Tag: Infrastructure

Mozambique to Host South Africa Energy, Infrastructure Summit

March 3, 2016/EnergyNet Ltd Gigawatt Mozambique announced this week a $200-million investment into Mozambique’s power sector, alongside several global stakeholders including Standard Bank and the World Bank, amongst many others. The investment will assist in harnessing Mozambique’s natural-gas resources, which will further benefit many of Mozambique’s neighbours in the southern Africa region. This – along with […]

Devaluation Not Only Option to Resolve Nigeria’s Economic Woes-Expert

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- Johnson Chukwu, managing director (MD) of Cowry Asset Management Limited on Thursday said not only devaluation; but a cocktail of policies amongst others are some of the alternative options to solving Nigeria’s economic crises. Chukwu says these include exchange rate adjustment, creating windows of […]

FG to invest $2.9tn in infrastructure stock

The Federal Government has said it will invest $2.9tn in its infrastructure stock as part of plans to address the infrastructure deficit in the country. The Minister of State for Finance, Dr. Yerima Ngama, said this in Lagos on Monday at an infrastructure roundtable organised by the Securities and Exchange […]