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South Sudan makes minor oil discovery, first since independence

South Sudan has made a small oil discovery in Northern Upper Nile State, its first since independence in 2011 when exploration was interrupted by war and instability, the oil minister said on Thursday

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FilmoRealty partners with Microsoft in move into proptech

FilmoRealty, a leading real estate services company in Nigeria with a focus on facilities management and project management has partnered with Microsoft to transform the real estate services industry in Nigeria.

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AMCON Takes Over Donald Duke’s Ikoyi Home

The Federal High Court in Ikoyi, Lagos, has ordered the Asset Management Corporation of Nigeria and United Bank for Africa to take over a property belonging to a former governor of Cross River State, Donald Duke. Justice Chuka Obiozor made the order following an ex parte application filed by AMCON and UBA.

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Construction of US $197m Dr Pixley Hospital in South Africa nears completion

Construction of US $197m Dr Pixley Ka Isaka Seme Memorial Hospital in KwaMashu South Africa nears completion. Project contractors, Enza Construction confirmed the report and said that the development is scheduled to open its doors by December 2019.

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Ghana commissions US $52m Upper West Regional Hospital

Ghana has commissioned a US $52m, 160-bed Upper West Regional Hospital. Construction of the facility, which started in 2014, was financed by Euroget-De Invest, an Egyptian company.

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Ghana secures GH¢62m Danish facility to build seven bridges in the North

The Ghana government has secured a Danish facility of over GH¢62 million to build seven bridges in the North, under a project dubbed “Northern Bridges Project”.

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Landwey acquires stake in real estate tech firm Vistafront

Real Estate firm, Landwey, has acquired a stake in tech platform for funding real estate projects online, Vistafront. Landwey  acquired 25% stake in Vistafront to become one of its major investors.

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Yobe Gets N10 Billion Loan to Build 2,600 Houses

The Governor of Yobe State, Mai-Mala Buni, on Monday signed an agreement with a public housing finance company, Family Home Fund (FHF) Ltd, to build 2,600 houses across the state. The N10.8 billion will be used to build houses in seven locations around the state.

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Ghana begins renovation works on Cape Coast Sports Stadium

Renovation works on Cape Coast Sports Stadium in Ghana have begun. Minister for Youth and Sports, Hon. Isaac Kwame Asiamah confirmed this after his inspection visit at the site.The Cape Coast Stadium is Ghana’s first sports project of this scale since the country hosted its last Cup of Nations in 2008. It was constructed in […]

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African Development Bank and Ethiopia sign agreement for first phase of Ethiopia–Djibouti transport corridor

The government of Ethiopia and the African Development Bank Group have signed a USD98-million grant agreement from the African Development Fund (ADF). The grant aims to finance the first phase of the Ethiopia–Djibouti Road Transport Corridor Project.The project aims to enhance trade through reducing transport costs accelerating the economic growth of Ethiopia and its neighbor […]

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