The government has estimated that the probable reserve of bitumen in Ondo State is 16 billion barrels. (Image source: PublicDomainPictures/Pixabay)
Nigerian government has estimated that the probable reserve of bitumen in Ondo State is 16 billion barrels, while that of tar sands and heavy oil is estimated at 42 billion barrels, approximately 120km, the second largest deposit of bitumen in the world
cap: This transaction represents Vantage Capital’s 29th mezzanine investment across three generations of funds in ten African countries. (Image source: Vantage Capital Group)
Vantage Capital, Africa’s one of the leading mezzanine fund managers, has provided US$4.89mn of mezzanine funding for the development of Kayalane Heights, a first-of-its-kind affordable housing development located in Lebowakgomo, Limpopo
The proceeds will be used for the construction and rehabilitation of 44 roads in the six geopolitical zones in the country. (Image source: Robert Owen-Wahl/Pixabay)
The Nigerian government has handed over US$419.50bn to the Ministry of works for the proceeds of the third Sukuk Bond that it recently raised
The DMO allotted US$420mn to investors in the third Sovereign Sukuk and the proceeds will be used to finance 44 critical road projects across the six geopolitical zones of Nigeria. (Image source: 4939/Pixabay)
The Nigerian Debt Management Office (DMO) has announced an oversubscription of its US$390mn third Sovereign Sukuk bond by 446 per cent, attracting US$1.72bn in total
The Guyuk Cement Plant will be the major investment in the North East by BUA and solicited for support of governor Umaru Fintiri to set up the factory in Guyuk. (Image source: BUA Cement)
BUA Cement, one of West Africa’s leading cement companies, is set to establish a three million metric tonnes cement plant and 50MW power plant in Guyuk and Lamurde local governments of Adamawa state in the North Easter region of Nigeria
The Carmix 3.5TT is renowned for its robust performance in concrete mixing. (Image source: Carmix)
Genuine Volvo Parts are specifically developed, tested and approved to get the very best results from your Volvo machine. (Image source: Volvo CE)
The transaction will give TotalEnergies an interest in hydropower projects in Uganda, Rwanda and Malawi. (Image source: Adobe Stock)
The project carries an estimated total cost of US$12bn. (Image source: The Republic of Ghana Presidency)
The initiative was unveiled at a meeting at the UIA head office. (Image source: UIA)
Work begins on the Cross Rivers State SAPZ. (Image source: AfDB)
Zambia, with global partners, accelerates off-grid solar projects to provide reliable, clean electricity for rural communities. (Image source: Adobe Stock)
Raubex Building selects Potain MCT 185 tower crane for key housing project, backed by strong local equipment support. (Image source: Manitowoc)
Nuno Rangel, CEO, pictured at the new South African warehouse. (Image source: Rangel Logistics Solutions)
Husk Energy to power rice farm operations. (Image source: Adobe Stock)
