenya ‘Becoming Economic Heartbeat of Africa’

When Kenya's newly announced geothermal power generation project comes online, it will turn the East African country into an economic powerhouse in the region. In...

Total’s Usan Raises the Bar Despite Increasing Theft in Nigeria

With the start-up of crude oil production at offshore Total's Usan deepwater field, Nigeria's crude oil production received a boost in the first quarter...

Offshore Financing – How to Secure Funding for Opportunities in Africa

With the high levels of economic growth that many African countries are currently experiencing, the continent offers many opportunities for businesses looking for new...

Zambia and Angola Ink $2.5 Billion Oil Deal

The Zambia Development Agency (ZDA) and an international corporation of Angola yesterday signed a US$2.5 billion memorandum of understanding (MoU) which will see the...

Kenya and South African Navy to Build Armed Naval Ships

Kenya defense forces naval wing and the South African Defense Forces naval arm are in secret negotiations to start building armed naval ships to...

History is Made as Kenya Strikes Oil

Tullow Oil has confirmed that it struck oil in its Turkana oil field. The discovery was made last year but the company had said...

New East African Mega Port to Become Gateway to Great Lakes...

The construction of Lamu Port in Kenya has been officially launched by Kenya's President Mwai Kibaki, South Sudan's President Salva Kiir and Ethiopia's Prime...

How Project Inspire Africa Inspires Would-Be Entrepreneurs

The ongoing 'Project Inspire Africa,' a reality TV show focusing on entrepreneurship, will soon crown the winning contestant who will receive US$ 50,000 as...

Zimplats Expands Platinum Mine in Zimbabwe

Zimbabwe Platinum Holdings Ltd has so far spent US$89 million on the US$445 million Ngezi Phase II expansion project. The money was used during...

Imagining The Great Green Wall Of Africa

AFRICANGLOBE - The proposed Great Green Wall, this ambitious project is immense in both its scope and the possible consequences it could have on the geographical and political-economic fortunes of the peoples and states in the Sahel and beyond. In effect an approximately 8000 km long, 15km wide belt of trees and bushes would be planted, cultivated or regenerated across the entire length of the Sahel

South Africa to Build Massive Pharmaceutical Plant

South Africa is to build a R1.6 billion pharmaceutical plant to produce the ingredients for antiretroviral medicines, used in the treatment of HIV and...