The Mombasa Port handles fuel, consumer goods and tea exports for several African nations. (Image source: Robert Platt/Flickr)
Japan has decided to loan US$270mn to Kenya to expand the Mombasa Port, which is a key trade gateway to East Africa
The North West Rail Limited will connect major copper mines in Zambia and facilitate easy transport of minerals. (Image source: Jbdodane/Flickr)
South Africa’s Grindrod Limited Group has provided US$500mn for the first phase of Zambia’s North West Rail
According to Nigerias new auto policy, Stallion can assemble Volkswagen models. (Image source: Dave Pinter/Flickr)
German auto manufacturer Volkswagen and Nigerian company Stallion Group have signed an agreement to establish a vehicle assembly plant in Nigeria
The establishment of a support centre would boost civil aviation cooperation between China and Tanzania. (Image source: JoshuaDavisPhotography/Flickr)
China’s Aviation Industry Corporation of China (AVIC), has launched a field aircraft support centre in Tanzania to provide services to civil aircraft operators in Africa
The railway sector would be privatised, stated Benjamin Dikki of the Bureau of Public Enterprises. (Image source: Stephen Dance/Flickr)
The Nigerian government has announced its plans to privatise eight of the country’s industries, including railways, inland waterways, roads and ports, by 2015
Officials from the government revealed that eight sectors had been shortlisted for privatisation such as railways, inland waterways, road authority, roads funds, National Transport Commission, ports and harbours, federal competition and consumer protection and postal services.
Benjamin Dikki, director general of the Nigerian Bureau of Public Enterprises (BPE), said, “The government is riding on the success story of the previously privatised public enterprises such as banking, power, telecom, marine and steel sectors.”
Dikki said while the banking sector is the most developed in Nigeria, the telecom sector’s reform has been the most successful thus far. Nigeria’s tele density has increased from 450,000 telephone lines in 2001 to 135.5mn in 2014, he added.
To sustain growth and development, Dikki added that privatisation is essential. In addition to the eight sectors that have been chosen for privatisation, the BPE is working with sectors such as sports, tourism, health and housing to review legal and regulatory policies.
Genuine Volvo Parts are specifically developed, tested and approved to get the very best results from your Volvo machine. (Image source: Volvo CE)
The project carries an estimated total cost of US$12bn. (Image source: The Republic of Ghana Presidency)
The transaction will give TotalEnergies an interest in hydropower projects in Uganda, Rwanda and Malawi. (Image source: Adobe Stock)
The Carmix 3.5TT is renowned for its robust performance in concrete mixing. (Image source: Carmix)
Bobcat has included additional features to enhance the visibility around the machines. (Image source: Bobcat)
The first section of the Lagos-Calabar highway to be completed this year. (Image source: Adobe Stock)
Bobcat’s 1-2t Mini Excavator range delivers dependable performance for any job. (Image source: Bobcat)
Scatec completes the sale of its 51% stake in African hydropower projects to TotalEnergies, aligning with its strategic focus. (Image source: Scatec)
AMEA Power breaks ground on a 50MW solar plant in Ivory Coast, set to power 358,000 homes and cut 52,000 tons of CO₂ emissions. (Image source: AMEA Power)
President William Ruto of Kenya and president Benedict Oramah of Afreximbank in Mombasa, Kenya. (Image source: Afreximbank)
