Aim-listed Bushveld Minerals subsidiary Lemur Resources expects its proposed integrated coal-fired power project in south-western Madagascar to contribute some $30-million a year to the country's economy. Further, the proposed project is exepcted to inject some $300-million of foreign direct investment over three years. Lemur has invested over $10-million in the project, which is currently in the feasibility stage, undergoing a detailed design. Phase 1 of the project comprises a 136-million-ton coal mine, a 60 MW coal-fired power plant and over 200 km of transmission line.
Dans Africa Intelligence (subscription)
MADAGASCAR : Reformed Protestant Church FJKM takes on Free Masons
Reacting to the pastor's verbal assault, the Grand Master of the Grand National Lodge of Madagascar (FLNM), Hasina Rakotobarison, thought it ...
