Nissan, Groupe Hasnaoui to build car manufacturing plant in Algeria

15 Feb 2019 | Africa

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 begins construction on 140MW wind farm in South Africa

13 Feb 2019 | 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 signs agreement for six new hotels in Egypt

11 Feb 2019 | 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.

MIGA to provide €164m guarantee for Cameroon hydropower plant

29 Jan 2019 | Africa

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 Worl ...

Eskom, AfDB sign loan agreement to improve power transmission in South Africa

28 Nov 2018 | Africa

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.

AfDB grants $322m for road projects in Burundi and Tanzania

23 Nov 2018 | 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 team to start work on Bank of Africa’s tower in November 2018

15 Oct 2018 | Africa

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 starts construction on Berbera port in Somaliland

12 Oct 2018 | Africa

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.

Vestas wins EPC order for 159MW wind project in Senegal

4 Sep 2018 | Africa

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 wins contract for dam, hydro power station in Cameroon

14 Aug 2018 | 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.

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