The African Development Bank (AfDB) has approved a sovereign loan of US$229.5 million to finance phase one of the Kampala-Jinja Expressway project. The financing will reinforce Uganda’s position as a regional transit hub, supporting its ambition to propel its economy into middle-income status by 2020. Approved by the Board of the African Development Bank on […]
The Africa Investment Forum kicked off on Monday with a media briefing in South African capital, Johannesburg. The game changing event, aimed at attracting multi-billion-dollar deals across the continent, is set to usher in a new era for Africa’s investment landscape. Regional and global investors and institutional investors, private sector leaders, prominent government officials, and […]
UAE Exchange Rebrands its Africa Operations as Unimoni UAE Exchange, a leading global money transfer, foreign exchange and payment solutions brand, announced the rebranding of its Africa operations as “Unimoni.” The announcement was made by Promoth Manghat, Executive Director of Finablr and Group CEO, at an event held in Nairobi, Kenya, in the presence of […]
Ethiopian Power Authority partners with GE to Deliver 11 HV Substations Ethiopian Electric Power Authority has partnered with GE Grid Solutions to Deliver 11 HV Substations to Improve Access to Power. This is in alignment with Ethiopia’s Growth and Transformation Plan. GE’s Grid Solutions business has announced it has completed a $40M Electricity Transmission System […]
BY EABW REPORTER ABUJA, Nigeria- In line with its Economic Recovery and Growth Plan, especially its strategy to diversify the economy by making technology an enabler for forex revenue earnings, the government of Nigeria would be actively supporting Google’s Next Billion users plan intended to ensure greater digital access in Nigeria and around the world. […]
GE Power’s Grid Solution signs contract with Botswana Power GE Power’s Grid Solution business has announced that it has signed its first contract with Botswana Power Corporation (BPC), in line with aligning with Botswana’s commitment to provide energy users access to affordable energy services and improve its grid efficiency. The contract includes the design, supply, […]
BY EABW REPORTER KAMPALA, UGANDA- Panasonic Corporation, formerly known as Matsushita Electric Industrial Co Ltd is set to launch its new Africa headquarters recently relocated from Johannesburg to Cape Town. The company, whose Global headquarters are located in Kadoma, Osaka in Japan, was founded in 1918 as a producer of lightbulb sockets and has grown […]
BY PAUL TENTENA NAIROBI, Kenya- Kenya needs a diverse energy mix to support its growth initiatives. The 1050MW Lamu power project will use GE’s ultra-super critical technology to deliver superior efficiency and lowest emissions. The project will guarantee that up to 30% of electricity produced in Kenya is reliable baseload power. This will be part […]
Africa’s Energy sector to get financial support from Korea BY SAMUEL NABWIISO The Government of South Korea has promised to support the development of the energy sector in Africa; the support will be channeled through the Korean- Africa Power facility the Korean-Africa Energy Investment Facility (KEIF). The support deal was reached on by the government […]
Cras dapibus. Vivamus elementum semper nisi. Aenean vulputate eleifend tellus. Aenean leo ligula, porttitor eu, consequat vitae, eleifend ac, enim. Aliquam lorem ante, dapibus in, viverra quis, feugiat a, tellus. Phasellus viverra nulla ut metus varius laoreet. Quisque rutrum. Aenean imperdiet. Etiam ultricies nisi vel augue. Curabitur ullamcorper ultricies nisi. Nam eget dui. Etiam rhoncus. […]