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June 29, 2022

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World’s longest subsea cable spanning 45,000km has landed in Nigeria

Meta’s 2Africa subsea cable, which is 45,000 km long, has reached the shores of Lagos State and Akwa Ibom State in Nigeria. The deep-sea cable project will connect 32 other African countries and directly support economic development in Africa, fostering further growth of 4G and 5G and increased broadband penetration to millions of people and …

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Mozambique to build 10000 small dams in the next 10 years

The government plans to build around 10,000 small dams over the next ten years, with a view to retaining rainwater for human consumption and agriculture, as well as for electricity generation, Notícias reports. The construction of the dams is foreseen in the recently approved strategic plan of the Fund for Investment and Assets of Water …

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European Investment Bank

Egypt obtains financing of 135 million euros from the European Investment Bank for a sustainable green industry project

The Ministry of International Cooperation signed a development financing agreement with the European Investment Bank, worth 135 million euros, and a grant from the European Union worth 30 million euros managed by the European Investment Bank, to contribute to financing the “Sustainable Green Industry” project, for the benefit of the Ministry of Environment (Environmental Affairs …

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