An Indian billionaire and six other international groups have entered the race to deliver South Africa’s long-awaited $25 billion electricity transmission upgrade, a project seen as critical to fixing one of Africa’s most constrained power systems. South Africa has pre-qualified seven global consortia for its $25 billion electricity grid expansion. Indian billionaire Gautam Adani’s power…
Nigeria has awarded permits to 28 companies to capture and commercialise gas that is currently being flared by the oil industry, in a bid to reduce emissions and generate revenue from a previously wasted resource. Nigeria has granted permits to 28 companies to capture flared gas from oil operations to reduce emissions and generate revenue.…
Africa’s housing deficit remains one of the continent’s most pressing development challenges, driven by rapid population growth, accelerating urbanisation, and rising construction costs. African housing leaders have warned that rapid urbanisation and population growth are widening the continent’s housing gap. Namibia announced plans to build 50,000 homes this financial year under a presidential directive. Nigeria’s…
Canada has issued a travel advisory urging its citizens to exercise a high degree of caution when visiting South Africa, citing persistent violent crime and personal safety risks. The advisory highlights threats including violent and petty crime, road crime, and airport-related theft. Canada has issued a travel advisory urging caution when visiting South Africa due…
South Africa’s Border Management Authority has disrupted two suspected human trafficking operations at OR Tambo International Airport, intercepting 30 foreign nationals whose travel patterns and documents raised red flags for border officials. South Africa’s Border Management Authority has intercepted 30 foreign nationals at OR Tambo International Airport in two suspected human trafficking cases. Fourteen Ethiopians…
South Africa’s rand firmed in early Friday trading, helped by stronger gold prices as investors positioned themselves for a busy week of economic data. South Africa’s rand firmed against the dollar, supported by a rally in global gold prices. Investors are watching November inflation data due on 17 December for clues on economic momentum. Analysts…
The Dangote Petroleum Refinery has received its second-ever crude shipment from Ghana, coinciding with a sharp drop in its crude imports from Europe. The Dangote Petroleum Refinery received its second crude shipment from Ghana, Sankofa grade, adjusting its feedstock mix amidst reduced European imports. Between September and November, daily crude deliveries averaged 380,000 barrels, a…
The Aliko Dangote Foundation, chaired by Africa’s richest man, has committed ₦1 trillion ($688 million) to strengthening Nigeria’s education sector over the next decade. The Aliko Dangote Foundation committed ₦1 trillion ($688 million) over a decade to strengthen Nigeria’s education sector. The initiative will start by supporting 45,000 students and scale to 1.33 million beneficiaries,…
Egypt’s Civil Aviation Ministry has launched a tender for private companies to manage, operate, and develop Hurghada International Airport. Egypt’s Civil Aviation Ministry is tendering to private companies for operating and developing Hurghada International Airport. This initiative aims to involve private operators in managing 11 Egyptian airports while retaining public ownership. Hurghada International, Egypt’s second-busiest…
