To receive this brief in your email every Monday, please subscribe here.
Week commencing 25 September 2017
Customs World, a subsidiary of Ports Customs and Free Zones Corporation Dubai, has signed an agreement to take over global IT consulting firm, West Blue Ghana. The takeover will automate customs, free zones and port processes in Ghana and also build Ghana’s capacities through the application of technology and services that will mirror Custom World’s operational model in Dubai.
Joy Online 20 September
The first phase of the Shire Valley Irrigation programme is expected to roll out in January 2018. The programme will be funded by the World Bank and the African Development Bank (AfDB) and is expected to run between 2018 and 2023. The World Bank has committed $160m while AfDB will contribute $50m. Once the project is complete it will boost agricultural production by helping farmers increase productivity.
The Times Malawi 21 September
Casa Transport has signed a long-term contract with the French owned transport operator RATP Dev. The project worth an estimated $468m and considered to be the most ambitious in urban transport made in the African continent, will see RATP Dev take over the operation and maintenance of Casablanca’s tramway network from 2017 to 2029.
Morocco World New 18 September
People’s Bank of Zanzibar (PBZ) has signed a contract with real estate developer, CPS Live, enabling PBZ customers to rent or own the modern houses CPS is developing at Fumba costal village in Zanzibar. The project aims to enable bank employees and customers to live and own modern houses while through affordable repayment. 80% of houses built in the first phase have already been sold.
Daily News 19 September
About 1,800 modern houses are planned for the city of Nampula as part of a project supported by a public-private partnership involving Chinese enterprises. The project, valued at $200m, will comprise of mixed apartments, detached and semi-detached houses. The first-phase investment of about $10m will cover project design, street layout, the first homes and a commercial area. The houses will cost between $80,000 to $160,000.
Club of Mozambique 22 September