Investments & Projects

According to the report, the Ethiopian Public-Private Partnership Office (PPP) announced three new roads and 14 power supply projects, costing $7 billion.

Stanbic Bank Zambia has intensified its investment in the growth of Zambia’s agricultural sector by supporting agro-value chain players.

According to reports, the country's railway line is seeking 15 billion pesos to invest in infrastructure development.

With the industrialization of African countries, Chinese-built industrial parks and free trade zones have gained momentum in the socio-economic drive of the African continent.

Construction of the US$770 million Kabwelume and Kundabwika hydro power stations and a transmission power line is scheduled to start in March 2019.

Local accounting body in Africa’s copper producer, the Zambia Institute of Chartered Accountants (ZICA) on 24 Dec signed an agreement with the world’s largest construction company, China State Engineering Corporation for the erection of a USD 210 million.

The Federal Government has started wooing potential investors for its 2,100 hydro megawatts power projects to boost power generation, transmission and distribution across the country.

The government of Ghana has recently revealed that they will launch a partial tax exemption policy to eliminate taxes from some multinational companies or mining firms to attract foreign investment.

It is reported that the African Development Bank Group (AFDB) and the Moroccan Agency for Solar Energy (MASEN) have recently reached a cooperation and hope to launch the "Desert to Power" program.