Tag: African infrastructure

Talaat Moustafa
BusinessLuxury

Egypt’s Talaat Moustafa Group to develop $27 billion mega city near Cairo

TMG launches $27 billion Spine city near Cairo, reshaping Egypt’s real estate market with jobs, growth, and smart urban design.

Timilehin Adejumobi Timilehin Adejumobi
Lesotho pushes for higher royalties in water deal with South Africa as dams expand supply
BusinessTechnology

Lesotho pushes for better terms in key water deal with South Africa

Lesotho is preparing to renegotiate a decades-old water-sharing agreement with South Africa, a deal that contributes about 10% of the kingdom’s economy. Officials say talks could start as early as April, giving the small, landlocked nation a rare chance to press for improved terms with its much larger neighbor.  The agreement underpins the Lesotho Highlands Water Project (LHWP), a $3.1…

Oluwatosin Alao Oluwatosin Alao
Aliko Dangote, Africa's richest man & president of the Dangote Group.
BusinessHot News

Africa’s richest man Aliko Dangote bets on steel, power, ports expansion  

Aliko Dangote, Africa’s richest man, is broadening his industrial footprint beyond oil refining into steel, electricity, and ports.

Timilehin Adejumobi Timilehin Adejumobi
The Lobito Corridor project is moving from planning into full implementation
BusinessTechnology

Lobito Corridor advances into crucial execution phase

The Lobito Corridor project is moving from planning into full implementation, marking a key step for one of Africa’s most closely watched regional infrastructure efforts. Governments and development partners are shifting focus toward delivery, with a clearer push to align funding, timelines and technical standards.  Angola, Zambia and the Democratic Republic of the Congo are working alongside the World Bank,…

Oluwatosin Alao Oluwatosin Alao
MAG Group, Chad signing event
BusinessHot News

MAG Group bets big on Africa mining and infrastructure expansion

MAG Group positions itself as a major private player in Africa’s mining and infrastructure expansion drive.

Timilehin Adejumobi Timilehin Adejumobi
Upgrade supports Zambia’s copper exports and regional trade with Tanzania
BusinessTourism

Zambia secures China deal to rebuild crucial TAZARA railway

At a Glance Zambia has taken a significant step to revive one of Africa’s most important transport corridors, securing a $1.4 billion agreement with China to modernize the ageing TAZARA railway. The deal marks one of the country’s largest infrastructure commitments since emerging from a prolonged debt crisis. It also strengthens a route that remains critical for copper shipments, fuel…

Oluwatosin Alao Oluwatosin Alao