By the AFREEQUE newsroom, based on Taarifa
Rwanda and Nigeria are examining the possibility of jointly producing military equipment. Taarifa reports on the proposed cooperation, without specifying the equipment involved or the project’s timetable.
Summary produced with the help of artificial intelligence tools, under AFREEQUE’s editorial responsibility.
Ma’Zaine Foods, a Nigerian food-processing company founded by Maryam Yakubu, has received a $50,000 investment from EHA Impact Ventures. The funding will pay for equipment and the launch of production of ready-to-use therapeutic foods to tackle severe acute malnutrition in children, according to Businessday.
🇳🇬 Nigeria · Source: Businessday ·
Libya’s National Oil Corporation plans to complete the installation of associated gas recovery equipment at the offshore Bouri field by the end of October, with a stated capacity of around 100 million cubic feet a day. The project is intended to supply the domestic market and power generation, while reducing CO₂ emissions by 1.5 million tonnes a year, according to the NOC.
🇱🇾 Libya · Source: Libya Herald ·
Rwanda is considering a 200-megawatt floating solar power plant on Lake Sake, which could attract private capital and increase local participation in the energy sector. The New Times presents the project as an investment opportunity, without giving a timeline for its implementation.
🇷🇼 Rwanda · Source: Newtimes ·
The Nyabarongo II dam in Rwanda is more than 80% complete and is due to produce 43.5 megawatts of electricity while supporting agricultural irrigation and flood control. The 68-kilometre project is also expected to create economic opportunities for residents of eight districts, Imvahonshya reports.
🇷🇼 Rwanda · Source: Imvahonshya ·
Rwanda closes 250 non-compliant alcoholic drinks factoriesRwandan authorities have closed 250 factories producing alcoholic drinks of substandard quality, Health Minister Sabin Nsanzimana announced. Another 200 businesses that had applied for licences had not yet started operating; the minister cited these figures at a meeting of the National Consultative Forum of Political Organisations, Ktpress reports.
Nedbank finalises takeover of 66% of Kenya’s NCBASouth African bank Nedbank has conditionally completed its takeover of about 66% of Kenyan bank NCBA for 13.9 billion rand. The share transfer is expected around 3 November, after approval from the Central Bank of Kenya, according to BusinessDay.The week in Africa
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