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30-10-2014 22:52:00 | by: Administrator | hits: 21216273 | Tags:

Global and African leaders welcome launch of Global Center on Adaptation (GCA) Africa
17-09-2020 | 06:26:00
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 | 09:56:00
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.
BUA Group, Axens partner for upcoming refinery and petrochemical plant in Nigeria
04-09-2020 | 12:13:00
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.
TDB, AFD sign $150m credit line to finance green infrastructure in Africa
25-08-2020 | 07:11:00
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 | 10:49:00
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 | 13:18:03
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 | 07:46:00
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 | 06:29:00
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 | 10:38:00
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 | 06:35:00
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 | 06:36:00
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.
African Infrastructure Investment Managers appoints new joint-MDs
06-08-2020 | 05:54:28
African Infrastructure Investment Managers (AIIM), a member of Old Mutual Alternative Investments and Africa’s most experienced infrastructure manager, has appointed two joint-managing directors.
F5 launches Silverline Cloud Platform Point of Presence to serve African businesses
05-08-2020 | 05:52:00
F5 Networks has launched a new Silverline Cloud Platform Point of Presence (PoP) that will significantly boost Managed Security Services capabilities for African businesses.
World Bank approves $45 million for South Sudan local service delivery improvement
04-08-2020 | 06:20:00
The World Bank approved a $45 million International Development Association (IDA) grant for South Sudan to continue to improve access to basic infrastructure and strengthen community institutions.
Netcom strengthens market in Nigeria with IT infrastructure optimization services
03-08-2020 | 07:33:00
Lagos based Netcom Africa has solidified its footprint in Nigeria’s tech market with the deployment of IT Infrastructure Optimization services targeting corporate Nigerian corporate where high-end tech services are steadily on the rise.
DBSA disburses R4.5 billion in loans to South African metros
31-07-2020 | 12:16:00
The Development Bank of Southern Africa (DBSA) announced the financing of a R3 billion loan to City of Johannesburg (COJ) and R1.5 billion to City of Tshwane (COT).
West Africa's Tizeti upgrades core network infrastructure capacity to 100Gbps
28-07-2020 | 13:26:00
Tizeti, West Africa’s pioneer solar-based internet service provider announced the successful upgrade of its core network infrastructure capacity to 100Gbps, in line with its focus on accelerating access to affordable broadband connectivity.
USTDA supports new LNG infrastructure in Nigeria
28-07-2020 | 08:41:03
The USTDA has awarded a grant to Nigerian natural gas supply company Green Liquified Natural Gas to support Nigeria’s increased utilization of natural gas for power generation, local industry and additional economic growth.
DB Schenker to open Egypt’s first dry port in 2022
21-07-2020 | 16:30:00
DB Schenker has invested in the construction and operation of Egypt’s first dry port, in association with the partners 3A International and Elsewedy. It is expected to open in 2022.
[Column] Tonny Tugee: Factors impacting development of infrastructure in Africa
15-07-2020 | 14:13:00
Without a doubt, Africa is one of the world’s fastest-growing economic hubs. Crucial to this rate of development is the ability to meet the demand for key infrastructure.
[Kenya] Cold Solutions to invest $170 million in cold storage warehouse at Tatu City
15-07-2020 | 11:58:00
Cold Solutions, a temperature-controlled warehouse and logistics service provider, has announced that it will invest $70 million to construct state-of-the-art, temperature-controlled cold storage warehouses in Kenya.
NCC creates new department to accelerate government's digital economy agenda in Nigeria
10-07-2020 | 13:16:00
The Nigerian Communications Commission (NCC) has created a Digital Economy Department principally responsible for implementing programmes and policies aimed at fully supporting and promoting the national digital economy agenda.
World Bank provides $100m to accelerate digital transformation in Niger
09-07-2020 | 13:43:00
The World Bank approved a $100 million International Development Association which includes $50 million credit and $50 million grant to help Niger implement an ambitious program to use digital infrastructure.
The OPEC Fund boosts transport infrastructure, trade prospects in Mali
09-07-2020 | 07:55:00
The OPEC Fund for International Development (the OPEC Fund) signed a $20 million loan agreement with the Republic of Mali to finance a road project that will improve links to economic centers and social amenities.
World Bank approves $425m financing to support infrastructure development in Eastern and Southern Africa
08-07-2020 | 09:49:00
The World Bank approved $425 million in International Development Association financing to support infrastructure development in Eastern and Southern Africa through the Trade and Development Bank and COMESA Secretariat.
World Bank approves$425 million for infrastructure financing in Eastern and Southern Africa
07-07-2020 | 09:49:05
The World Bank Board of Directors has approved $425 million financing to support the provision of infrastructure finance in Eastern and Southern Africa.
[Column] Dr. Kevin Kariuki: The journey to electrifying Africa
01-07-2020 | 14:26:58
Five years into the African Development Bank’s ambitious New Deal on Energy for Africa, the Bank’s investments are set to provide electricity access to around 13 million people.
World Bank provides $425m for provision of infrastructure financing in Eastern and Southern Africa
01-07-2020 | 07:30:00
The World Bank approved a total amount of $425 million in International Development Association (IDA) financing to support the provision of infrastructure finance in Eastern and Southern Africa.
World Bank realigns Africa into two Vice Presidencies for greater focus on country progress
01-07-2020 | 06:55:00
As a sign of its strong commitment to Africa, the World Bank’s Sub-Saharan Africa Regional portfolio will now be managed by two Vice Presidents, covering Western and Central and Eastern and Southern Africa, respectively.
Africa Finance Corporation issues $700 Million 5-year Eurobond
12-06-2020 | 13:21:04
Africa infrastructure solutions provider Africa Finance Corporation, AFC, has announced the successful issuance of a $700 Million Reg S Eurobond, maturing 16 June 2025.
African Development Bank gives $1.2 million for Ethiopia-Sudan railway study
11-06-2020 | 06:41:00
The African Development Bank has approved a $1.2 million grant to Ethiopia’s government to finance a feasibility study into a standard-gauge railway (SGR) link between Ethiopia and neighbouring Sudan.
DBSA, CSIR partner to accelerate technology and infrastructure in South Africa
10-06-2020 | 14:19:00
The Development Bank of Southern Africa and the Council for Scientific and Industrial Research are set to work together to develop technologies and infrastructure to support socio-economic development in South Africa.
African Development Bank approves new five-year strategy for Nigeria
08-06-2020 | 09:16:00
The African Development Bank has approved Nigeria’s Country Strategy Paper (CSP) 2020-2024, which builds on the successes and challenges of the 2013-2019 edition, and incorporates emerging developmental realities and opportunities.
Germany looks to facilitate private sector investments in Africa
02-06-2020 | 10:09:00
With the recent ‘AfricaConnect’ €400 million initiative under DEG’s management, the German Development Ministry is looking to increase private sector investments and cooperation with the African continent.
World Bank approves $25m to help Djibouti grow economy, improve access to services
01-06-2020 | 06:44:00
The World Bank approved two new projects totaling $25 million in credit from the International Development Association (IDA), to help Djibouti address vulnerability, foster inclusive economic growth and improve service delivery.
World Bank provides $346 million to strengthen resilience, livelihoods in Lake Chad region
28-05-2020 | 11:35:00
The World Bank approved two operations totaling $346 million in IDA financing to help strengthen resilience and livelihoods in the Lake Chad region, which is shared among Cameroon, Chad, Niger and Nigeria.
Asia-Africa-Europe-1 Consortium deploys Infinera to double capacity on intercontinental cable system
26-05-2020 | 14:30:00
Infinera announced that Asia-Africa-Europe-1 Consortium (AAE-1) has completed a significant upgrade with Infinera to boost capacity on its subsea network connecting East Asia to Europe via Egypt.
Africa Regional Integration Index calls on continent to build more resilient economies through integration
26-05-2020 | 10:08:00
The second Africa Regional Integration Index (ARII 2019) was launched by the Economic Commission for Africa (ECA), the AfDB and the African Union Commission, with a call to action to African economies to deepen their integration.
Horn of Africa borderland communities can achieve economic prosperity, World Bank
20-05-2020 | 06:27:55
Borderlands across the Horn of Africa are isolated, poor, and insecure, yet they hold real economic potential driven by a wealth of natural resources and some of the world’s most rapidly growing economies.
World Bank support The Gambia advance reforms in the electricity, telecom sectors
18-05-2020 | 07:03:00
The World Bank approved a $30 million development policy grant to support The Gambia’s efforts to improve debt and public investment management, improve financial viability and service delivery in the energy and telecom sectors.
African Development Bank donates $1.67 million for preparatory study of dams construction in Eswatini
14-05-2020 | 11:10:00
The African Development Bank approved a donation of 1.67 million US dollars (1.2 million Units of Account) for the realization of a study on the Mkondvo-Ngwavuma Water Resources Development Program in Eswatini.
African Development Bank approves €40 million in grants for bridge linking Cameroon and Chad
06-05-2020 | 14:16:00
The African Development Bank has approved grants worth €40.94 million for the construction of a bridge to connect Cameroon and Chad across the Logone river.
LogicMonitor extends global channel reach with new international partners
06-05-2020 | 06:36:48
LogicMonitor, the leading cloud-based IT infrastructure monitoring and intelligence platform for enterprise IT and Managed Service Providers announced the global expansion of its LogicMonitor Partner Network.
African Development Bank debars Sinotec for 36 months for fraudulent practices in East Africa
01-05-2020 | 07:04:00
The African Development Bank Group announced the debarment of Sinotec Company Limited, an energy solutions company registered in China, for fraudulent practices in East Africa.
African Development Bank grants € 12.3 million for Abidjan-Lagos road corridor project
30-04-2020 | 13:28:00
The African Development Bank approved an additional funding of € 12.33 million in favor of the ECOWAS Commission to cover part of the costs related to the study of the Abidjan – Lagos motorway corridor development project.
1.5 million South African workers set to return to work in May
28-04-2020 | 07:22:00
About 1.5 million more South Africans will from 1 May return to work as government begins to lift a fraction of COVID-19 lockdown regulations.
World Bank invests $148.2m to improve Uganda’s forest management, provide benefits to communities
27-04-2020 | 07:29:00
The World Bank approved total financing of $148.2 million to enable Uganda to improve sustainable management of forests and protected areas and increase benefits to forest-dependent communities.
AFC appoints new Chairman, announces changes to Board and Senior Management
24-04-2020 | 16:33:00
Africa Finance Corporation, AFC, the infrastructure solutions provider in Africa, has announced the appointment of Dr. Kinglsey Obiora as its new Chairman.
Transport sector hit hard but has key role in COVID-19 management, COMESA
24-04-2020 | 11:38:00
Road and air transport have borne the brunt of the Coronavirus impact as countries put stringent measures to stop the spread of the pandemic.
SACETA, AOP partnership opens doors to new Chinese investment in Africa
22-04-2020 | 07:08:00
The South Africa-China Economic and Trade Association (SACETA) and Africa Oil & Power (AOP) have entered a new partnership that will introduce Chinese technology, finance and know-how to a range of African projects.
OPEC Fund approves more than $390m for operations in developing countries
21-04-2020 | 14:23:00
The OPEC Fund for International Development has approved more than US$390 million of new funding to support operations in developing countries across the globe.
EAIF, Finnfund finance 15 MW Kaptis hydro-electric power project in Kenya
21-04-2020 | 10:10:00
EAIF has been appointed joint mandated lead arranger (JMDA) of the US$30 million debt finance package being raised by Tembo Power to build the Kaptis hydro-electric power plant in Western Kenya.
AfDB rebuts claims that it plans to provide financial support to East African Crude Oil Pipeline Project
20-04-2020 | 14:38:00
The African Development Bank (AfDB) has refuted claims that it plans to provide financial support to the East African Crude Oil Pipeline Project.
African Development Bank approves $10 million equity in Razorite Healthcare Fund for Africa
14-04-2020 | 13:17:00
The African Development Bank approved a $10-million equity investment in Razorite Healthcare Africa Fund 1 to help improve healthcare infrastructure delivery across the continent.
IDC to explore the rise of multi-cloud in Africa as COVID-19 pandemic proves the case for business agility
08-04-2020 | 15:14:00
By 2022, over 90% of enterprises worldwide will be relying on a mix of on-premises/dedicated private clouds, multiple public clouds, and legacy platforms to meet their infrastructure needs, according to the latest forecast from IDC.
Mozambique government, AfDB sign $35 million financing deal for road upgrade
02-04-2020 | 07:11:00
The Government of Mozambique and the African Development Bank have signed a protocol agreement for a $34 million grant for the paving of the 35-km Nambungali-Roma road.
World Bank helps Mauritania improve its health system, delivery of essential services
01-04-2020 | 13:06:00
The World Bank approved three grants for a total of $133 million from IDA to help improve access to basic infrastructure and services for poor and vulnerable communities.
Government, African Development Bank sign financing for Mueda-Negomano road phase II, Mozambique
01-04-2020 | 10:34:50
The Government of Mozambique and the African Development Bank signed a protocol agreement for a $34 million grant for the paving of the 35-km Nambungali-Roma road to facilitate trade and promote social inclusion of local communities.
EAIF adopts IFC Master Cooperation Agreement to boost growth, jobs in Sub-Saharan Africa and MENA
27-03-2020 | 07:42:00
The Emerging Africa Infrastructure Fund (EAIF) became the 34th development finance institution to join IFC’s Master Cooperation Agreement to collaborate on expanding private sector investments in African and Middle East infrastructure.
[Botswana] African Development Bank supports economic diversification project through FAPA
17-03-2020 | 07:23:00
An economic diversification project supported by the Africa Development Bank was launched in Botswana to strengthen the small stock, tourism and horticulture industries by improving businesses linkages particularly among SMEs.
African Development Bank presents results of business environment study in Benin
17-03-2020 | 07:05:00
The African Development Bank presented the results of a study on the business environment in Benin.
Sierra Leone to count on AfDB to help build resilient economy, restore self-sufficiency in rice production
16-03-2020 | 09:13:00
Sierra Leone will look to the African Development Bank (AfDB) to stimulate agribusiness development in the country with a focus on rice production.
AfDB grants more than 52 billion CFA francs for road construction in Mali
13-03-2020 | 12:06:00
The African Development Bank (AfDB) and the government of Mali signed a financing agreement for the construction of the Bourem-Kidal road, 285.83 km long and nicknamed "national unity road".
[Ghana] Government investing heavily in educational infrastructure
11-03-2020 | 08:51:00
The President of the Republic of Ghana said his government is investing heavily in the provision of educational infrastructure in senior high schools across the country, particularly in those running the double track system.
World Bank helps Burundi improve access to services, opportunities for the poor in rural areas
03-03-2020 | 12:00:00
The World Bank approved two grants for a total of $160 million from the International Development Association to help improve essential services through solar power and local development in rural and remote areas of Burundi.
TCN signs MoU with government on transmission lines and substations projects in Nigeria
02-03-2020 | 08:46:00
The Transmission Company of Nigeria (TCN) signed an MoU with the Government of Ekiti State on the construction of the Ado Ekiti – Ilupeju and Ado Ekiti – Ijesha Ishu 132/33kV Transmission line.
One step closer to clean energy for 30 million people in Africa
24-02-2020 | 12:04:00
The first Public Private Partnership (PPP) project to generate renewable energy from shared resources in Africa came closer to reality following signature of a key agreement to enable preparatory works to commence.
Standard Chartered Bank invests $ 1.46 billion to fund Tanzania’s Standard Gauge Railway project
14-02-2020 | 06:41:00
The Government of Tanzania Ministry of Finance has signed a facility agreement with Standard Chartered Tanzania for a $ 1.46 billion term loan financing to fund the construction of the Standard Gauge Railway.
Accor set for expansion in Ethiopia
13-02-2020 | 09:41:00
Accor, a leading augmented hospitality group, is expanding its presence in Ethiopia after signing a management agreement to open a new property under its design-led economy brand, Ibis Styles.
DRC Government and General Electric sign infrastructure agreement
13-02-2020 | 09:37:00
The Government of the Democratic Republic of the Congo and General Electric have announced signing of an MoU in infrastructure projects enabling the increase in the supply of electric energy and health modernization programs.
[Egypt] EIB provides technical assistance for the upgrade of Cairo Metro Line 2
11-02-2020 | 06:38:13
The EIB has signed a EUR 1.2 million Technical Assistance agreement with the Egyptian National Authority for Tunnels to conduct a Feasibility Study for the rehabilitation of Cairo Metro Line 2.
EIB supports upgrading of Tanta - EL Mansoura - Damietta railway in Egypt
10-02-2020 | 15:00:00
The EIB and the Egyptian Ministry of International Cooperation have signed an agreement to provide up to EUR 1.5 million for a Feasibility Study for the Tanta-El Mansoura-Damietta Rail project.
Leaving no place behind within the MENA is critical for economic growth, social inclusion, World Bank
10-02-2020 | 06:18:00
Where someone is born in the Middle East and North Africa (MENA) should not determine their ability to succeed in life, according to a new World Bank report.
[Kenya] Housing deficit in the middle-income housing segment expected to ease in 2020
06-02-2020 | 13:23:18
The current housing deficit in the Middle Income Housing (MIH) segment is expected to decrease this year according to a new report released by research firm Sagaci.
The U.S signs agreement to return Nigeria's stolen assets
05-02-2020 | 13:33:00
The U.S. government, the Bailiwick of Jersey and the Government of the Federal Republic of Nigeria signed an agreement to return more than $308 million to the Nigerian people.
[South Africa] Parliament calls for acceleration of implementation of Broadcasting Digital Migration
05-02-2020 | 11:22:41
The Portfolio Committee on Communications has raised a concern regarding the slow pace in the implementation of the Broadcasting Digital Migration (BDM) policy by the Department of Communications.
African Development Fund approves $34.7 million for renewable energy in Liberia
05-02-2020 | 09:03:00
The African Development Fund (ADF) has approved a $34.74 million grant and loan to boost renewable energy access and promote an attractive investment climate in Liberia.
Construction of €1.2 million Eswatini trade hub reaches 70% completion
03-02-2020 | 12:48:00
The construction of the Inlanganisela Yabomake Trade Hub in Manzini, of the Kingdom of Eswatini has reached an advanced stage with over 70% of works being completed.
Mozambique maintains economic stability despite Idai, Kenneth Cyclones, World Bank
30-01-2020 | 11:43:00
After a year when two severe cyclones contributed to a setback in growth, Mozambique looks ahead having made significant progress in maintaining economic stability and strengthening its external buffers.
Gabon Special Economic Zone rebrands as ARISE, AFC increases shareholding
30-01-2020 | 11:23:00
Gabon Special Economic Zone has gone through a reorganisation that has resulted in the creation of three separate verticals.
[South Africa] IHG debuts voco in Africa with Valor Hospitality Partners Africa
30-01-2020 | 09:05:00
InterContinental Hotels Group has signed voco™ The Bank, Rosebank in South Africa in partnership with Valor Hospitality Partners Africa.
United Kingdom reaffirms commitment to Africa’s economic transformation
29-01-2020 | 10:44:00
The United Kingdom has reaffirmed its commitment to Africa’s economic transformation.
Kenya’s logistics sector to reach $5 billion by 2023, report
27-01-2020 | 09:00:00
Kenya’s roads and railways network is accelerating growth in the logistics sector, which is estimated to hit $5 billion (Sh500 billion) by 2023.
EU signs four financial guarantees to unlock Africa, Neighbourhood investment
23-01-2020 | 12:27:00
The European Commission (EU) signed four guarantee agreements worth €216 million that will help unlock €2 billion to invest in renewables, urban infrastructure and start-ups in Africa and the Neighbourhood.
[Kenya] TradeMark East Africa, Mombasa County ink $2.7 million financing deal for critical road
23-01-2020 | 09:10:00
TradeMark East Africa (TMEA) and the Mombasa County Government have inked a $2.7 million financing deal towards construction of the Mbaraki-Nyerere Road.
Kenya presents a USD40 billion opportunity for the private sector to invest in sustainable development, says Standard Chartered
23-01-2020 | 06:39:00
Opportunity2030 study reveals the almost USD10 trillion private-sector investment opportunity in contributing to the UN Sustainable Development Goals (SDGs) in emerging markets.
Namibia ratifies to the TFTA Agreement, more countries expected to follow suit
22-01-2020 | 13:49:00
The Republic of Namibia has become the eighth country to ratify the Tripartite Free Trade Area (TFTA) Agreement moving the region closer to having a fully operational Agreement this year.
Proparco finances Metier's investment fund for sustainable energy infrastructure in Africa
21-01-2020 | 10:47:00
Through a USD 10 million commitment to Metier Sustainable Capital International Fund II, Proparco has pledged its continuous support of renewable energy, resource efficiency and energy efficiency projects in Africa.
UK exports boost infrastructure projects in Africa
21-01-2020 | 09:45:00
The International Trade Secretary announced at the UK-Africa Investment Summit that UK Export Finance (UKEF) has provided financing worth £620 million to support UK exports to Ghana, Zambia, Gabon and Uganda.
The UK launches new venture to create rich pipeline of infrastructure projects across Africa
21-01-2020 | 08:27:43
The UK is partnering with five African countries to mobilise private sector investment in quality, environmentally-friendly infrastructure projects, International Development Secretary Alok Sharma announces.
Eni starts production at Agogo oilfield, offshore Angola
17-01-2020 | 11:15:00
Eni announces the start-up of its offshore Agogo oilfield, situated in the 15/06 Block in the Angolan waters.
Ghana gets €250 million from Germany to upgrade electricity transmission infrastructure
17-01-2020 | 08:38:00
The Government of Ghana received, as part of Germany’s Compact with Africa programme, €250 million from the Government of the Federal Republic of Germany to upgrade and expand the country’s electricity transmission infrastructure.
Standard Bank sponsors multilateral UK-Africa Investment Summit
17-01-2020 | 06:13:00
Standard Bank, Africa’s largest banking group by assets, is partnering with the UK Government to sponsor the inaugural UK-Africa Investment Summit, to be held in London on 20 January 2020.
AfDB, UN and World Bank launch 2019 Needs Assessment Report to spur economic recovery in Zimbabwe
15-01-2020 | 15:08:00
The African Development Bank (AfDB), United Nations (UN) and the World Bank Group launched the Zimbabwe 2019 Joint Needs Assessment Report.
UK aid to help build green cities across Africa with quality infrastructure
15-01-2020 | 11:25:53
The International Development Secretary pledged new UK aid support to build the African cities of the future, so the continent can continue to thrive and reach its economic potential.
AfDB approves $20m investment in Metier Fund to support renewable energy in Sub-Saharan Africa
08-01-2020 | 08:08:00
The AfDB has approved a $20 million investment in the Metier Sustainable Capital International Fund II, which channels funds to renewable energy and resource-efficient infrastructure projects across Sub-Saharan Africa.
American Tower aquires Eaton Towers, enters agreement to acquire JV stakes in Ghana, Uganda from MTN
06-01-2020 | 14:01:00
American Tower Corporation has announced that it has closed its previously announced acquisition of Eaton Towers Holdings, adding approximately 5,700 communications sites to its African portfolio.
Hilton signs partnership with Groupe Alliance in Tunis
27-12-2019 | 09:43:00
Hilton will once again be welcoming guests to the Tunisian capital city of Tunis from after a landmark deal was signed with the Groupe Alliance.
Over 3 million people from Kenya, Tanzania to benefit from AfDB €345M road construction support
19-12-2019 | 13:35:00
Over three million people from Tanzania and Kenya will benefit from a €345 million financing package for road construction support, approved by the African Development Bank’s (AfDB) board.
UNIDO, Egypt confirm support for Programme for Country Partnership
17-12-2019 | 11:56:00
During the World Youth Forum, the Director General of UNIDO met with President of the Arab Republic of Egypt to discuss the UNIDO flagship project in Egypt, the Programme for Country Partnership (PCP).