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BADEA loans Côte d’Ivoire $75m for construction of 7,500 social houses
The Arab Bank for Economic Development in Africa (BADEA) and Cote d’Ivoire signed Monday a loan agreement worth $75 million to be used for the construction of 7,500 social and economic houses to address the housing crisis dogging the West African country. Sidi Ould Tah, Director General of the bank and Adama Coulibaly, Finance Minister […]
Biwater Wins $3.4 Mln Contract for Renovation of Wastewater Treatment Plant in Casablanca
British water engineering company Biwater has won a $3.4m contract for the renovation of the Sidi Othmane slaughterhouse wastewater treatment plant in Casablanca, one of Africa’s largest abattoirs. Under the contract, Biwater will revamp the existing slaughterhouse wastewater treatment plant, providing cutting-edge technology to improve the quality of the effluent on site, ensuring the treatment […]
Morocco-based Themis to develop 550MW natural gas-fired power plant in Nigeria
Private Equity-backed Themis, an Africa-focussed power company based in Morocco, has announced a new partnership with Kingline Development Nigeria Limited (Kingline) to develop a 550MW natural gas-fired power plant in Ondo State, Nigeria. At a project cost of approximately $600 million, the plant is set to become one of the world’s lowest cost natural gas-fired […]



