Africa Business Blog

Ethiopia's economy thriving under investments in irrigation

Ethiopia has emerged as an engine of development in Africa after rapid economic growth averaging 10 percent annually between 2004 and 2014 and there are no signs that further growth ambitions are disappearing. The government's plan to achieve a middle-income status-or gross national income of at least US$ 1006 per capita by 2025 proves this. 

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Ghana’s TEN Oil field project commence commercial oil flow

Ghana National Petroleum Corporation (GNPC), one of the partners for the Tweneboa, Enyenra and Ntomme- TEN Oil field project has announced the commencement of commercial oil flow from the field. The oil flow is expected to aid the country’s energy crisis in its quest to become one of Africa’s thriving economies.

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Bio Therm Energy to construct 20MW solar plant in Ghana

Bio Therm Energy, independent power producer has won a tender to develop a 20MW solar plant project in Ghana. The company will construct, operate and own the facility under a 20 year power purchase agreement.

The project will be one of its kind at a utility scale for the West African country. The project is also expected to clear way for future developments in the renewable energy sector.

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Construction of ultra modern weighbridges in Kenya nears completion

National Highways Authority has announced that the construction of two ultra modern weighbridges in Kenya is at its final stages. The weighbridges are being constructed on either side of the Northern Corridor at Mariakani.

KeNHA Axle Load Manager in Charge, Muita Ngatia said that the US$ 7.3m weighbridges will be completed July.This he said was meant to give time for installation of electronomical equipment in either side of the road. Commissioning of the ultra modern weighbridges in Kenya is slated for August.

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Latest African business blogs, articles, and information about Kenya, Tanzania.