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Africa’s richest man to invest $150 Million on a solar power project in Nigeria

Africa’s richest man, Aliko Dangote, will invest 150 million USD on a solar power project in Northern Nigeria. Dangote group of companies signed a Memoranda of Understanding (MoU) with the county government of Kano in Northern Nigeria for the construction of a 100 megawatts solar power plant according to the report by Daily Trust. Dangote […]

Nigeria reclaims position as Africa’s top oil producer

South Africa, sole African beneficiary as Qatar waives entry visa for 80 countries

South Africa is the only African country that stands to benefit from a huge visa waiver decision by embattled Gulf nation, Qatar. Qatari authorities on Wednesday announced that the country will allow visa-free entry for citizens from 80 countries with immediate effect. ‘‘Citizens of those countries wishing to visit Qatar will no longer need to […]

Nigeria reclaims position as Africa’s top oil producer

Seven surprising numbers from China-Africa trade

China has become Africa’s largest trade partner, and has just promised an impressive $60bn (£40bn) in assistance and loans to boost development of the continent. Yet the relationship is not simply about new roads, mines and military power. Traders from across Africa now live and work in China, while tens of thousands of Chinese nationals […]

Nigeria reclaims position as Africa’s top oil producer

Museveni, Magufuli lay foundation stone for construction of crude oil pipeline

Tanzanian President John Magufuli and his Ugandan counterpart Yoweri Museveni on Sunday laid the foundation stone for the construction of a crude oil pipeline from Hoima in Uganda to Tanzania’s Indian Ocean seaport of Tanga. The 1,443-kilometre East African Crude Oil Pipeline (EACOP) worth 3.55 billion US dollars will be able to transport 200,000 litres […]

Nigeria reclaims position as Africa’s top oil producer

Powering Angola: Chinese firm contracted to build Angola’s largest power plant worth $4billion

Angola has commissioned the construction of its largest hydro-power station. President Jose Eduardo dos Santos has described the construction of the Cakulo Cabasa Plant as crucial to the economic growth of the country. Located in the North Kwanza province, the Caculo Cabaca hydropower station is expected to drastically ease power shortage in Angola. It has […]

Nigeria reclaims position as Africa’s top oil producer

Kenya’s $3.2m railway giving customers headache two months after launch

The new railway linking Nairobi to the port of Mombasa was supposed to be the crowning achievement of an infrastructure bonanza propelling President Uhuru Kenyatta to victory in Kenya’s Aug. 8 polls. Instead, more than two months after Kenyatta inaugurated it to great fanfare, the Chinese-built line is plagued with administrative problems, particularly the ticketing […]

Nigeria reclaims position as Africa’s top oil producer

All bets off as Magufuli’s resource nationalism moves up a gear in Tanzania

Dan Paget | University of Oxford The Tanzanian government has asked Acacia Mining, a subsidiary of the world’s largest gold mining company Barrick Gold, to pay approximately USD$190 billion in revised taxes, interest and fines. This latest development is a game changer in a dispute that pits mining companies against President John Magufuli’s government. It makes both nationalisation and mine […]

Nigeria reclaims position as Africa’s top oil producer