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President Mugabe commissions $82 million mega cement plant

President Mugabe commissions $82 million mega cement plant

President Mugabe is briefed by PPC Zimbabwe managing director Kelibone Masiyane, while Vice President Phelekezela Mphoko, Industry and Commerce Minister Dr Mike Bimha (far right) and other dignitaries look on at the commissioning of the PPC Zimbabwe Plant in Harare yesterday The country’s economic blueprint Zim-Asset and the 10-Point Plan received fresh impetus yesterday after […]

Adesina Chairs session on Infrastructure Financing at Wall Street Journal’s ‘Investing in Africa’ Conference in London

Adesina Chairs session on Infrastructure Financing at Wall Street Journal’s ‘Investing in Africa’ Conference in London

African Development Bank President, Akinwumi Adesina, met several top investors and entrepreneurs in London at the Dow Jones News Building on March 7, 2017, for The Wall Street Journal’s one-day “Investing in Africa” conference Leading investors, business executives, entrepreneurs and policymakers in Africa gathered in London at the Dow Jones News Building on March 7, […]

Kariba South extension 74,5% complete

Kariba South extension 74,5% complete

THE $533 million Kariba South Extension project is now 74,5% complete and the first unit is set to be commissioned in December, an official has said. Giving his presentation at the 48th Southern African Power Pool meeting in Bulawayo yesterday, the project’s manager, Edmond Mukahandira said the project was on course and would start power […]

Kayole Residents Forced to Use Alternative Routes As Matatu Operators Protest Poor State of Roads

Kayole Residents Forced to Use Alternative Routes As Matatu Operators Protest Poor State of Roads

Residents of Kayole have been forced to walk to their destinations after matatu operators there went on strike Monday morning to protest the poor state of roads. According to Nairobi Traffic Commandant Leonard Katana, “the operators are complaining about Manyanja and Spine Roads which are in a poor state.” The operators had warned of their […]

Nigerian Internet Exchange (IXPN) goes live at MainOne’s MDXi Lekki Data Center to peer local Internet traffic

Nigerian Internet Exchange (IXPN) goes live at MainOne’s MDXi Lekki Data Center to peer local Internet traffic

MainData Nigeria (MDXi) and the Internet Exchange Point of Nigeria (IXPN) have announced a partnership aimed at expanding the peering of Internet Transit traffic within Nigeria. The partnership seeks to take advantage of the numerous networks and content providers already connected to MainOne to grow traffic in the Nigerian Internet Exchange. With its open access […]

President Mugabe declares state of disaster on Harare’s roads

President Mugabe declares state of disaster on Harare’s roads

President Mugabe yesterday officially declared a state of disaster on Harare’s roads and road infrastructure through a notice published in the Government Gazette. The roads have been badly damaged by the incessant rains received this summer. Local Government, Public Works and National Housing Minister Saviour Kasukuwere announced the President’s declaration in the Government Gazette. “It […]

Construction Industry is Bolstering Economic Growth in Ethiopia

Construction Industry is Bolstering Economic Growth in Ethiopia

Ethiopia is a rapidly growing country that has been scoring a double digit economic growth for a decade. The availability of untapped natural resources coupled with its being the second populous country in Africa further makes the nation advantageous. Among others, the construction sector is instrumental in catapulting the nation to higher levels of development. […]

Ethiopia, Djibouti Elevate Ties With Infrastructural Connectivity – Premier

Ethiopia, Djibouti Elevate Ties With Infrastructural Connectivity – Premier

Prime Minister Hailemariam Dessalegn said Ethiopia and Djibouti would expand joint infrastructural development activities that ensure mutual benefits. The Premier made the remark on Monday while holding talks with Djibouti’s Minister of Economy and Finance Ilyas Moussa Dawaleh. The two sides exchanged views on the joint protection of the Ethio-Djibouti railway line and the planned […]

U.S.$65 Million Container Terminal for Takoradi Port

U.S.$65 Million Container Terminal for Takoradi Port

The management of IBISTEK, a Ghanaian owned company, in collaboration with the Ghana Ports and Harbours Authority (GPHA), is putting up a container terminal at an estimated cost of $65 million. Code named ‘Takoradi Container Terminal (TACOTEL), all containers that arrive at the Takoradi Port from March 4th this year would be sent to the […]

Ethiopia Banks on Agro-Industrial Parks for Economic Growth

Ethiopia Banks on Agro-Industrial Parks for Economic Growth

Prime Minister Hailemariam Dessalegn laid a cornerstone for Baeker Integrated Agro-Industrial Park yesterday in Humera, town of western Tigray State. Speaking at the occasion, Prime Minister Hailemariam said the industrial park would play a role in creating economic integration with neighboring countries apart from its importance for the national economy. The premier noted that the […]

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