US$500m textile factory to be set up in Ethiopia
Ethiopian government has made final pre-investment assessment with a Chinese delegation, for the construction of a US$500m textile factory in Addis Ababa. The textile factory … Read more
patrick otieno
South Africa coal miner Universal Coal receives US$ 23m for the Roodekop project
Universal Coal, a South African coal miner has received a whopping US$ 23m from Frankfurt-listed IchorCoal, and part of the finances will aid in development … Read more
UNICEM Cement factory launched in Nigeria will raise country’s production capacity
Vice President of Nigeria Namadi Sambo has said that the country can produce 39.9 million metric tonnes of cement. Sambo said this during the Line … Read more
Calabar power plant in Nigeria to be ready by December this year
Work at the Calabar power plant, a gas power plant and one of the National Integrated Power Projects (NIPP) located at Odukpani, Calabar state in … Read more
BP Egypt announces first gas discovery in DEKA project
BP, one of the largest foreign investors in oil and gas exploration and production in Egypt, last week announced the start of production of the … Read more
Egypt to get $9bn aid from UAE for petroleum needs
United Arab Emirates UAE has promised to fund Egypt’s petroleum projects for $9billion in the next one year, to boost the country’s Petroleum Industry. According … Read more
