Infrastructure News

Bridging Africa’s infrastructure gap


Africa is a hugely diverse continent, but much of it suffers from an ailing or non-existent infrastructural network. However, this gap offers huge growth potential for investors

UK dept earmarks £21.4bn for African infrastructure development


The UK’s Department of International Trade (DIT) is pledging funding for infrastructure development in Africa, including £4-billion in South Africa, £1-billion in Kenya and £750-million in Nigeria, through export credit agency, UK Export Finance (Ukef).

Africa's Infrastructure Bottleneck


Poor infrastructure, a lack of skills and excessive reliance on commodities has resulted in lower growth. What is needed is diversification in areas such as agriculture, manufacturing, healthcare, education and banking, claimed the Economist.

New Finance Catalyst will support RE project developers


The Africa-EU Renewable Energy Cooperation Programme (RECP), has launched its Finance Catalyst service, to support and assist renewable energy (RE) project developers in financial structuring and in attracting funding for their projects once they are in an advanced stage.

World Bank Group Launches New Global Infrastructure Facility


Move paves way for institutional investors to help fill infrastructure gaps in developing world: US$1 trillion a year in extra investment needed through 2020.

Categories: General

Electricity in Africa: Lighting a dark continent


The Economist

The stylishly dressed men and women window-shopping in the air-conditioned cool of the Lagos Palms shopping mall speak of a Nigerian economy and middle class on the rise.

But out the back, the stench of diesel...

Categories: Energy

AfDB Board approves US $29.49 million for Burundi road project


PR Newswire

The Board of Directors of the African Development Bank Group (AfDB) on Wednesday, September 24, 2014 approved a US $29.49-million grant to help finance the first phase of the Nyakararo-Mwaro-Gitega (RN18) Road...

Categories: Transport

Africa could become single air transport market by 2016



Africa could become a single air transport market that will remove the need for bilateral air services agreements by early 2016, the industry lobby said on Wednesday.

African Airlines Association (AFRAA) Secretary...

Categories: Transport

AfDB and sister institutions committed to move forward on the sustainable transport agenda with US $175 bn in financing


PR Newswire

The historic one-day UN Climate Summit opened on September 23 in New York City with 125 heads of state in attendance. UN Secretary General Ban Ki-moon and US President Barack Obama urged all nations - developed and...

Categories: Transport

Gambia: '98% of LRR has access to clean drinking water’


Daily Observer

The regional water motivator in the Lower River Region (LRR), Kantong T. Marena, has disclosed that 98% of the population of the region has access to clean and potable water. He informed that only a few people,...

Categories: Transport

En Afrique, les bâtiments consomment 50% de l'énergie électrique



Le secteur des bâtiments en Afrique consomme 50% de la consommation totale en énergie électrique, a affirmé mardi à Dakar, Serigne Mansour Tall, point focal de l'ONUHABITAT au Sénégal.

« Au total, 50% de la consommation en...

Categories: Energy

Gulf Companies Commit $19 Billion to West Africa Infrastructure Projects


The Wall Street Journal

African countries secured commitments from companies in the Persian Gulf totaling $19 billion to invest in roads, railways and airports at the first West Africa Investment Forum held in Dubai on...

Categories: General

Energy In Africa: Development And Environment



It's always interesting to attend conferences in far away places because of the change in perspectives. At the World Energy Security Forum (whose organizers I advised) in Johannesburg, there was the usual discussion of...

Categories: Energy

Private Equity Investment Is The Future Of Energy In Africa


AFK Insider

Last month's announcement of a partnership between Africa richest man Aliko Dangote and private equity fund Blackstone Group to invest to the tune of $5 billion exclusively in energy infrastructure represented a...

Categories: Energy

Africa Can Become Important Power Production Source - Official


Angola Press

Africa is one of the regions of the world with major unexplored energetic reserves, which expands its chances to become one of the main energy producers.

This was said Tuesday in Luanda by the CEO of the National...

Categories: Energy

AfDB Approves U.S. $256 Million Investments in Infrastructure, Water, Sanitation and Health


The Board of Directors of the African Development Bank Group (AfDB) held its first regular meeting since the Bank returned to its statutory headquarters in Abidjan on Monday, September 8 and approved a combined US $256 million...

Categories: Transport, Water, General

Kenya: State inks Sh70bn power deal with AfDB


Business Daily

Kenya Power's subsidy programme is set for phase out in a Sh70.1 billion deal that the State has signed with African Development Bank (AfDB) to raise electricity connections to 70 per cent of the population in...

Categories: Energy

La téléphonie mobile en plein boom sur le continent africain


Le S'il reste inférieur à celui des Européens ou de certains Asiatiques (plus particulièrement Japon, Corée du Sud, Chine), l'usage du téléphone mobile en Afrique se développe.

Le continent, qui a littéralement...

Categories: ICT

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