African Review weekly digest - 21st - 25th August

Komencanto commons for ATR 307(Image source: Komencanto/commons)Here is a brief overview of the week’s news on African Review, from 21st - 25th August 2017 

Standard Bank: Weathering Africa’s commercial real estate storm 

Innovative financing solutions realises African real estate opportunity. Click here to read the full story.    

AfDB debars Chinese company for false bidding in Uganda road project 

After Chongqing International Construction Corporation (CICO) found to be indulged in a fraudulent practice in bidding for contracts in an AfDB-financed road project in Uganda, the bank has imposed debarment on the company for 12 months. Click here to read the full story.  

Power Africa releases its 2017 annual report 

The 2017 report highlights how Power Africa continues to lay the foundation for sustainable economic growth in Africa while creating opportunities for American businesses. Click here to read the full story.  

Frost and Sullivan: Market competition for commercial vehicles in Africa intensifies 

Asian OEMs are making rapid inroads into the African market as infrastructure developments present new growth opportunities. Click here to read the full story.  

EBRD and Proparco sign first projects under Egypt Renewable Energy Framework

The two institutions have committed US$58mn each for two 50 MW solar photovoltaic power plants. Click here to read the full story

Minister Dr Rob Davies: 'Infrastructure critical for Africa's growth and development' 

Minister Davies was speaking during the opening the two-day Infrastructure Africa Business Forum that started in Sandton on 21 August. Click here to read the full story

Mauritius to get second passenger terminal by 2020 

The government of Mauritius, has announced to construct a second passenger terminal, which is scheduled to start in 2019 and completed by 2020, aiming to modernise the transport sector in the country. Click here to read the full story.  

Danfoss’ Refrigerant Week to be held in September 2017 

Refrigerant shortages, new refrigerant launches, price increases and tax on GWP values, and shifting regulations make it challenging for industry professionals and decision-makers to anticipate and plan for the future. Click here to read the full story.  

Rwanda lays foundation stone of Bugesera International Airport 

On 9 August, Rwanda’s President Paul Kagame laid the foundation stone of the country’s newest transportation hub, the Bugesera International Airport, serving Kigali. Click here to read the full story.  

USTDA to connect US firms with Zambian wind power opportunities 

With plans for completion in 2019, the wind farm is anticipated to be the first wind independent power production project in Zambia and will help meet the country's growing demand for electricity. Click here to read the full story.   

New flyover inaugurated in Angola to reduce traffic 

Angolan President, José Eduardo dos Santos, has inaugurated the Unidade Operativa flyover, aiming to improve the dormant traffic condition on Deolinda Rodrigues Avenue. Click here to read the full story.  

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