30-10-2014 23:52:00 | by: Administrator | hits: 24777673 | Tags:

Investment firm AIIM, consortium acquire 25.8% stake in South Africa's MetroFibre
18-06-2021 | 10:58:00
The African Infrastructure Investment Managers (AIIM), along with a consortium comprising South African Housing & Infrastructure Fund (SAHIF), have agreed to acquire 25.8% interest in MetroFibre Networx.
World Bank steps up support to deepen regional integration in Africa
16-06-2021 | 13:02:00
The World Bank updated its approach to help strengthen regional integration in Africa. This reinforces the institution’s support to help the continent recover from the COVID-19 pandemic and realize its economic transformation through 2021-2023.
World Economic Forum, Ghana launch Country Financing Roadmap for SDGs initiative in Africa
15-06-2021 | 15:11:00
The World Economic Forum WEF), in partnership with the Government of Ghana, is launching the first Country Financing Roadmap (CFR) for SDGs initiative in Africa.
Asafo & Co. further expands its projects practice with hire of prominent London-based team
14-06-2021 | 09:18:00
Andrew Thomas is joining ASAFO & CO. London along with Winston Bell-Gam from Holman Fenwick Willan (HFW) with practice focuses on project finance with a particular emphasis on the power, pipeline, infrastructure, healthcare and transportation sectors.
TCTA, DBSA close R5.5 billion deal for Vaal River System’s Lesotho Highlands Water Project
11-06-2021 | 09:32:00
Trans-Caledon Tunnel Authority (TCTA), and the Development Bank of Southern Africa (DBSA), announced the conclusion of two loan facility agreements totaling R5.5 billion for the implementation of Phase II of the Lesotho Highlands Water Project.
Gridworks, AEE Power and Eranove sign concession agreements with DRC on $100m solar-hybrid power project
04-06-2021 | 08:28:00
A consortium led by Gridworks including Eranove and AEE Power, signed three concession agreements with the Ministry of Hydraulic Resources and Electricity of the Democratic Republic of Congo (DRC).
Uganda secures $200m to accelerate digital transformation and inclusiveness
04-06-2021 | 08:18:00
The World Bank approved $200 million financing to expand access to high-speed and affordable internet, improve efficiency of digitally enabled public service delivery, and strengthen digital inclusion in Uganda.
Decklar Resources announces progress on Oza-1 well re-entry in Nigeria
28-05-2021 | 10:41:00
Decklar Resources announced that the company continues to make considerable progress on Nigeria's Oza-1 well re-entry with the camp and all associated infrastructure fully installed and operational.
EBID grants $ 50m facility to Consolidated Bank Ghana
25-05-2021 | 08:03:00
The ECOWAS Bank for Investment and Development (EBID) has granted a $50 million facility to the Consolidated Bank Ghana (CBG), to support Ghana’s road infrastructure development.
Africa Finance Corporation issues $750m 7-year Eurobond at a yield of 2.99%
06-05-2021 | 07:23:00
In a sign of robust global investor interest in the continent, Africa Finance Corporation (AFC), a multilateral development financial institution dedicated to infrastructure financing in Africa, successfully issued a Eurobond at its lowest yield to date.
[Column] Joanne Yawitch: Climate change and sustainability: Demystifying the Just Transition
05-05-2021 | 16:25:00
Beyond its environmental components, addressing climate change is about economic competitiveness and opportunity.
DBSA launches second edition of the Youth Challenge in South Africa
05-05-2021 | 15:55:00
The Development Bank of Southern Africa (DBSA), launched the second edition of the DBSA Youth Challenge, a competition aimed at harnessing innovative solutions from young people in South Africa to help address infrastructure challenges.
[Nigeria] Marcelle Ruth Cancer Centre opens doors in Lagos
03-05-2021 | 13:42:00
In support of the Marcelle Ruth Cancer Centre & Specialist Hospital, the country’s first fully-equipped private oncology centre, GE Healthcare has completed the delivery and installation of advanced radiology and radio pharmacy equipment in Nigeria.
[Rwanda] Improvement of land management processes with GIS technology
03-05-2021 | 11:09:00
The Land Administration Information System (LAIS) by the Rwanda Land Management and Use Authority’s (RLMUA) is transforming the way the country manages, develops, and maps its land by using technology and improves the current process of titling and certification of land throughout the country.
Team Europe backs new Guinea-Mali power line with €330m financing to provide clean, affordable energy in West Africa
28-04-2021 | 09:36:00
Team Europe is backing the new Guinea-Mali 225 kV power line with €330 million financing to provide clean and affordable energy to millions in West Africa.
Southern Africa taps $380m in World Bank financing to facilitate regional trade
28-04-2021 | 08:56:00
The World Bank approved $380 million in financing to support Malawi and Mozambique increase regional trade coordination, reduce trade costs and time, develop regional value chains, and improve access to infrastructure.
[Nigeria] Shell taps community contractors for infrastructure projects
21-04-2021 | 08:14:36
When completed the Assa North Gas project will produce 600 million standard cubic feet of gas per day from its upstream facilities.
Nairobi is the most innovative city in Africa, Knight Frank report
08-04-2021 | 08:01:39
The report notes that the ability of African cities to emerge resilient from the pandemic will depend on their ability to innovate, providing long term social solutions to their residents, attracting funding and generating new demand for space.
World Bank approves $500m to support Ethiopia’s universal electricity access by 2025
07-04-2021 | 09:13:00
The World Bank approved a $500 million International Development Association (IDA) credit to support Ethiopia’s goal of achieving universal electricity access by 2025.
AfDB extends €145m loan to bolster railway safety and reliability in Egypt
06-04-2021 | 12:56:00
The African Development Bank (AfDB), approved a loan of €145 million to finance reliability and performance upgrades to the country’s rail system under the Egypt National Railways Modernization Project (ENRMP).
Sub-Saharan Africa poised for recovery amid recession, World Bank
31-03-2021 | 09:26:00
The economic growth in Sub-Saharan Africa is estimated to have contracted by 2.0% in 2020, closer to the lower bound of the forecast in April 2020, and prospects for recovery are strengthening amid actions to contain new waves of the pandemic.
[Cameroon] France’s Cegelec to deliver a 105 km transmission line to electrify 150 villages
24-03-2021 | 07:35:00
At the end of 2021, the French Cegelec will deliver a 105 km transmission line to electrify 150 villages which will boost the economic development of the region after the completion of the Lom Pangar dam power plant and transport infrastructure.
63 infrastructure projects developed in SADC region under Programme for Infrastructure Development in Africa plan
23-03-2021 | 11:31:00
A total of 63 regional infrastructure projects have been developed in the Southern African Development Community (SADC) region.
Africa urged to focus on green investments in energy for a green recovery from COVID-19
22-03-2021 | 08:24:16
Accessible, reliable, affordable, and sustainable electricity will underpin more inclusive, economic and sustainable industrialization across the continent.
Morocco moves closer to unlocking domestic gas riches
22-03-2021 | 07:53:06
Two significant gas projects that are poised to take final investment decisions (FID) in Morocco this year could add 70mmcfd of natural gas to the country’s energy mix in the next five years
New recruitment platform to be opened for more than 2,000 workers
22-03-2021 | 07:38:00
On the national territory, infrastructure construction of the Benin-Niger pipeline will create thousands of jobs which will make it effective in the next few weeks.
[Uganda] AfDB signs $229.5 million financing agreement for the Kampala-Jinja Expressway Project
19-03-2021 | 06:49:00
The African Development Bank and the Government of Uganda has signed a $229.5 million financing agreement for the first phase of the Kampala-Jinja Expressway Project, which will cut travel time and boost trade along an important artery linking Uganda with its neighbors.
TDB, Asoko launch digital dealroom for renewable energy projects in Africa
18-03-2021 | 09:35:00
The Eastern and Southern African Trade and Development Bank (TDB) and Asoko Insight announced the launch of the TDB Renewable Energy DealRoom, to accelerate the financing of renewable energy projects in the region served by TDB.
Axxela completes 18kilometers natural gas pipeline in South West Nigeria
18-03-2021 | 07:22:17
First gas has been delivered through this pipeline to Rite Foods Limited, the manufacturer of Bigi Drinks, Rite and Bigi Sausages, and Fearless Energy Drinks.
Liquid Telecom rebrands to Liquid Intelligent Technologies, expands to a consolidated technology group
16-03-2021 | 06:57:00
Liquid Intelligent Technologies, a pan-African technology group, announced the culmination of its extensive business transformation from being a telecommunications and digital services provider to a full one-stop-shop technology group.
AfDB approves $2.33m grant to support modernization of electronic payments infrastructure in Ethiopia
11-03-2021 | 07:53:00
The African Development Bank (AfDB) approved a grant of $2.33 million to EthSwitch Share Company, an initiative led by National Bank of Ethiopia, for the modernization of its payments infrastructure.
EGYPTAIR Tourism, Duty Free Co. land cloud contract with IBM
10-03-2021 | 13:37:00
IBM, EGYPTAIR Tourism and Duty Free Co. announced a new agreement in which the airline will leverage IBM Cloud to scale and modernize EGYPTAIR Duty Free back-end operations and host its SAP Travel Retail System.
AfDB purchases temporary bridges in Mozambique to replace infrastructure destroyed in cyclones
10-03-2021 | 07:27:00
The African Development Bank (AfDB) has finalized the purchase of 26 modular steel bridges to replace infrastructure that was destroyed in weather disasters in Mozambique.
World Bank approves $440m to support railway safety and service quality in Egypt
09-03-2021 | 08:54:00
The World Bank approved a $440 million loan to support Egypt’s initiatives to enhance the safety and service quality of the country’s railways.
InfraCo Africa invests in Acorn Holding’s $10m REIT for affordable student accommodation in Nairobi, Kenya
25-02-2021 | 14:04:00
InfraCo Africa, part of the Private Infrastructure Development Group (PIDG), has subscribed to the Acorn Holdings Real Estate Investment Trust (REIT) committing to support the delivery of affordable student accommodation in Nairobi.
IFC invests in Liquid Telecom bond to support broadband connectivity in Africa
25-02-2021 | 13:29:00
IFC invested in a bond issued by a subsidiary of Liquid Telecommunications Holdings, which will allow the telecoms and technology solutions company to expand access to broadband Internet and digital and cloud services across Africa.
Deutsche Bank, SACE partner to support infrastructure projects in Ghana
25-02-2021 | 12:58:00
Deutsche Bank announced the closing of two lending facilities with the Republic of Ghana. The €150 million financing agreements, guaranteed by the Italian Export Credit Agency SACE, will fund the construction and equipment of two infrastructure projects.
World Bank approves $250m to support electricity access in Angola
23-02-2021 | 09:20:00
The World Bank approved $250 million to improve the operational performance of the electricity sector utilities and increase electricity access in selected cities of Angola.
OPEC Fund extends $50m for poverty reduction in Tanzania
19-02-2021 | 08:10:00
The OPEC Fund for International Development (the OPEC Fund) signed a $50 million loan with Tanzania to finance the Fourth Tanzania Poverty Reduction Project.
[Morocco] IFC, Marrakech-Safi join forces to boost region’s investment potential
16-02-2021 | 07:54:00
IFC is expanding the scope of its support to subnational entities in Morocco through a new partnership with the Wilaya of the Region of Marrakech-Safi and the Regional Investment Center, to attract more investment and improve the business environment.
IFC more than doubles issuance of social bonds in FY2020 to over $3bn
11-02-2021 | 07:32:00
IFC released its new Social Bond Impact Report, showing cumulative volume raised from the program more than doubled in FY2020, bringing the total to over $3 billion since the program's founding.
EBRD supports new dry port development in Egypt
10-02-2021 | 15:16:18
The European Bank for Reconstruction and Development (EBRD) is supporting the construction of a dry port and logistics centre in 10th of Ramadan City, Egypt, with a €1 million contribution to project preparation and procurement.
The OPEC Fund, AFC sign $50m loan agreement to support post-COVID-19 African infrastructure
10-02-2021 | 15:00:00
The OPEC Fund for International Development (the OPEC Fund) and Africa Finance Corporation (AFC) have signed a $50 million loan agreement to help finance and build infrastructure needed for Africa’s post-COVID recovery.
[Kenya] NSE transitions to a new broker network
09-02-2021 | 14:52:25
The Nairobi Securities Exchange (NSE) announced it successfully transitioned to a new state of the art broker connectivity solution powered by Safaricom as the technology partner.
AfDB, WHO cut sod for Public Health Emergency Operations Center building in South Sudan
09-02-2021 | 14:06:00
The African Development Bank (AfDB) is financing the construction of the second phase of the Public Health Emergency Operations Center (PHEOC) in Juba, South Sudan.
[Ivory Coast] AFD and the EU finance Ivorian companies’ green projects
08-02-2021 | 13:50:23
An agreement has just been signed between the French Development Agency (AFD), the European Union (EU) and the General Confederation of Businesses in Ivory Coast (CGECI).
New economic analysis for Malawi calls for efficient public investment management to improve service delivery in water and energy
08-02-2021 | 10:50:10
Malawi faces an infrastructure investment gap in the energy and water and sanitation sectors of approximately $332 million per year due to limited fiscal space combined with weak public investment management and inefficient State Owned Enterprises.
Djibouti bets on Doraleh facility, infrastructure projects to grow economy
08-02-2021 | 10:50:01
In spite of the particularly challenging international economic situation arising from the health crisis, the Republic of Djibouti has entered the year 2021 with determination.
[TOGO] Government and Asseco Group set up a Computer Emergency Response Team
08-02-2021 | 09:10:00
A European cybersecurity firm, Asseco Group, and the government of Togo established a Computer Emergency Response Team (CERT-TG) whose mission is to protect the Togolese cyberspace.
[South Africa] Logistics property fund Equites announces sale of two UK distribution warehouses
04-02-2021 | 12:13:44
The JSE listed specialist logistics property fund, Equites, announced it has sold two high-quality UK distribution warehouses to real estate funds managed by Blackstone for £43.4 million.
CDC targets over $1bn annual investment in African businesses
22-01-2021 | 08:15:00
CDC Group, the UK’s impact investor and development finance institution (DFI), announced a commitment to invest over $1 billion again in African businesses in 2021.
InfraCo Africa, Global Logistics Services to commence construction on Liberia Inland Storage Facility project
21-01-2021 | 11:52:00
InfraCo Africa and Global Logistics Services have signed an Engineering, Procurement and Construction contract with Liberian contractor, BMC Group, to enable construction to commence on the Liberia Inland Storage Facility project.
Siemens Mobility signs MoU to install high-speed rail system in Egypt
18-01-2021 | 10:16:19
The National Authority for Tunnels, a governmental authority under the jurisdiction of the Ministry of Transport of Egypt, and Siemens Mobility signed an MoU to design, install and commission Egypt’s first ever high-speed rail transportation system.
[Kenya] Tatu City Partners with Konza Technopolis to Attract Investors
18-01-2021 | 07:44:48
Tatu City will collaborate with Konza Technopolis to attract investors to Kenya, Rendeavour’s Executive Vice President Preston Mendenhall and KoTDA’s CEO Eng John Tanui have jointly announced.
Acrow provides modular steel bridges to restore transportation lifelines in Mozambique
15-01-2021 | 09:02:00
Acrow, an international bridge engineering and supply company, announced it has provided 26 modular steel bridges to the National Road Administration of Mozambique, to restore vital transportation routes damaged by cyclones in 2019.
EIB accelerates climate disaster recovery, clean energy and transport investment in Madagascar
15-01-2021 | 08:26:00
Reconstruction of road and rail links in the Madagascan capital Antananarivo will be accelerated following the disbursement of €16.4 million by the European Investment Bank.
USTDA, TDB partner to strengthen infrastructure in sub-Saharan Africa
14-01-2021 | 13:55:00
The U.S.Trade and Development Agency (USTDA) signed a Memorandum of Understanding with The Eastern and Southern African Trade and Development Bank (TDB) to bring high-quality infrastructure solutions to sub-Saharan Africa.
Reganosa awarded contract to operate sub-Saharan Africa's first offshore LNG receiving terminal in Ghana
12-01-2021 | 08:51:59
Reganosa has been awarded the contract to operate and maintain a liquefied natural gas (LNG) regasification terminal in Tema, Ghana.
BUA Cement, Sinoma CBMI partner to construct cement plants in Nigeria
05-01-2021 | 13:20:00
BUA Cement signed an agreement with Sinoma CBMI of China for the construction of three new cement plants of 3million tonnes each per annum in Edo, Sokoto and Adamawa states of Nigeria to be completed by the end of 2022.
IFC signs $30m financing agreement to improve Morocco's infrastructure
18-12-2020 | 14:33:00
IFC signed $30 million financing agreement to support Morocco’s Fes-Meknès region expand and upgrade its rural road network, reducing regional inequalities and helping people in remote communities access jobs and social services.
AAIM raises $80m capital to finance sustainable infrastructure investments in sub-Saharan Africa
16-12-2020 | 13:32:00
African Infrastructure Investment Managers (AIIM), Africa infrastructure-focused private equity fund managers, has successfully completed a capital increase of $80 million for its flagship pan-African infrastructure fund, AIIF3.
World Bank approves $100m for Maputo Urban Transformation Project in Mozambique
11-12-2020 | 09:24:00
The World Bank approved a $100 million grant from the International Development Association (IDA) in support of Maputo Urban Transformation Project.
Africa calls for international taxation systems reforms as it forges a common position on digital taxation
09-12-2020 | 13:58:00
In Africa, the renewed focus to raise additional financing for development and narrow the resource gap by accelerating Domestic Resource Mobilisation (DRM), has been at the center of the development strategy in recent years.
African Development Fund approves $71.5m loan for road upgrading in Uganda
07-12-2020 | 07:09:00
The African Development Fund (ADF) approved a loan of $71.5 million to pave sections of two roads in southwestern Uganda, a project expected to boost livelihoods, school attendance and rural connectivity.
African Development Bank achieves satisfactory results in Madagascar
30-11-2020 | 08:51:07
The African Development Bank is achieving satisfactory results in Madagascar, according to the mid-term report of the Country Strategy Paper (CSP) for the period 2017-2021 and the performance review of the 2019 country portfolio.
Ericsson sees strong momentum in Sub-Saharan Africa
23-11-2020 | 08:50:18
A series of contracts in Kenya, South Africa, Madagascar and Benin, among others, highlight Ericsson’s growing footprint in Sub-Saharan Africa as communications service providers move to strengthen their networks.
South Africa's MetroFibre Networx completes new capital raise from AIIM and STOA
18-11-2020 | 11:12:00
African Infrastructure Investment Managers (AIIM), Africa’s infrastructure-focused private equity fund managers, has acquired a minority equity stake in MetroFibre Networx, a South African open access fibre network operator.
IFC, Somalia sign agreements to strengthen private sector growth, encourage investment
16-11-2020 | 15:06:00
IFC, a member of the World Bank Group, has signed its first formal agreements with the Federal Government of Somalia to support the country's goal to strengthen its private sector, attract investment, improve public services, and create jobs.
OPEC Fund helps strengthen food security in Senegal
10-11-2020 | 15:05:00
The OPEC Fund for International Development (the OPEC Fund) has signed a $20 million public sector loan agreement with Senegal to co-finance a project that will boost food security.
Africa Logistics Properties unveils $6 million warehouse facility in Kenya targeting SMEs
04-11-2020 | 13:52:21
Africa Logistics Properties (ALP) has launched $6 million warehousing facility for small businesses in Kenya.
Raxio Group to construct Ethiopia’s first private data centre
02-11-2020 | 08:47:00
Raxio Group has officially secured land at the ICT Park, in the outskirts of Addis Ababa, through its fully-owned subsidiary, Raxio Ethiopia, to construct country’s first private uptime certified Tier III colocation data centre.
Telecom Egypt to build Egypt's largest international data center
30-10-2020 | 09:36:00
Telecom Egypt, Egypt’s integrated telecom operator and subsea cables operators in the region is building Egypt's largest international data center facility.
[Senegal] PIDG supports local currency bond issue as port of Dakar moves to new enterprise zone location
29-10-2020 | 09:46:55
Private Infrastructure Development Group (PIDG), the Emerging Africa Infrastructure Fund (EAIF) invested $15 million in a local currency capital market bond issue by Senegal’s Port Autonome de Dakar (PAD), owner of the Port of Dakar.
USTDA launches call for initial proposals to expand Africa initiatives
27-10-2020 | 11:24:34
The USTDA issued a call for initial proposals to expand its grant-based support for feasibility studies, technical assistance and pilot projects that advance the U.S. government’s Prosper Africa and Power Africa initiatives.
Bollore Transport & Logistics handles 900 tonnes of equipment for Côte d'Ivoire thermal power station
12-10-2020 | 15:17:27
Bollore Transport & Logistics Cote d'Ivoire unloaded 900 tonnes of equipment, including a turbine, an electric generator and various other materials, in the Yopougon municipality of Abidjan.
Harith General Partners appoints Sipho Makhubela as new CEO
06-10-2020 | 10:02:48
Pan-African infrastructure financier, Harith General Partners has announced at its Annual Investors' Feedback meeting that Mr Sipho Makhubela has been appointed as its Chief Executive Officer.
[South Africa] LyondellBasell, Sasol form integrated polyethylene joint venture
05-10-2020 | 09:03:00
LyondellBasell and Sasol announced they have entered into a definitive agreement to form a 50/50 joint venture (JV) through which LyondellBasell will acquire 50 percent of Sasol’s 1.5 MM ton ethane cracker.
World Bank supports Madagascar's digital transformation and identity management system upgrades
05-10-2020 | 08:45:00
The World Bank approved a $140 million credit from the International Development Association (IDA) Scale Up Facility and a $3 million grant from the Global Financing Facility to strengthen Madagacsar's identity management system.
USTDA supports wind power projects in Mozambique
29-09-2020 | 12:06:12
The U.S. Trade and Development Agency (USTDA) expanded its support for Mozambique’s energy sector by funding two projects that will help deliver electricity to thousands of households through wind power and energy storage technology.
OPEC Fund approves $20m for SMEs in East Africa
28-09-2020 | 10:07:00
The OPEC Fund for International Development (the OPEC Fund) signed a $20 million term loan in favor of East African Development Bank, to support SMEs and infrastructure projects in East Africa.
Rack Centre announces $100m expansion to create West Africa’s largest data centre
25-09-2020 | 14:26:00
Rack Centre, carrier neutral data centre operator in West Africa, announced an expansion programme that will increase capacity to a total net lettable white space of 6000 square metres and allow for 13MW of IT power capacity in its Lagos campus.
[Ghana] Mahama has better track record on infrastructure than Akufo-Addo, poll
22-09-2020 | 16:55:00
Ghanaians have waded into the debate on which presidential candidate performed better in infrastructural development via the the second wave of the Ghana Election Poll which ran online from July 1 to August 1, 2020.
Vertiv introduces monitoring solution to deliver new capabilities to small and medium-sized edge data centres
22-09-2020 | 08:48:44
Vertiv introduced Vertiv™ Environet™ Alert, a new software offering that brings enterprise-level infrastructure monitoring and management capabilities to smaller data centres and edge facilities.
Global and African leaders welcome launch of Global Center on Adaptation (GCA) Africa
17-09-2020 | 08:26:00
The Global Center on Adaptation (GCA) Africa announced the launch of its regional office in Côte d’Ivoire. Hosted by the African Development Bank at its headquarters in the Ivorian capital Abidjan, GCA Africa will work with partners across the continent.
USTDA training to support Senegal’s energy sector, expand U.S. exports
14-09-2020 | 11:56:00
The U.S. Trade and Development Agency (USTDA) awarded a grant to Senegal’s national utility - Société Nationale d’Electricité (Senelec) for training that will help bring power to 440,000 people in rural communities using American technology.
DFC approves $3.6 billion of new investments in global development
14-09-2020 | 10:12:00
The U.S. International Development Finance Corporation (DFC) approved investments this quarter totaling more than $2.5 billion across nine projects that will advance development in Africa, Latin America, and emerging markets across the globe.
World Bank provides $130.8m to upgrade road infrastructure in Uganda’s West Nile sub-region
11-09-2020 | 09:15:00
The World Bank approved a grant of $130.8 million from IDA to ease the movement of goods and people and improve access to social services and job opportunities in the refugee hosting districts in the West Nile sub-region of Uganda.
World Bank approves $750m to boost regional integration, national development in Kenya
09-09-2020 | 10:31:00
The World Bank approved $750 million financing to improve the movement of people and goods, digital connectivity and access to social services for over 3.2 million people living in Kenya's North Eastern region
BUA Group, Axens partner for upcoming refinery and petrochemical plant in Nigeria
04-09-2020 | 14:13:00
BUA Group signed an agreement with Axens of France for the supply of process technologies for its upcoming 10million tonnes per annum mega refinery and petrochemicals facility to be sited in Akwa-ibom, Nigeria.
USTDA supports Senegal’s first major gas pipeline
03-09-2020 | 09:56:00
The U.S. Trade and Development Agency (USTDA) announced grant funding for a feasibility study to develop Senegal’s first major domestic onshore gas pipeline.
EBRD supports infrastructure services in Morocco
02-09-2020 | 13:19:11
The European Bank for Reconstruction and Development (EBRD) is supporting the delivery of vital infrastructure services in Morocco with a €300 million financing package to state-owned utility and transport companies.
TDB, AFD sign $150m credit line to finance green infrastructure in Africa
25-08-2020 | 09:11:00
The Eastern and Southern African Trade and Development Bank (TDB) and Agence Française de Développement (AFD) signed a $150 million credit line agreement aimed at financing climate infrastructure projects in Africa.
Government begins feasibility study for Brass shipyard project in Nigeria
19-08-2020 | 12:49:00
The Federal Government of Nigeria commenced feasibility study for the construction of a shipyard in Brass Island, Bayelsa State, which would cater for the maintenance and repair services of cargo vessels, oil tankers, and LNG carriers.
IFC loans WIOCC to support increased broadband connectivity across Africa
18-08-2020 | 15:18:03
IFC announced a loan to the West Indian Ocean Cable Company (WIOCC) to help the telecoms infrastructure provider expand and improve affordable internet connectivity as it continues to serve over 30 countries in Africa.
[South Africa] DBSA signs MOA to establish and manage the Infrastructure Fund
18-08-2020 | 09:46:00
The Development Bank of Southern Africa, the National Treasury, and the Department of Public Works and Infrastructure signed a Memorandum of Agreement in respect of the DBSA’s mandate to establish and manage the Infrastructure Fund.
Bechtel completes ten year partnership supporting Gabon’s roadmap to prosperity
18-08-2020 | 08:29:00
Bechtel has completed its decade-long master planning and construction partnership with the Government of Gabon, together creating a roadmap to prosperity.
[Column] Michael Finch: COVID-19 and beyond, data center as a mission critical resource
14-08-2020 | 12:38:00
COVID -19 has altered industries across the globe highlighting just how dependant the world is on data, with the Global Data Center Security Solutions Market expected to grow by $5 billion during 2020-2024.
UNRSF, GRSF partner to improve road safety delivery in World Bank funded projects in Tanzania
11-08-2020 | 08:35:00
The Global Road Safety Facility (GRSF) and the United Nations Road Safety Fund (UNRSF) will jointly support a comprehensive evaluation of the first global deployment of the Ten Step Plan for Safer Road Infrastructure in Tanzania.
Kenya receives $150m to improve living conditions for residents in urban informal settlements
10-08-2020 | 08:36:00
The World Bank approved a $150 million International Development Association credit to improve tenure security and access to basic services for 1.7 million residents living in selected Kenya’s urban informal settlements.