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Thursday, August 30, 2018

IFC seeks specialist developer for early-stage development of hydroelectric station in Malawi - HydroWorld

IFC seeks specialist developer for early-stage development of hydroelectric station in Malawi - HydroWorld: IFC seeks specialist developer for early-stage development of hydroelectric station in Malawi
08/30/2018



(Sponsored Content)

The Government of Malawi has engaged International Finance Corporation (IFC) for the development of a hydroelectric power station at Mpatamanga on the Shire River in Malawi. IFC wishes to outsource the early-stage development of the project to a specialist developer, prior to a competitive tender in accordance with applicable Malawian law.

IFC intends to select the specialist developer through a selection week to be held in Lilongwe. During the selection week, currently scheduled for 24 September 2018, the IFC team will present the project and the opportunity to partner with IFC, while participating developers will be able to present their credentials and proposals.�

Mutharika move to end electricity woes in Malawi: Pushes for coal-fired power plant with China Energy Group | Malawi Nyasa Times - Malawi breaking news in Malawi

Mutharika move to end electricity woes in Malawi: Pushes for coal-fired power plant with China Energy Group | Malawi Nyasa Times - Malawi breaking news in Malawi



with China Energy Group
August 30, 2018 Nyasa Times Reporter 1 Comment
Pushes for coal-fired power plant
Malawi President.Peter Mutharika seems to be making good use of his time in Beijing, China where he has gone to attend the 2018 Forum for China-Africa
Corporation (FOCAC) as on Thursday, two days before the official
generation project to build a coal-fired power plant at Kammwamba.
Mutharika and his delegations met the Chairperson of the
China Energy Engineering Group Ltd (CEEC) the Parent
company of the China Gezhouba Group International
Engineering Company; Wang Jianping and directors of the
opening of the summit, he met Chinese consortium of companies to discuss energy

Tuesday, August 28, 2018

Sovereign Metals: Bulk Sample Drilling for Pilot Plant Program Commences at Malingunde Graphite Project - IR-WORLD

Sovereign Metals: Bulk Sample Drilling for Pilot Plant Program Commences at Malingunde Graphite Project - IR-WORLD: Sovereign Metals: Bulk Sample Drilling for Pilot Plant Program Commences at Malingunde Graphite Project
Sovereign Metals: Bulk Sample Drilling for Pilot Plant Program Commences at Malingunde Graphite Project

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Sovereign Metals Limited (“the Company” or “Sovereign”) is pleased to announce of the commencement of a drilling program to extract ~100 tonnes of ore to be used for a pilot processing program and production of bulk graphite concentrates from its world-class Malingunde Saprolite Hosted Graphite Project in Malawi.

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Acceleration of the pilot program and the production of bulk concentrates has been driven by significant demand from potential offtake partners, as they seek greater quantities of product for continuation and upscaling of testing and qualification.

Economy to sustain solid growth—RBM - The Nation Online

Economy to sustain solid growth—RBM - The Nation Online: Economy to sustain solid growth—RBM Chikondi Chiyembekeza August 28, 2018 0 Comments � Amid power outages that have subdued economic growth, the Reserve Bank of Malawi (RBM) says the country’s economy is expected to sustain momentum this year but not as much as in 2017. “The economy is expected to grow by four percent down from 5.1 percent in 2017 and is expected to rebound to six percent in 2019.

Thursday, August 23, 2018

Malawi opens up airspace - The Nation Online

Malawi opens up airspace - The Nation Online: Malawi opens up airspace Orama Chiphwanya August 23, 2018 0 Comments � Local and international airlines could benefit from air travel business following Malawi Government’s signing of aviation agreements with a number of countries to enable airlines to operate to and from the country. Ministry of Transport and Public Works spokesperson James Chakwera said in an interview on Tuesday government continues to create an enabling environment for airlines to operate to promote air transport

Mkango Resources Ltd on 'clearly defined pathway' to production with drilling at Songwe Hill underway

Mkango Resources Ltd on 'clearly defined pathway' to production with drilling at Songwe Hill underway: Mkango Resources on 'clearly defined pathway' to production with drilling at Songwe Hill underway
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14:17 21 Aug 2018
Mkango is now well underway with the largest drill programme to date at Songwe

Wednesday, August 22, 2018

Old Mutual rebrands, readies for growth - The Nation Online

Old Mutual rebrands, readies for growth - The Nation Online: Old Mutual rebrands, readies for growth Staff Writer August 21, 2018 0 Comments Old Mutual Limited has unveiled a new brand identity to reflect its fresh customer-led approach and stronger focus on Africa. In a statement yesterday quoting chief marketing officer Vuyo Lee, the company, which had its primary listing on Johannesburg Stock Exchange (JSE) in June this year, said the new visual personality draws on the optimism, vibrancy and seize-the-day spirit of the continent, reinforcing the message of ‘Made in Africa for Africans’

Treasury to issue K20bn 3-year note - The Nation Online

Treasury to issue K20bn 3-year note - The Nation Online: Treasury to issue K20bn 3-year note Orama Chiphwanya August 21, 2018 0 Comments Treasury will on Thursday issue a K20 billion three-year Treasury Note which will later be listed on the Malawi Stock Exchange (MSE) to refinance rising domestic debt. The Treasury Note—a government debt security with a fixed interest rate and a maturity of between one and 10 years—will be issued at a coupon (interest) rate of 14 percent, which is above the inflation rate currently at 8.6 percent

Lilongwe Business Park creates 200 jobs—official - The Nation Online

Lilongwe Business Park creates 200 jobs—official - The Nation Online: Lilongwe Business Park creates 200 jobs—official Christopher Jimu August 21, 2018 0 Comments China Lilongwe Grand Holdings Limited, which is building a $100 million (about K73 billion) Lilongwe Business Park, says it has created 200 jobs for Malawians so far. Speaking in an interview on Friday in Lilongwe, the firm’s executive president Zanjiang Ma said, so far,� they have employed builders and other artisans, but once completed, 1 500 jobs will be created.

300MW coal-fired power plant process takes off - The Nation Online

300MW coal-fired power plant process takes off - The Nation Online: 300MW coal-fired power plant process takes off
Orama Chiphwanya August 22, 2018 0 Comments
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After three years of talk and no action, the process to start work on the 300 megawatts (MW) Kam’mwamba Coal-Fired Power Plant Project in Neno, with a lifespan of 30 years, seems to have started, The Nation has been established.

Kam’mwamba Power Generation Company Limited (KPGC), a special purpose vehicle to implement the project, is seeking suppliers of limestone of between 17 600 and 21 000 tonnes per year, to be used during the operation of the power plant