Investments & Projects

In an interview, Zimbabwe National Water Authority (ZINWA) chief executive officer, Engineer Taurayi Maurukira said China Nanchang Engineering was expected to move on site this week.

President Felix Tshisekedi said in May that some mining contracts could be reviewed because of concerns they are not sufficiently benefiting Congo, which is the world’s largest producer of cobalt and Africa’s leading miner of copper.

Angola is building two more refineries (Cabinda and Soyo) as well as refurbishing and expanding the capacity of the existing Luanda refinery. It targets to process 360,000 barrels of oil per day locally.

A Scoping Study at Ewoyaa, announced in January 2021, supports a business case for 2.0 Mtpa production operation with LOM revenues exceeding $1.55 billion, with significant potential to extend LOM”, Mining Review stated.

A new deep-water port at the Kenyan island of Lamu welcomed its first ships Thursday, launching a potential trade corridor for neighboring countries despite local opposition.

In a statement Sunday, the ministry said it is carrying out the biggest project to develop the railways with a budget exceeding LE 225 billion.

Egypt’s Future agricultural reclamation project is another of the country’s mega projects to maximize production. Below is basic info about the project according to the Egyptian Center for Strategic Studies.

Egypt is working strongly towards enhancing electrical interconnection projects with other countries, for the many benefits of such projects and its positive impact on different sectors, according to Minister of Electricity Mohamed Shaker.

The purpose of this industrial complex is to achieve high added value in this industry, to meet the needs of the local market from the project's products, reduce the volume of the state’s imports of those products, in addition to creating export opportunities for the produced mat...