Hotpoint Appliances shifts to its US$10m state of the art headquarters

Hotpoint Appliances shifts to its US$10m state of the art headquarters

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KENYA – Hotpoint Appliances Ltd, a supplier of consumer electronics and entertainment products, has completed its move into their new Ksh1.1 billion (US$10m) offices block. According to Soko Directory, the new headquarters will also house the company’s East Africa headquarters, distribution center…

MTN Ghana introduces new security measures to tackle mobile money fraud

MTN Ghana introduces new security measures to tackle mobile money fraud

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GHANA – MTN Ghana has introduced new security measures to protect mobile money users from fraudulent activities and ensure customers have enhanced user experience. Some security measures being outlined by MTN Ghana to protect registered subscribers include re-introduction of ‘allow cash out’…

Nigeria inaugurates Kebbi solar hybrid power plant to increase rural access to electricity

Nigeria inaugurates Kebbi solar hybrid power plant to increase rural access to electricity

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NIGERIA – The Federal Government of Nigeria in September this year inaugurated 98.8KW solar hybrid mini grid power plant at Kare-Dadin Kowa, in Kebbi State. According to a statement from the Rural Electrification Agency, the Kebbi Solar power plant demonstrates the Federal…

Namports new container terminal now fully operational

Namports new container terminal now fully operational

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NAMIBIA – Namibian Ports Authority’s new N$4.2 billion (US$0.29bn) container terminal, built on 40 hectares of land that was reclaimed from the Atlantic Ocean at Walvis Bay, is now fully operational. Namport, is a state-owned enterprise managing principally the ports of Walvis…

Nigeria’s petroleum corporation secures US$2.5bn to finance pipeline project

Nigeria’s petroleum corporation secures US$2.5bn to finance pipeline project

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The Nigerian National Petroleum Corporation has secured funds amounting to US$2.5billion to finance its pipeline project. According to the Group Managing Director, Nigerian National Petroleum Corporation, Mallam Mele Kyari, the corporation secured the funds through a deal agreement with a Chinese lender….

Ghana secures US$23.8 million for rehabilitation of Dome-Kitase Road Project.

Ghana secures US$23.8 million for rehabilitation of Dome-Kitase Road Project.

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GHANA – The Ghanaian government has secured US$ 23.03 million (7 seven million Kuwaiti Dinars) loan from the Kuwait Fund for Arab Economic Development to finance the rehabilitation of Dome-Kitase Road Project. The Ghanaian government was represented by Mr Ken Ofori-Atta, the…