Infrastructure News & Reports

Construction of Ice-based Sports Facilities Begins in Calabar

The construction of ice-based sports facilities in Nigeria has begun in Calabar, the capital of the Cross River State, Nigeria. This was announced by Mr. Daniel Damola, the President of Nigeria Curling Federation (NCF).  Damola said that the project has already begun with the clearing works and fencing of the site where the facility will be …read more →

AFRICAReports Banking and Finance Infrastructure News & Reports Power

World Bank Approves $750m Facility for Nigeria’s Power Sector

The World Bank Board has approved $750 million facility for the Nigerian Power Sector in a bid to support the Buhari administration in providing constant power supply to Nigerians. The facility under the Bank’s The Power Sector Recovery Programme (PSRP) buys time in favour of the Nigerian consumers as it forestalls the increase of tariffs …read more →

AFRICAReports Infrastructure News & Reports

Morocco Begins Construction of an Economic Zone at Fnideq

Morocco has begun the construction of an economic activity zone in Fnideq, a town in northern Morocco, on the Mediterranean coast of M’diq-Fnideq Prefecture near the border with the Spanish autonomous city of Ceuta. The works that are already taking place with regards to the construction of an economic zone on the site are the leveling …read more →

ENERGY Infrastructure News & Analysis Power WORLDReport

Hydrogen Fuel Economy Is Finally Going Mainstream

Hydrogen power has been on the market for decades but has never really been able to break the glass ceiling of mass-market appeal, mainly due to a host of technical and cost issues.  Indeed, battery power appears to be winning the race to replace the internal combustion engine (ICE) more than any other alternative fuel type. …read more →

AFRICAReports Agriculture Economy Infrastructure News & Reports

Moroccan Firm Seeks To Commission Fertiliser Plants in Nigeria, Ghana In 2024

Morocco’s OCP Group expects a fertiliser plant in Ghana and an ammonia plant in Nigeria to be operational by 2024, the company’s chief growth officer said, adding 2 million tonnes a year to its global output capacity. OCP, the world’s biggest phosphates exporter, will build the two plants, each with a capacity of 1 million …read more →

Economy ENERGY Infrastructure News & Analysis Power WORLDReport

The Oil & Gas Sector Could Already be in Terminal Decline

The fossil fuel industry has faced serious headwinds for several years, but the rise of renewables combined with the fall in consumption as a consequence of the global corona crisis is pushing it over the edge and into “terminal decline”. Although global coal consumption continues to grow slowly, its use has peaked in developed regions.  According …read more →

ENERGY Infrastructure News & Analysis Opinion

$2.8 BILLION AKK PIPELINE PROJECT: BUHARI STRIKES AGAIN! BY FEMI ADESINA

Something good is already happening. Something marvelous is in store, as Federal Government kickstarts the $2.8 billion Ajaokuta-Kaduna-Kano (AKK) National Gas Pipeline Project next Tuesday. It’s another humongous signature milestone by President Muhammadu Buhari, which will leave his footprints inexorably on the sands of time. Roads, Bridges, Rail, Airports, Social Investment and many others. Buhari …read more →

AFRICAReports Agriculture Infrastructure News & Reports

Cross River, Israeli Firm to Establish $15m Cocoa City Project

The Cross River Government and Israeli Bean & Co. Global Ltd. have signed a full Venture/Public Private Partnership agreement of 15 million dollars for the establishment of a special cocoa city project in the state. The online virtual signing of the agreement was carried out on Wednesday in Calabar, while the Memorandum of Understanding had …read more →

Infrastructure Infrastructure Financing News & Reports Roads

Contractors to Resume Work At Bodo and Bonny Road Project Soon – NLNG

The Nigeria Liquefied Natural Gas, NLNG, has said that plans are on the way for contractors to resume work at the Bodo and Bonny road project. The Managing Director, Nigeria LNG Mr. Tony Attah,  promised that works will resume at the sites under a revised COVID-19 protocol to ensure safety of personnel and continued sources …read more →

AFRICAReports ENERGY Infrastructure News & Reports Power

Egypt Wants UN to Avert Unilateral Fill of Dam by Ethiopia

The Grand Ethiopian Renaissance Dam is seen as it undergoes construction work on the river Nile in Guba Woreda, Benishangul Gumuz Region, Ethiopia. Egypt wants the United Nations Security Council to “undertake its responsibilities” and prevent Ethiopia from starting to fill its massive, newly built hydroelectric dam on the Blue Nile next month without an …read more →