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
Construction
BUA Cement to establish cement plant, 50MW power plant in Adamawa
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
Sub-Saharan Africa’s construction sees cuts as COVID-19 impacts economic activity, says GlobalData
The 2020 construction output growth forecast for the sub-saharan Africa (SSA) region has been revised down to 0.7 per cent from the previous pre-COVID forecast of 3.6 per cent, according to GlobalData
Metso Outotec commences operations
Metso Outotec, a new company aiming to be a partner for positive change in the aggregates, minerals, metals refining and recycling industries, started operations on 1 July
TOMRA’s sensor-based ore sorting technology helps achieve circular economy
TOMRA’s sensor-based sorting is helping mining companies to take new approaches to extract natural commodities in an energy-efficient and resource-conserving manner