Russia’s state nuclear energy company, Rosatom, has officially launched a $1.2 billion uranium extraction partnership with the government of Tanzania. The project, described as one of the country’s most ambitious …
Environment
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AfricaBusiness InsightsEnergyEnvironmentMiningPolitics
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AfricaClimateDisaster RecoveryEnvironmentGovernment ProjectsHealthcareInfrastructure
Mozambique to Rebuild Vilankulo Hospital with World Bank Support
The Mozambican government has announced that it will soon begin the long-awaited rehabilitation of Vilankulo District Hospital in Inhambane Province, after the hospital suffered serious damage from repeated cyclones in …
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BusinessEnergyEnvironmentGovernanceNigeriaOil & Gas
NNPC Boss Bayo Ojulari Denies Resignation Rumours, Calls for Strategic Energy Investment at Industry Conference
The Group Chief Executive Officer of Nigerian National Petroleum Company Limited (NNPC), Mr. Bayo Ojulari, has dismissed recent rumours about his resignation, saying he remains focused on attracting more investment …
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EnvironmentGOVERNMENTReal EstateUrban Development
Magodo Residents Raise Alarm Over Environmental Threat
Residents of Magodo GRA Phase 2 in Shangisha, Lagos, have raised fresh alarm over ongoing construction activities in a part of the estate they say is not meant for development. …
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BusinessEnvironmentHousingInfrastructureInnovationNigeria
Nigerian Innovator Pushes Cargo Container Homes to Solve Housing Deficit
A Nigerian construction expert, Oludare Gbenga, has proposed the use of disused cargo containers as an affordable solution to the country’s massive housing shortage. Gbenga, who is the founder of …
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AgricultureEconomyEnvironmentGOVERNMENTHumanitarianInsurance
Malawi Gets $3.3m Drought Insurance Payout to Support Hunger Crisis
The Government of Malawi has received a $3.3 million (about K6 billion) insurance payout from the African Risk Capacity (ARC) to help cushion the impact of the ongoing drought crisis …
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BankingClimateDevelopmentEconomyEnvironmentGovernance
Bank of Ghana Moves to Enforce Climate Risk Policies in Banks
The Bank of Ghana (BoG) has taken a bold step towards a greener and more sustainable financial sector by calling on banks across the country to fully adopt the Ghana …
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EnergyEnvironmentInnovationTechnologyTransportation & Logisitics
Caverton Naval Architect Wins Global Award for Electric Waterway
A young Nigerian naval architect, David Okafor, has made the country proud by winning a major international paper competition organised by the Society of Naval Architects and Marine Engineers (SNAME), …
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Algeria’s government has announced a plan to build three “green” cement plants in different parts of the country as part of its effort to reduce pollution and support clean energy. …
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AFRICA NEWSEconomyEnergyEnvironmentInfrastructureINVESTMENT
Mozambique Secures $6.4bn World Bank Deal for Mphanda Nkuwa Dam
The World Bank has agreed to finance the construction of the Mphanda Nkuwa hydropower plant in Mozambique. The massive project is valued at US$6.4 billion (about 406.4 billion meticais) and …