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Infrastructure

FG approves $3.9bn for Warri seaport

The Minister of Transportation, Mr. Rotimi Amaechi, said the Federal Government has approved the construction for Warri seaport at the cost of about $3.9bn and also awarded the contract for the Abuja-Warri rail line. Amaechi told the News Agency of Nigeria on Tuesday in Abuja

Kenya shops for $4.2b for agriculture, infrastructure

Kenya has reported that it needed more than $4.2 billion to resuscitate agricultural sector and finance infrastructure projects. The country requires a staggering $2.2 billion to resuscitate the agricultural sector from its current decay and ensure the country becomes a key regional food producer. It

Towards clean drinking water for all

Under the theme: Leaving no one behind, water for all, the Department set out to highlight the importance of water in the livelihoods of the general public and the country’s economy. In a statement released during the week, the department noted that National Water Week could

France, Kenya agree on deals worth three billion euros

On the first-ever visit to Kenya by a French head of state, presidents Emmanuel Macron and Uhuru Kenyatta announced a series of public-private infrastructure deals, totaling three billion euros (2.65 billion euros). Key among the contracts between French companies and the Kenyan state will be

4 tech trends impacting agriculture in 2019

The Head of Information and Marketing for FNB Agriculture, says agricultural technology innovation is evolving at an unprecedented pace, leaving farmers with no choice but to adapt and reinvent themselves in order to compete, grow and sustain their businesses. He says, “The agricultural industry globally

Call for increased economic momentum in Africa

In a statement released by the regional bank, Dr. Adesina said Africa’s partnership with other development allies such as Korea, should be more structured, adding that the continent should connect financial instruments and technologies in order to fully realize her potential. “Africa’s partnership with Korea

South Africa to construct an oil refinery and petrochemical complex

South Africa’s President Cyril Ramaphosa has signed a Memorandum of Intent (MoI) with Saudi Arabia’s Minister of Energy, Industry and Mineral Resources Eng. Khalid bin Abdulaziz Al-Falih and Minister of Trade and Investment Dr. Majid bin Abdullah Al-Qassabi to study the establishment of an oil refinery and

Tanzania plans to import 400 MW of electricity from Ethiopia

Tanzania plans to import 400 megawatts (MW) of electricity from Ethiopia to power its industrial drive, Tanzanian President John Magufuli said on Friday. Despite reserves of over 57 trillion cubic feet (tcf) of natural gas, Tanzania faces chronic power shortages due its reliance on hydro-power