Sierra Leone's President opened a tender process on Wednesday for building a 7 km bridge at a cost of up to $2-billion to link Freetown to the country's only international airport. Freetown International Airport at Lungi is currently accessible only by boat or helicopter, separated from the capital by the nearly five km (three mile) [...]

Nigeria will consider the interests of its industries in deciding whether to sign up to a $3-trillion Africa free-trade agreement, President Muhammadu Buhari said in a meeting with local manufacturers on Wednesday. The African Continental Free Trade Agreement (AfCFTA) encompasses 1.2-billion people. Fifty-two of the 55 countries that make up the African Union (AU) have [...]

World Bank and Global Facility for Disaster Reduction and Recovery in its latest report had found that the net benefit (on average) of investing in more resilient infrastructure in low- and middle-income countries would be $4.2-trillion, or $4 in benefit for each $1 invested. The report, titled “Lifelines: The Resilient Infrastructure Opportunity” laid out a [...]

Trans-Caledon Tunnel Authority (TCTA) announced on Wednesday that it had commenced with the implementation of the Mokolo-Crocodile Water Augmentation Project Phase 2A (MCWAP-2A) project, which is strongly associated with minerals and energy projects in the Limpopo province and is, thus, facing opposition from environmental justice groups. The estimated capital cost of the MCWAP-2A project is [...]

State-owned freight utility Transnet and manganese producer United Manganese of Kalahari on Wednesday “renewed their business vows” by signing an R8.5-billion contract to move two-million to three-million tonnes a year of manganese by rail to six South African exports channels. Transnet commercial sales and marketing group executive Mike Fanucchi noted that the contract would be [...]

The South African government will spend about R38-billion over the next three years on the procurement of new trains for the Metrorail service, as well as on the modernisation of signalling systems, depots, perway and stations, says new Transport Minister Fikile Mbalula. “The expenditure will ensure that the current Metrorail system is modernised to deliver [...]

Steinhoff International Holdings reduced its loss by 70% in the fiscal year ended in September, the South African retailer’s first step toward recovering from an accounting scandal. The net loss was €1.2-billion during the period, down from €4-billion in the previous year. The owner of Conforama in France and Mattress Firm in the US was [...]

Anadarko Petroleum approved a $25-billion liquefied natural gas (LNG) project in Mozambique that could help transform the economy of one of the world’s poorest countries. CEO Al Walker signed off on what he called the biggest ever foreign investment in Africa. Anadarko sees potential for Mozambique to become one of the largest LNG suppliers in [...]

Trillian Capital Partners has been ordered to pay back Eskom almost R595-million by the High Court in Pretoria. The ruling was handed down on Tuesday. Approached for comment, Eskom said it would need to refer to its legal team for more information. The court ruled that payments from the State-owned power utility to Trillian were [...]

Online entries for global sugar producer AB Sugar’s Innovate Irrigation Challenge, which is aimed at generating new ideas to reduce water losses from irrigation in the sugar industry, will be open for a 48-hour period over June 19 and 20. The global initiative was launched by AB Sugar in partnership with WaterAid and the Centre [...]

A court in Democratic Republic of Congo on Monday upheld the government's suspension of the second-generation (2G) telecoms licence of Vodacom Group's local unit, an official at the telecommunications ministry said. John Aluku, the minister's chief of staff, said that the Council of State issued the judgment, which cannot be appealed.

South African State-owned regional airline SA Express (SAX) affirmed on Friday that it was making substantial progress in its turnaround programme. It has also been taking action against employees found to have been engaged in wrongdoing. All those employees who have been charged with offences, and found to be guilty, have been fired from the [...]