The Mozambican government has agreed to fund an additional investment of US$290 million in the PORT OF BEIRA.
The Nigerian Federal Government is set to receive a concessional loan of US$100 million from the Indian Government which will assist the government to develop the country's RURAL BROADBAND CONNECTIVITY.
Rwanda is to get its first dedicated COMMUNICATIONS SATELLITE by the end of 2019 – a full year earlier than originally planned.
MC Mining’s subsidiary, Baobab Mining & Exploration has completed the acquisition of the Lukin and Salaita properties which are regarded as key surface rights required
The African Development Bank (AfDB) has approved its first private sector investment in Sudan in a multi-currency loan equivalent to US$75 million to DAL Group Co. Ltd.
The Ugandan government has allocated about 228 hectares of land for the construction of a new CEMENT PLANT.
Green Crop Field Investment Limited has expressed interest in investing US$72 million in a PAPRIKA PRODUCTION AND PROCESSING PLANT.
During the last quarter of 2018, the Zimbabwe Lithium Company completed bulk test work on tailings material from its KAMATIVI TAILINGS LITHIUM PROJECT in Zimbabwe.
Tanzania is set to commence construction of a mega residential project in the Mikocheni area of Dar es Salaam.
The African Development Bank (AfDB) has approved US$322.35 million in loans and grant to Burundi and Tanzania to finance the RUMONGE-GITAZA (45 KM) AND KABINGO-KASULUMANYOVU (260 KM) ROAD UPGRADING PROJECT.