Infrastructure News

China gives a grant of 3 million USD to Cameroon

31/12/2010

Last Wednesday, China gave a package worth over three million dollars to Cameroon to finance a number of economic and technical cooperation projects.

"A gift with no strings...

Categories: Transport, Energy

Cameroon gains extra finance for urban and water development scheme

31/12/2010

Cameroon has signed a financing agreement with the World Bank which will allow an urban and water development project to progress in the country.

Under the plans for the scheme, it is expected that the sustainability and capacity...

Categories: Water

Return to service of the Gilgel Gibe II hydroelectric power station in Ethiopia

30/12/2010

The Gilgel Gibe II hydroelectric power station in Ethiopia has been brought back online this week, after closing last year following the collapse of part of a tunnel.

"The Gilgel Gibe II...

Categories: Energy

World Bank discusses infrastructure boost in Egypt

30/12/2010

The World Bank hopes to implement infrastructure initiatives - such as transport and electricity projects - in the Arab parts of Africa.

According to the organisation, its officials will collaborate with the Arab League, after...

Categories: Transport, Energy

AU and EU sign agreement on infrastructure projects

29/12/2010

Tuesday last, 21 December, the European Union signed a 1.3 million dollar agreement with the  Commission of the African Union (AUC), covering a number of infrastructure...

Categories: Transport, Energy

AfDB boosts transport infrastructure with 'largest Moroccan loan'

29/12/2010

The African Development Bank (AfDB) has announced the approval of its biggest-ever loan to Morocco to improve transport infrastructure in the country.

Some €300 million (£256 million) has been extended to the north...

Categories: Transport

La BID et la BAD octroient un milliard de dollars pour des projets en Afrique

29/12/2010

La Banque africaine de développement (BAD) et la Banque islamique de développement (BID) ont signé mardi 21 décembre dernier à Djeddah un mémorandum d’entente afin de financer,...

Categories: General, Water

Africa's water infrastructure to improve due to grants

24/12/2010

Water infrastructure in Africa is set to improve thanks to over $100 million (£65 million) of investment.

The African Development Bank (AfDB) has copper-fastened funding amounting to $114 million for three separate projects...

Categories: Water

ADB grants 393 million dollars to Morocco to increase capacity on the Tangier-Marrakesh rail line

24/12/2010

Morocco has received a loan of 393 million dollars  from the African Development Bank (ADB) to finance a vast railroad infrastructure project.

The aim of the works is to increase...

Categories: Transport

Bamako airport now operational after renovation works

23/12/2010

The new infrastructures of the airport at Bamako Sénou were inaugurated Friday 17 December 2010 by the Malian Head of State, Amadou Toumani Touré.

The airport of Sénou has been renovated to cope...

Categories: Transport

AfDB invests $806 million in Africa's transport infrastructure

23/12/2010

The African Development Bank (AfDB) is to invest $806 million (£522 million) in improving the transport infrastructure of Africa.

A series of loans and grants will be given to Morocco, Kenya, Ghana, Chad and the Democratic...

Categories: Transport

Launch of new infrastructure fund for Africa

22/12/2010

A new investment fund dedicated to infrastructure financing in Africa has just been created by Argan Invest, a member of the group FinanceCom.

Argan Infrastructure Fund (ARIF) will invest...

Categories: ICT, Transport, Energy

Energy infrastructure to improve in Ghana

22/12/2010

Energy infrastructure in Ghana is set to improve after the World Bank approved a loan of $38 million (£24.5 million) to the government.

The money will be used to carry out the Oil and Gas Capacity Building Project, which...

Categories: Energy

49.3 billion dollars for IDA

21/12/2010

The International Development Association (IDA) announced last Wednesday that it was reckoning on collecting some 49.3 billion dollars from 51 donor countries for its new...

Categories: Transport, Energy

New agreement between AFD and ADEME to promote renewable energies

21/12/2010

Thursday last, the French Development Agency (AFD) and the Environment and Energy Management Agency (ADEME) signed a three-year cooperation agreement.

It will consolidate the cooperation...

Categories: Energy

Mali receives money from World Bank to enhance infrastructure

21/12/2010

The World Bank will support Mali as it tries to improve its energy, transport and irrigation infrastructure.

This is according to Robert B Zoellick, who is the president of the organisation and he hopes to promote regional...

Categories: General, Water, Transport, Energy

Ghana joins oil exporting countries club

20/12/2010

Last Wednesday, Ghanaian president John Atta-Mills traveled to Ghana's very first offshore oilfield to  symbolically open the valves.

This event was called "historic" by...

Categories: Energy

Water infrastructure to be improved in Cameroon

20/12/2010

A water infrastructure project in Cameroon will be carried out after a 366 billion CFA franc (£483 million) loan agreement was reached.

The money will come from the Export-Import Bank of China and the water distribution...

Categories: ICT, Water

Togo: Port of Lomé receives two investments from the WADB and Germany

17/12/2010

Last Monday, the West African Development Bank (WADB) granted a loan of more than 10 million dollars to the Autonomous Port of Lomé (APL).

This package is intended to fund part of the repair...

Categories: Transport

Energy infrastructure to improve in Tanzania

17/12/2010

The energy infrastructure in Tanzania is to be boosted by a $135 million (£87 million) loan from the European Investment Bank (ECB).

It forms part of a wider project by the Tanzania Electric Supply Company to implement...

Categories: Energy

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