Nigeria’s Federal Executive Council (FEC) has approved more than US$300mn for road construction in different parts of the country and US$13mn for water projects in Zungeru in Niger State
Construction
New partnership to bring modular nuclear power to remote locations
Capital advisory firm RWT Growth Inc. and StarCore Nuclear Canada have announced a partnership to bring cleaner nuclear energy to remote locations and industries which rely on traditional sources of power such as diesel generators
Nigeria commences Sukuk Bond to develop road infrastructure
The Nigerian government, through the Debt Management Office, has commenced the third tranche sale of US$390mn seven-year Islamic Sukuk bond offe, an Islamic financial bond
Equatorial Guinea signs mining deal with three companies
Equatorial Guinea’s Ministry of Mines and Hydrocarbons has signed five mining contracts with three different companies, following the conclusion of the country’s first mining bidding round last year, EG Ronda 2019
Emissions from road construction could be halved with technology
Researchers from Chalmers University of Technology and the University of Gothenburg have studied the construction of an eight km stretch of road and calculated how much emissions can be reduced now and until 2045