Company News

One of the largest fishing companies in Namibia, Erongo Marine Enterprises (EME), on Saturday night launched the 'Erongo Harambee Trust', a vehicle for ensuring that its 250 workers acquired a N$4,4 million share in the business.

The Zimbabwe Energy Regulatory Authority (ZERA) has granted Zimbabwe Power Company licence for its $140 million Gwanda solar plant project, which will have capacity to produce 100 megawatts, paving the way for the start of plant construction works.

Just a month ago, the Amharic daily Addis Zemen published a news story, which carried public complaints on claims of possible environmental pollution due to ‘liquid waste’ released from Heineken Breweries Share Company’s largest beer plant located at Kilinto.

Independent Power Producer, Uhuru Energy, has secured $51 million from a Chinese State-owned firm for the first phase of its $300 million solar photovoltaic project.

THE country's largest telecoms network operator Econet Wireless Zimbabwe Tuesday launched a new mobile money product 'Swipe into Ecocash', which will enable bank card holders to easily convert moneys in their accounts into Ecocash.

Koforidua, Oct. 22, GNA - Newmont Akyem Mines is to spend $ 6 million this year to acquire goods and services in the Birim North District where the mine operates.

London--Harith General Partners (Harith) and Africa Finance Corporation (AFC), two preeminent institutional investors based in Africa, have merged their power sector assets

ORANGE has invested US$33 million in modernisation and expansion projects to enhance the reliability, coverage and network quality following its acquisition of Orange Sierra Leone.

Morocco’s telecommunications company, Maroc Telecom, has invested nearly €6 billion in the last decade for infrastructural modernization projects and the improvement of the quality of its services in Africa, reported Maghreb Arab Press (MAP).