Infrastructure News & Reports Urban Renewal WORLDReport

Construction of Tower with World’s Longest Cantilever in Dubai Over 30% Complete

Construction works on One Za’abeel Tower, a two skyscraper building in Dubai with the world’s longest cantilever is over 30% complete. The two skyscrapers, Tower A and Tower B stand at 300m and 235m respectively over a total built-up area of 470,700 square meters and they are joined by a 228-meter steel bridge that will …read more →

Environment Infrastructure News & Reports Roads Uncategorized

Makinde Appoints Adepoju Adviser on Infrastructure

Governor Seyi Makinde, has appointed Mr Simiyu Adekola James Adepoju, an engineer as his Special Adviser on Infrastructure, Moses Alao, the governor’s special assistant on Print Media said. The appointment, which took effect from 9 March, was conveyed through a letter signed by the Secretary to the State Government, Mrs Olubamiwo Adeosun. “Prior to his …read more →

Environment Housing Infrastructure News & Reports Urban Renewal

Developers, Property Investors Decry Out Of Plan Distortions In Lekki/Lagos Master Plan

Developers of high-end properties in Government Reserved Areas (GRAs) have decried what they identified as the spate of inconsistencies and distortions that characterise the housing infrastructural development sector in Lagos  They claimed that conflicting operating rules hamper the seamless operation of the sector and thus serving as a disincentive in an otherwise profitable sector.  According …read more →

AFRICAReports ENERGY Infrastructure News & Reports Power

Nigeria to Resume Construction Works On Mambilla Hydroelectric Plant

Nigeria plans to start work on the construction of Mambilla hydroelectric plant, estimated to cost about $4.8 billion this year after the government settled a legal dispute that was delaying the project, Power Minister Sale Mamman said. The project, when completed will be the second-largest hydroelectric plant in Africa and the second of such plants …read more →

AFRICAReports Economy ENERGY Health Infrastructure Infrastructure Financing News & Analysis Power Transportation

COVID-19: Massive Shut-downs worldwide to affect Africa’s Infrastructure, Energy & Mining Development

The Coronavirus (COVID-19) has resulted in mass production shutdowns and supply chain disruptions due to port closures in China, causing global ripple effects across all economic sectors in a rare “twin supply-demand shock”. With South Africa having just reported its first cases of COVID-19, Africa is beginning to feel its full impact and plans to …read more →

Economy Environment Infrastructure Infrastructure Financing News & Reports Photo News Roads

Lagos raises N100bn infrastructure bond for key infrastructure projects

The Lagos state government says it has raised a N100 billion series III bond under its N500 billion bond issuance programme. Babajide Sanwo-Olu, the state governor, said the proceeds from the bond will be used to execute key infrastructure projects. Sanwo-Olu said that the signing was Lagos State’s third bond programme; as the state had …read more →

Housing Infrastructure News & Reports Urban Renewal

FGN/NOVONE Social Housing Estate Ready for Acquisition

The Chairman/Chief Executive Officer of Novone Properties Limited, Arc. Ezekiel Nya-Etok has revealed that the phase one of the Social Housing Estate located at Ikot Ntuen Nsit opposite University of Uyo Teaching Hospital is ready for acquisition by interested members of the public. In a Press Release issued last Wednesday by Arc. Ezekiel Nya-Etok, the …read more →

Infrastructure News & Reports Railway Transportation

FG to Re-Construct Port Harcourt, Maiduguri Railway- Amaechi

The Honourable Minister for Transportation, Rt. Hon. Chibuike Rotimi Amaechi has announced that the Fedral Government would soon start the construction of the Port Harcourt to Maiduguri Railway. The Minister who stated this while answering questions at the 2020 Deloitte in Dialogue Nigeria Economic Outlook, held in Eko Hotel and Suites, Lagos, said the project …read more →