Business

Standard Chartered invests US$57 million in Zambian Energy Corporation

stanchart Kaupaickehran wikimediaStandard Chartered's private equity arm has paid US$57mn to acquire a 25.8 per cent stake in Zambian Energy Corporation

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AfDB commissions US$25 million fund for infrastructure projects across Africa

AfDB Dec 27The African Development Bank (AfDB) has commissioned a US$25mn Pan-African Infrastructure Development Fund (PAIDF 2), which will invest in power, transport, water and sanitation, information and communication technologies (ICT) and healthcare infrastructure projects across the continent

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Sub-Saharan Africa to witness business boom

ghana-Dec 23Africa, home to a billion people and endowed with abundant resources, is now one of the world’s fastest-growing continents

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AECOM wins US$290 million contract in Libya

Tripoli SkylineUS-based project management firm AECOM has won a US$209mn contract in Libya to act as lead manager for the government’s housing and infrastructure development programme in urban areas

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Murray and Roberts opens new office in Zambia

ZAMBIAN OFFICE PIC 01South African contractor Murray and Roberts has opened an office in Kitwe city, Zambia, which would serve as a hub for overseeing projects in the infrastructure and minerals sectors in central Africa

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