investment
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Investment
Morocco to build world’s largest seawater desalination plant
Morocco will soon be home to the world’s largest renewable energy-run desalination plant for drinking water and irrigation, following the…
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Aviation
South African start-up interested in 25% stake in Air Zimbabwe
A proposal has been submitted to the Zimbabwean government by Fly Modern Ark in which the South African start-up would…
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Telecommunication
Globacom positions as Nigeria’s largest telecoms operator
After the bidding process that would eventually provide a fresh investor for 9Mobile, formerly Etisalat, Nigeria’s $70 billion telecommunications industry…
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Oil and Gas
Exploration for oil and gas offshore Mauritania, Exxon nears deal
Mauritania’s oil, energy and mines director, Moustapha Bechir, has stated that Exxon Mobil is near to signing a deal to…
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Power
Continent’s energy production: African Development Bank approves $20m support
The Board of Directors of the African Development Bank, as part of its wider commission under the New Deal on…
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Aviation
High operation costs caused African airlines to post $100m losses in 2017
According to the International Air Transport Association (IATA), due to high operating costs and restrictive aviation policies of most African…
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Telecommunication
Maroc Telecom Awarded ‘Best African Operator’
Maroc Telecom has been awarded the “Best African Operator”, received at Telecoms Review Excellence Awards 2017 held in Dubai last…
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Power
2,40,000 homes in South Africa powered by Khobab and Loeriesfontein wind farms
South Africa’s Loeriesfontein and Khobab wind farms have announced the start of their 20-year commercial operations, with a generation capacity…
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$70bn Telecoms Investment on Growth Course – NCC
Nigerian Communications Commission (NCC) is increasing efforts on releasing new and re-farming existing spectrum bands in the country and a…
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