patrick otieno 
The International Finance Corporation (IFC) is to inject Sh2bn (US$23m) into Bidco Oil Refinery to boost the Kenyan firm’s Sh4b (US$46m) expansion plan. The company … Read more
The Suez Cement Company is to invest EGP 300 million (US$43million) to convert two of its four plants to use coal rather than natural gas. … Read more
In December 2015, the Metolong Dam was inaugurated during a large celebration in which King Letsei III of Lesotho was present. Construction of the 83-meter … Read more
General Electric (GE), the American multinational conglomerate corporation, is to build a 1000 MW thermal power plant in Ghana. The plant will be powered by … Read more
Egypt’s Ministry of Tourism is aiming to develop 5 tourism projects at a cost of EGP 3bn (US$428m) in Ain Al-Sokhna and Ras Sudr after … Read more
Helios Tower Africa (HTA) Ltd plans to expand its presence in Africa by acquiring telecommunication towers from the key operators, developing them then leasing them … Read more
