Agility, a logistics firm out of Kuwait, plans to invest up to US$100 million on expanding its business, with an emphasis on Africa. “We are committed to growing our business in various markets and investments,” said Essa Al Saleh, the president...
Plans for the first phase of Operation Phakisa, which promotes economic growth and job creation in line with the goals outlined in the National Development Plan, are on track, Cabinet has heard. Cabinet was briefed on the progress made with...
Kenya is now the 7th highest producer of geothermal power as it unveiled the biggest geothermal plant in the world which added an extra 280MW to the national grid. Immediately after the commissioning, by Paul Kagame of Rwanda and President’s...
The City of Johannesburg has announced plans to change the face of the informal housing market by rolling out an alternative rental accommodation strategy as part of a broad Sustainable Human Settlements Urbanisation Plan (SHSUP). Addressing the...
Work will start soon on a pedestrian and cycling bridge that has been planned to cross the M1 highway. The Great Bridge, a Johannesburg Development Agency project, will offer a quick route for pedestrians and cyclists to move between Alexandra and...
According to a report by Timetric’s Construction Intelligence Centre (CIC), South Africa has been rated as one of the top 21 countries in Africa and the Middle East for road and rail projects. Collectively valued at US$791, almost 400 large-scale...
It will take 20 to 30 months before power utility Eskom has caught up with maintenance and is back on the right track, energy department director general Wolsey Barnard said on Tuesday. “It’s going to take time, it’s going to take...
Zimbabwe has looked at Namibian financial institutions for the expansion of the Kariba South Hydro Power Plant. Standard Bank Namibia will provide a loan facility of N$500 million to the Zimbabwe Power Corporation (ZPC) for the 300 MW extension of...
The Board of Directors of the African Development Bank Group (AfDB) approved an African Development Fund (ADF) Loan of US $144.9 million, to the Kenya–Tanzania Power Interconnection Project. The project will allow the two countries to exchange...
