Developing countries may benefit from investment on railways as part of the World Bank Group's joint initiative with the International Union of Railways (UIC).
The organisation announced the move to formalise its cooperation on...
The African Development Bank (BAD) has signed an agreement with Togo to provide the sum of 36.2 million Dollars for a major highway infrastructure project.
This involves the upgrading of a stretch which forms part of the...
Kenya should be able to mobilise between 500 million and one billion Dollars from its first sale of international bonds to help finance projects involving renewable sources of energy. According to Prime Minister Raila Odinga, the...
A solar-powered electricity generating station with a power of 1 MW is going to be constructed in Morocco, financed by Japan to the amount of 7.4 million Dollars.
The plant is scheduled to go into service in 2011, and should...
Some 11,000 people in Rwanda could benefit from new employment opportunities after it was reported that the country's investment projects last year could create many jobs.
This is according to the Rwanda Development Board (RDB),...
The International Finance Corporation (IFC), which is a member of the World Bank Group, has announced it is to make a donation to improve Nigerian telecommunications.
Some $150 million (£96 million) has been pledged in...
Senegal and South Korea have announced their intention to co-operate in the infrastructure sector, in particular by way of a project involving the construction of a coal-fired power station with a capacity of 250 MW.
The managing director of Kenya Power and Lighting Company (KPLC) has said that regional cooperation would be key to achieving sustainable and affordable electricity supply.
Joseph Njoroge was quoted by the Daily Nation as saying...
Senegal Prime Minister Souleymane Ndéné Ndiaye has announced the mobilisation of 271.6 million Dollars to improve access to drinking water across the country.
These funds have been allocated within the framework of the...
The Lake Turkana Wind Power project consortium (LTWP) will supply the Kenya Power Lighting Company with 300 MW following what is said to be the single largest Foreign Direct Investment by a private entity in the country in recent...
The World Bank has granted 112,000 Dollars to the Ivory Coast in order to promote ease of movement on highways across the country, with a further 1.2 million Dollars to be added in 2010.
The Kenyan government is discussing a plan to build a bypass linking Mombasa Island to the south coast, which it says will have the effect of improving road links with Tanzania and the general quality of the transport network...
