Infrastructure News

Algeria: $286 billion for industry and infrastructures

27/05/2010

A sum of 286 billion Dollars in bank credits, subsidized by the Algerian State, is going to be mobilized for industry according to an announcement from the Council of Ministers issued on Monday 24 May 2010.

This financing is...

Categories: Energy

Report highlights Africa's infrastructure needs

26/05/2010

Africa needs to have improved infrastructure in order to move forward and develop, according to a report.

This was among the findings of the 2010 edition of the African Economic Outlook (AEO), launched on Monday (May 24th), the...

Categories: General

World Bank approves a loan of $16 million to Togo

26/05/2010

The World Bank approved a loan to Togo this week for Economic Relaunch and Governance, of 16.3 million Dollars.

The funds will provide budgetary support for the government in order in particular to strengthen governing capacity...

Categories: Energy

Grant for Burundi aims to assist water and agriculture

25/05/2010

Water and agricultural infrastructure in Burundi may see improvements after a grant was approved for the country.

The African Development Bank (AfDB) allowed the funds of $15 million (£10.5 million) to be given from the...

Categories: Water

More than $237 million for the construction of two dams in Gabon

25/05/2010

Gabon has just signed an agreement with Coder, a company engaged in the development of renewable sources of energy, for the construction of two dams.

This involves the “Impératrice” dam, of 42 megawatts, on the river Ngounié in...

Categories: Transport

More than $18 million for windpower project in Cape Verde

25/05/2010

A huge windpower project in Cape Verde has just received financing of 18.6 million Dollars from the African Development Bank.

A mixed company formed by the State of Cape Verde and the companies Electra and InfraCO will be in...

Categories: Energy

World Bank commits $16.3m to Togo

24/05/2010

A grant worth $16.3 million (£11.3 million) has been approved by the World Bank's Board for the Republic of Togo.

The funds will benefit the energy sector, as well as other key parts of the economy including cotton and...

Categories: Energy

Tunisia: TIC development objectives towards the year 2014

24/05/2010

The Tunisian government is aiming to achieve a number of 570 thousand high-speed Internet subscribers by the end of 2010, and 1,400,000 in 2014.

This announcement was made on Friday 21 May last by M. Ammar, Minister of...

Categories: ICT

IFC supports development of infrastructures in sub-Saharan Africa

24/05/2010

The International Finance Corporation (IFC) is going to be investing 110 million Dollars in the HeidelbergCement company in order, in particular, to improve energy efficiency and the construction of infrastructures in sub-Saharan...

ICT 'plays a critical role in Africa'

21/05/2010

Information communications technology (ICT) in a number of African countries may be enhanced by the introduction of a new fibre optic cable.

The African Development Bank (AfDB) part-financed the Main One submarine cable, a key...

Categories: ICT

ADB strengthens co-operation with Ivory Coast

21/05/2010

The African Development Bank is intending to assist the Ivory Coast in mobilizing more resources, in particular to finance its infrastructures.

In a report entitled “The ADB and the Ivory Coast, a co-operation strengthened to...

Categories: General