The African Development Bank Group has approved a $70m loan for a road project in Ebonyi State, the southeastern state of Nigeria.
The International Co. for Water Services & Infrastructure (IWSI) and construction company Hassan Allam EPC have won a $74m EPC contract in Egypt to design and construct a 40,000m³/day seawater desalination plant, with infrastructure designed and built for a future capacity expansion to 80,000m³/day.
German conglomerate thyssenkrupp’s plant engineering business has won an order from the Egyptian chemical and fertilizer manufacturer El Nasr Company for Intermediate Chemicals (NCIC) for the engineering, procurement and construction of a new fertilizer complex.
COWI, an engineering, environmental science and economics consulting group based in Denmark, has won a contract from the Ugandan Ministry of Works and Transport to help develop a new national transport master plan.
Fluence, a company involved in water, wastewater and reuse treatment markets, has won a €165m contract from the Federal Government of Ivory Coast, West Africa, for the turnkey supply of a 150,000m³/day surface-water treatment plant.
Japanese automobile manufacturer Nissan Motor and Groupe Hasnaoui of Algeria will invest $160m in a new Nissan vehicle plant in Algeria to meet growing demand for vehicles in the country and across Africa.
Enel, through its renewable subsidiary Enel Green Power (EGP RSA), has begun construction on the 140MW Nxuba wind farm in the Amatole District, South Africa.
Radisson Hotel Group has signed an agreement with Cairo-based business partner Zaghloul Holdings for six new hotels in Egypt as part of a portfolio deal across several of its brands.
The Multilateral Investment Guarantee Agency (MIGA) has announced that it is providing a guarantee of €164.5m to two investors - EDF International and STOA - in Nachtigal Hydropower Company, which is responsible for the development of a hydropower plant in Cameroon.MIGA, a member of the World Bank Group, has provided Breach of Contract cover for up to 15 years to the two investors. The agency guarantees have been provided alongside payment and loan guarantees from the IBRD, and an investment, loan and risk management swaps by IFC.Located on the Sanaga River, about 65km north-east of Yaounde, the 420MW hydropower plant will contribute an additional 30% of installed generation capacity in Cameroon in addition to the climate co-benefits.The plant will generate enough electricity to power 453,000 homes, and help avoid 41 million tons of CO2 emissions over next 40 years.Nachtigal Hydropower Company and the Republic of Cameroon will develop the power plant on build, own, operate and transfer basis under a 35-year concession agreement.The power generated from the plant will be sold to Energy of Cameroon (ENEO), a privately-owned electricity distribution company, under a power purchase agreement.Upon completion, the Nachtigal Hydropower Project will be connected to the Southern interconnected grid, which represents about 94% of the Central African country’s national electricity consumption.MIGA EVP & CEO Keiko Honda said: “As a project in an IDA-eligible country, as well as one with significant climate change mitigation benefits, the Nachtigal Hydropower Project is a high priority for MIGA.“Equally importantly, I am pleased this project has mechanisms to help address environmental and social concerns, which are of utmost importance to MIGA.”STOA deputy CEO Marie-Laure Mazaud said: "The Nachtigal Dam provides a concrete response to the significant demand for electricity in Cameroon, and is a reference project for the development of similar hydro projects in Africa in the near term.“We are pleased to collaborate with the Republic of Cameroon, EDF, IFC and Africa50 to provide sustainable and accessible energy for the Cameroonian population. The social economic impact of Nachtigal project will be huge in terms of local employment and economic growth."
The African Development Bank Group (AfDB) and South African power utility Eskom have signed a loan agreement of ZAR2.886bn ($206m) and $25m, which will be used to improve power transmission in Southern Africa.
The African Development Bank Group (AfDB Group) has approved $322.35m loans and grant to Burundi and Tanzania to finance the upgrade of Rumonge-Gitaza (45km) and Kabingo-Kasulu-Manyovu (260km) roads.
BESIX Group, Six Construct, a subsidiary of BESIX Group, and TGCC have been awarded the contract to design and build the Bank of Africa Tower.
DP World, a port operator that was founded by a merger of Dubai Ports Authority and Dubai Ports International, has broken ground on the multi-purpose Berbera port in Somaliland.
Danish energy solutions company Vestas has secured an EPC order from Parc Eolien Taiba N’Diaye, a company in which Lekela has a majority stake, for the 159MW Parc Eolien Taiba N’Diaye wind energy project in Senegal, Africa.
BESIX has won a contract to design and build the Nachtigal dam and hydroelectric power station on the River Sanaga, 65km north of Yaoundé in Cameroon, to increase the country’s supply of renewable energy.
Australian company WorleyParsons has signed a 22-month engineering contract with Kipeto Energy for the Kipeto Wind Power Project in Kenya, the second largest in the country after the Lake Turkana Wind Power Project.
Dubai-based trade enabler DP World has signed an agreement to build and operate modern logistics hub outside of Bamako, the capital city of Mali.
ACWA Power has inaugurated a 120MW Khalladi wind farm in Tangier, Morocco, which will supply clean power at competitive prices to large industrial companies, mostly operating in the cement sector.
Mercedes-Benz Cars, a division of German automobile manufacturer Daimler, will produce the next generation of the C-Class in East London, South Africa, and invest €600m in expanding the plant.
Upstream gas company Sound Energy has signed an agreement with a consortium comprising Enagas, Elecnor and Fomento under which the latter will take up the front-end engineering and design (FEED) and construction and financing of the infrastructure to commercialise the company’s existing gas discovery in Eastern Morocco.