Infrastructure News

NITEL in $2.5bn takeover

17/02/2010

Nigerian Telecommunications Limited (NITEL) was yesterday (February 16th) taken over by New Generations Telecoms.

It is reported that the takeover was worth $2.5 billion (£1.6 billion) and has come after years of NITEL...

Categories: ICT

Senegal: Work starts on Diamniadio-Pikine highway

16/02/2010

Work started on the second phase of the Dakar- Diamniadio toll highway on Friday 12 February, in the presence of the President of Senegal, Abdoulaye Wade.

The highway, some thirty kilometres in length, is being financed to the...

Categories: Transport

EU to invest 83 million USD in Benin in 2010

16/02/2010

The European Union is going to invest 83.1 million Dollars in Benin this year, it was learned on Friday 12 February.

Françoise Collet, head of the EU delegation in Cotonou, made the announcement at a press conference.

The...

Categories: Transport

World Bank reports on Ugandan economy

16/02/2010

The World Bank has published a study that found certain economic inequalities in employment opportunities in Uganda.

According to the Daily Monitor, the World Bank's study entitled Unlocking opportunities for job creation in...

Bolloré planning to construct extension to port of Libreville

16/02/2010

The main port of Gabon may be benefiting from a major upgrading plan financed by the Bolloré Group, according to the AFP press agency.

The French group is interested in extending the port of Owendo, near Libreville.

Bolloré...

Categories: Transport

African telecommunications firm 'in talks'

16/02/2010

Telecommunications in Africa could be affected by an announcement that Kuwait company Zain is in talks about selling its African unit to Bharti Airtel.

With an enterprise value of $10.7 billion (£6.8 million), Zain Africa BV...

Categories: ICT

World Bank Group announces railway plans

15/02/2010

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...

Categories: Transport

Road transport: BAD allocates 36 million USD to Togo

15/02/2010

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...

Categories: Transport

South African infrastructure 'will be invested in'

12/02/2010

Infrastructure in South Africa will continue to see economic support, according to President Jacob Zuma.

Speaking at his state of the nation address the president tackled the challenges facing the country after the...

Categories: General

Kenya: A billion Dollars for renewable sources of energy

12/02/2010

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...

Categories: Energy

Private sector investment 'is essential' to Africa

11/02/2010

Private sector investment is crucial in the expansion of Africa's infrastructure.

This is according to the chief executive officer of CDC Group Richard Laing, who was speaking in Ghana at the Africa Investment Forum.

He explained...

Categories: General

'Immediate decision needed' on SA oil refinery

10/02/2010

A major oil new refinery could be built in South Africa but decisions must be made immediately.

This is according to PetroSA, whose vice-president of new ventures Jorn Falbe spoke at the Sandton energy conference yesterday...

Categories: Energy

Tunisia: Technical launch of a 3G network

10/02/2010

A 2G/3G mobile communications network has just been launched in Tunisia by network operators Orange.

A ceremony and press conference were held on Thursday 4 February 2010 to mark the occasion, in the presence in particular of...

Categories: ICT

Africa's mining future 'is positive'

09/02/2010

Cynthia Carroll, the chief executive of Anglo American, has said she is positive about how Africa can contribute to the mining industry.

According to TradeInvestAfrica, Ms Carroll spoke at Cape Town's Mining Indaba conference...

Categories: General

Morocco: Solar energy power station financed by Japan

09/02/2010

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...

Categories: Energy

Rwandan project investments 'could create 11,000 jobs'

08/02/2010

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),...

Categories: General

IFC pledges $150m to Nigerian telecommunications

08/02/2010

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...

New infrastructure projects in Senegal

08/02/2010

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.

Karim Wade,...

Categories: Energy

Mauritius to construct refineries using €15m EIB loan

05/02/2010

Mauritius is to use a €15 million (£13.1 million) loan from the European Investment Bank (EIB) to construct two sugar refineries.

The money forms part of a larger strategy aimed at ensuring the long-term viability of...

Categories: General

Uganda gets $190m for road improvement

03/02/2010

Uganda has received a loan of $190 million (£118.9 million) from the World Bank to improve its transport sector.

Kundavi Kadiresan, the bank's Uganda manager, said upgrading the north-eastern corridors to southern Sudan and...

Categories: Transport

Subscribe to @ISSUE

Subscribe to our quarterly newsletter to get up-dates from the ICA

Subscribe now

You are currently offline. Some pages or content may fail to load.