Tag: water

TCTA secures US$1bn for development of the LHWP’s second phase

Frank

SOUTH AFRICA – The Trans-Caledon Tunnel Authority (TCTA), the South African government agency responsible for water management, has secured R15 billion (US$1.09 billion) from private investors. The funding is for the development of the second phase of the Lesotho Highlands Water Project (LHWP). Work is expected to accelerate at the Lesotho Highlands Water Project (LHWP) site. Trans-Caledon Tunnel Authority (TCTA), the South African government agency responsible for water management, has secured funding from private investors. The funding, worth R15 billion (US$1.09 billion), will be used to build a series of…

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Fordmax commences rehabilitation of solar powered drinking water supply

Frank

NIGERIA – Fordmax, a water company, has begun the rehabilitation of a drinking water supply system in Enugu State in south-eastern Nigeria which will be able to supply 28,000 m3 of water per day, will now be powered by solar photovoltaic energy. The use of solar energy is becoming more widespread in Nigeria. The company Fordmax, which won the contract to rehabilitate the Ninth Mile Crash drinking water supply system, has decided to solarise all the installations. The 12 boreholes were built a few years ago to improve the supply…

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Water equipment supplier Davis & Shirtliff opens new distribution center to boost capacity

Frank

KENYA – Water-related equipment supplier Davis & Shirtliff is set to enhance the distribution of its water and energy solutions across the continent with the new centre it has commissioned at Tatu City on the outskirts of Nairobi. The centre with a floor space covering 10,000 square metres is expected to help the firm improve customer experience and play a critical role in addressing perennial water and energy challengers in the region. “Distribution is the core competence that one needs in this digital age. This investment will greatly enhance distribution capacity…

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Deutsche Bank launches US$183m credit line for expansion of water supply in Keta

Frank

GHANA – Deutsche Bank, Germany’s largest bank, has just opened a €150 million (US$183.51m) credit line guaranteed by the Italian Export Credit Agency (Sace) for the implementation of two projects, including the rehabilitation and expansion of the water supply in Keta. The Ghana Water Company now has the funds for the implementation of its Keta Water Supply Rehabilitation and Expansion Project in the Volta Region. The public company is among the beneficiaries of a €150 million (US$183.51m) credit facility recently granted by Deutsche Bank for two projects: the construction of…

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French environmental group Suez to operate Gabal El Asfar wastewater treatment plant

Frank

EGYPT – Suez, a French group specialised in water and waste management, has been chosen by the Egyptian client Construction Authority for Potable Water and Wastewater (CAPW) to operate and maintain the Gabal El Asfar wastewater treatment plant in Cairo. The 4-year, €40 million contract will be executed in partnership with the Egyptian company Arab Contractors (ArabCo). Suez’s share in this envelope amounts to 28 million dollars. These funds will notably finance the operation and maintenance of two wastewater treatment lines with a capacity of 500 000 m³ per day…

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Lesico to begin construction of water supply in Ghana after securing US$102m

Frank

GHANA – Lesico, one of the leading Israeli infrastructure companies, has announced that all the preconditions for the execution of the construction and upgrade of a water supply facility in Ghana for 85 million euro (US$102.30m) have been met.  The company received a down payment of approx. 13 million euro (US$15.65m). The project, one of few projects that the company have signed in the past through its subsidiary, includes planning and execution of an upgrade and construction of a water supply facility for the Ghana national water company, and includes…

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Jospong Group secures US$60m from Hungary for construction waste water treatment plants

Frank

GHANA – The Jospong Group of Companies, a diversified holdings companies, has signed a contract worth €50 million (US$60.5m) with the government of Hungary for the construction of wastewater treatment plants in Tamale in the Northern Region and Takoradi in the Western Region. The projects will be funded by the EXIM Bank of Hungary. The Executive Chairman of the Jospong Group, Mr Joseph Siaw Agyepong, signed for his company, while the Hungarian Ambassador to Ghana, Mr András Szabós, signed for his country at a ceremony at the Embassy of Hungary…

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