Egypt reduces energy subsidies amid fears that it will raise fuel prices
The Egyptian interim government announcement its budget for the coming fiscal year Monday, in which it has reduced allocations for … Read more
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Egypt’s Arabian Cement starts testing coal usage
Egypt’s third largest cement producer, Arabian Cement, has started testing coal in generating thermal power with the aim of shifting … Read more
Indian firm to invest US$50m in Tanzania gold project
The National Mineral Development Corporation (NMDC), an Indian state-owned mineral producer, will invest US$50m in developing its Bulyang’Ombe mining Tanzania … Read more
Infrastructure Development Bank of Zimbabwe to raise U.S$100m housing bond
The Infrastructure Development Bank of Zimbabwe intends to raise a $100 million bond for housing development. IDBZ has acquired “sizeable” … Read more
GE to put up 1000mw Thermal Power Plant in Ghana
General Electric (GE), the American multinational conglomerate corporation, is to build a 1000 MW thermal power plant in Ghana. The … Read more
Helios Tower Africa to invest US$450m in Tanzania`s Telecoms Project
Helios Tower Africa (HTA) Ltd plans to expand its presence in Africa by acquiring telecommunication towers from the key operators, … Read more
