Ghana To Build $1.2 Billion Eco-Tourism Project In Accra

Kakum Ecoplanet

 Ghana’s government has launched an eco-tourism project worth 1.2 billion dollars that will see a forest being destroyed by encroachments and waste dumps turn into a world class recreational destination with amusement parks, orchards, arboretum, wildlife safaris, museums, eco-commercial enclaves and eco-lodges with a little disruption to the eco system. In addition, the project which will […]

Japanese Government Donates Solar Power Worth $9.7 Million To Nigeria

Solar Power

 The Japanese government has donated solar power worth $9.7 million to the Federal government to boost electricity in the country. The donation was made through its agency, Japan International Cooperation Agency (JICA) Chief Representative of JICA, Nigeria office, Mr Hirotaka Nakamura, said improving core infrastructure including power sector in Nigeria was one of the priority […]

Chinese Government Offers 200 Zambian Students University Scholarships

China Zambia

 The Chinese government has offered 200 Zambian students scholarship awards this year to pursue various degree programs in China a Chinese envoy said Wednesday. During a pre-departure ceremony held for the beneficiaries in Lusaka the Chinese Ambassador to Zambia; Yang Youming said that education is one of the important areas of cooperation between China and […]

Kaduna State To Save N360 Million Through New Energy Efficiency Policy

Mallam-Nasir-el-Rufai

 As part of Governor Nasir El-Rufai’s efforts to boost energy efficiency in Kaduna State, the government announced on Monday it’s plans to ban the sale of of high energy consuming bulbs. Disclosing this to the media at the state capital, the state’s Commissioner for Budget and Planning, Muhammad Abdullahi said before the ban is in […]

I Didn’t Know There Was Much Corruption During My Regime – Goodluck Jonathan

GEJ

 As anti-corruption agencies in Nigeria intensify efforts to recover stolen funds from political office holders who served in the last dispensation, former president Goodluck Jonathan has admitted he was unaware that much corruption occurred under his regime. In a meeting with President Buhari recently, it was gathered that the Bayelsa born politician was shocked when […]

China To Invest 11 Billion Rand In South Africa’s Automobile Industry

A worker works at a plant of Hyundai Motor in Asan

  A Chinese state-owned car manufacturing company will invest 11 billion rand ($819 million) in a new plant in South Africa, giving a further boost to one of the fastest-growing industries in the continent’s largest economy. Beijing Automotive International Corp. signed the deal with the Coega Development Corporation, the operator of an industrial development zone […]

Presidential Election In DR Congo Has Been Postponed Due To Lack Of Funds

Joseph Kabila

 The Electoral body in the Democratic Republic of Congo (DRC) on Saturday disclosed that presidential elections in the country will be delay until at least July 2017. The Independent National Electoral Commission (CENI) cited lack of funding and delays in voter registration as the major factors behind the postponement. This announcement effectively means that incumbent […]

Libya Seeks To Restart Oil Exportation And Revive Its Ailing Economy

Libya Oil

 s Libya seeks to restart oil exportation and revive its ailing economy, the country’s national oil corporation chief Mustafa Sanalla says the government needs to spend in order to boost the much needed oil revenue. Libya’s Government of National Unity has an ambitious plan to increase oil output by five-fold by the end of this […]

Tough Times Ahead – President Buhari Admits Nigeria Is Broke

President Buhari

  Nigeria’s president Muhammadu Buhari has admitted to UN officials that his country is broke and facing a tough economic situation. He was speaking on Friday during a visit to Abuja by the United Nations Population Fund Executive Director and Under-Secretary General of the United Nations Prof. Babatunde Osotimehin. Buhari says Nigerians are suffering because […]