ABDAS – Africa information and Business Directory
Africa information and Business Directory
Africa, which is rich in natural resources such as gold, cobalt, copper, uranium, crude oil, natural gas etc, is starting to realize that it needs to end its reliance on …
Tanzania Is Going to Be Africa’s Largest Energy Hub in the Indian Ocean Read More
Tanzania and South Korea just signed agreements for USD 1 billion concessional loans to finance development projects. The agreements were signed by the permanent secretary of the Ministry of Finance …
South Korea Agrees USD 1 Billion Loan to Tanzania Read More
Kenya has been urged to collaborate with Mauritius in order to achieve robust economic growth that is both inclusive and sustainable. Industry players have noted various similarities between Mauritius and …
Kenya Collaborates With Mauritius to Strengthen Economic Growth Read More
Following the conclusion of a prequalification round, Mozambique has selected seven potential investors for the development of the 1,500MW Mphanda Nkuwa Hydroelectric Project, located on the Zambezi River in the …
Potential Investors Selected for Mozambique Hydro Project Read More
CoP27, the world’s biggest climate meet begins in Africa November 6, 2022. But, a part of the continent with the least emissions, is already doing its bit to stem the …
The Continent’s East Bets on Geothermal Read More
The funding partners of the Covid-19 Off-Grid Recovery Platform have announced an additional $20 million in funding. The programme aims to support the recovery of the off-grid solar power sector, …
AFRICA: Green Off-Grid Support Mechanism Extended With $20m Read More
In a new report by the World Bank, researchers recommend investing $127 billion in green mini-grids to provide access to electricity for half a billion people in developing countries, particularly …
AFRICA: $127bn Investment Needed To Unlock Potential of Green Mini-Grids Read More
The Government of Ethiopia signalled its readiness to issue license for a United States company to commence the long awaited gas and oil production. This is indicated by Eng. Takele …
Ethiopia to Allow US Company Produce Gas and Oil Read More
Ethiopia has announced a discovery of 7 trillion cubic feet of natural gas in the Ogaden. An American based petroleum property analysis and consulting firm, Netherland, Swell & Associates, verified …
Ethiopia Discovers 7 Trillion Cubic Feet of Natural Gas in Ogaden Read More
Ethiopia attracted about 3.31 billion U.S.D in foreign direct investment (FDI) in the Ethiopian 2021/2022 fiscal year which ended on July 7 2022, the Ethiopia Investment Commission (EIC) disclosed on …
Ethiopia Reports More Foreign Direct Investment Read More