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Airbus unveils ‘more efficient’ A380 jumbo

Airbus has unveiled plans to upgrade the world's biggest passenger jet, promising greater fuel efficiency and room for more seats. The A380Plus, which was announced...

RwandAir to fly to Brussels from July

RwandAir will begin non-stop flights to the Belgium capital from next month, the airline has said. The Rwandan flag carrier said it will fly its...

The Compact with Africa—The Contribution of the IMF

Some of the world’s top policymakers and investors are currently in Berlin to discuss a new initiative that could help reshape Africa’s economic future. Millions of citizens could see tangible economic benefits from the recently launched Group of Twenty advanced and emerging economies' initiative, known as the “Compact with Africa.” The goal is to boost private investment by harnessing the expertise and resources of governments, investors, and international organizations.

ENGIE and eleQtra sign wind project deal in Ghana worth 120 million dollars

ENGIE and eleQtra a developer of power and transportation projects in sub-Saharan Africa, signed a Joint Development Agreement that defines the terms and the schedule for the development and construction of the 50 MW Ada Wind power project in the Greater Accra Region in Ghana. The project is expected to require an investment of approximately $120 million and to start operations early 2019. ENGIE will enter as a 40% partner in the project.

Nigeria’s Vice President Osinbajo signs 2017 budget

Acting President Yemi Osinbajo on Monday signed the 2017 budget almost four weeks after the National Assembly transmitted the appropriation bill to the presidency. At...

South African parliament to investigate Eskom over graft allegations

South Africa's parliament will begin an investigation next week into state-run utility Eskom amid allegations of mismanagement in issuing government tenders, a legislator said...

Ghana receives 100 million Euros from Germany’s Compact with Africa Program

Ghana has been named as one of the three countries in Africa to benefit from the Germany’s “Compact with Africa” Program. The  program  will assist...

Tanzania signs contract with Chinese firm to expand main port

Tanzania's government signed a $154 million contract on Saturday with the state-run China Harbour Engineering Company (CHEC) to expand the main port in the...

African renewable energy projects win US$7million Access Co-Development Facility competition

A developer, owner and operator of renewable power projects in emerging markets in partnership with EREN Renewable Energy, a global independent power producer, are delighted to announce the three winners of the 2017 US$7 million Access Co-Development Facility (ACF) - an innovative funding and support platform for renewable energy projects in Africa. The three winning projects, hailing from Tanzania, Rwanda and Ghana, were selected from a technologically and geographically diverse pool of 82 entrants from 23 countries after having presented to a live panel of industry expert judges. The panel based their final selection on the commercial, technical and environmental merits of the projects presented, as well as the local regulatory environment and capability of the project teams. The winners will share the US$7 million pot provided by the Access Co-Development Facility as well as technical support and expertise

G20 and Africa: Mixed expectations

Sidi Tiemoko Toure has clear expectations concerning the G20 Africa Partnership Conference to be held next week in Berlin. "I will ask them to help us...

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