Actis To Invest $220m In 3 Cameroonian Power Assets
13/11/2013Private equity investor, Actis Capital LLP has signed an agreement with American energy giant, AES, to acquire its stake in three power assets in Cameroon for $220 million. The deal.
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Access Bank To Invest $18m In Nigeria’s Tourism Sector
05/11/2013Access Bank Plc has earmarked N3 billion ($18.8 million) to support tourism and hospitality in Nigeria, said Obeahon Ohiwereian Executive Director with the bank, The lender joins the league of.
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AFRICANS WITNESS SPECTACULAR SUNDAY
04/11/2013Africans were treated Sunday to a spectacular solar eclipse that swept across the continent, while in the United States and Europe sky-gazers also glimpsed the rare phenomenon. A total eclipse.
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South Africa & DR Congo Sign Treaty For Grand Inga Hydro-electric Dam Project
01/11/2013South Africa and the Democratic Republic of Congo (DRC) have signed a treaty for the construction of the Grand Inga Hydro-electric Power Project, which is expected to become the biggest.
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Richard Branson opens private Safari Camp in Kenya
29/10/2013Richard Branson was in Kenya last Sunday, October 27, 2013 to officially open a new tented camp,Mahali Mzuri Safari Camp. The camp owned by the billionaire investor through his Virgin Limited Edition.
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Eko Atlantic City Of Lagos: An engineering marvel on the sea! [SEE PHOTOS]
28/10/2013Nigeria is building one of the world’s biggest and ambitious city projects. Called Eko Atlantic city, it will come up on a sprawling land (5,000,000 square metres) reclaimed from the.
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Ethiopia Launches Africa’s Biggest Wind Farm
28/10/2013Ethiopia has launched Africa’s biggest wind farm in Ashegoda – the country’s northern Tigray region – to ease its dependence on hydropower. The unveiling of the $290 million Ashegoda Wind.
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Nigeria Approves $369m For Ship-Building Facility
25/10/2013Nigeria has approved a N58.6 billion ($369 million) fund for the construction of a ship building facility in the Niger Delta region of the country. The country’s Minister of Transport,.
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5 Banks Control 78% Of Angola’s Banking Industry Asset Base – KPMG
25/10/2013A report by one of the world’s biggest four auditors KPMG, has revealed that five Angolan banks including the country’s apex bank – Central Bank of Angola – account for.
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President Goodluck Jonathan Leads Nigerian Delegation To Isreal For Holy Pilgrimage
23/10/2013According to a statement by the Special Adviser to the President (Media & Publicity), Reuben Abati, the President will also meet with President Shimon Peres, Prime Minister Benjamin Netanyahu and.
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