Infrastructure News

$14.2 billion needed for infrastructure improvements in Zimbabwe

14/04/2011

Zimbabwe needs about $14.2 billion (£8.7 billion) to rehabilitate the existing infrastructure in the country.

This is according to African Development Bank (AfDB) president Donald Kaberuka, who claimed that the investment...

Category: General

South Africa invests 3.8 billion dollars in renewable energies

14/04/2011

Ebrahim Patel, South African minister for Economic Development, announced last Tuesday that South Africa is to invest 3.8 billion dollars over five years in a renewable energy...

Category: Energy

IDC to invest billions in South African renewable energy

13/04/2011

South Africa's renewable energy industry is set to be one of the main beneficiaries of the Industrial Development Corporation's (IDC) new five-year investment plan.

The self-financed, state-owned national development...

Category: Energy

Shell signs a contract for 101 million USD for a gas pipeline project in Nigeria

13/04/2011

Shell has just signed a contract valued at 101 million dollars for the construction of a gas pipeline in Nigeria.

The contract was concluded with local company Saipem Contracting Nigeria...

Category: Energy

PIC plans investment in African energy and infrastructure markets

12/04/2011

The Public Investment Corporation (PIC) plans to invest about R45 billion (£4 billion) in Africa this year to take advantage of growth opportunities in the continent.

According to the firm's chief investment officer,...

Category: Energy

Algeria wants to generate 20,000 MW of electricity from clean energy sources by 2030

12/04/2011

The Algerian government announced April 3 that it aims to generate 20,000 MW of electricity from renewable energies by 2030.

This program will need an investment...

Category: Energy

Benin aims for 50 percent rural electrification from renewable energy by 2025

12/04/2011

Benin's minister for Energy, Sacca Lafia, announced last Thursday that the government intended to raise the rural electrification rate from renewable energy from its present three percent to 50 percent...

Category: Energy

AfDB to fund Sierra Leone energy project

11/04/2011

Some €25 million (£22million) is to be loaned by the African Development Bank (AfDB) to fund the Addax Bioenergy Sierra Leone (ABSL) project.

Included in the project are plans to develop a Greenfield sugarcane...

Category: Energy

WB finances fiber optic Internet in Congo

11/04/2011

The World Bank has announced that it will finance the submarine fiber optic cable project, the African central Backbone (CAB), in Congo.

This cable will make it possible to establish a reliable...

Category: ICT

MTN invests millions in improving Africa's internet access

08/04/2011

Internet access across Africa's is set to be boosted by the introduction of a 14,000km ultra-high capacity fibre optic submarine cable system which links Southern Africa and Europe.

Named the West Africa Cable System (Wacs),...

Category: ICT

Algeria: The president inaugurates new drinking water project at Tamanrasset

08/04/2011

Algerian President Abdelaziz Bouteflika has just inaugurated a project to supply the Tamanrasset region with drinking water.

The water is pumped into the artesian layer at a distance of more...

Categories: Water, Transport

BG Group to invest in Tunisian oil and gas production

08/04/2011

The BG Group has revealed its plans to invest some $300 million (£180 million) in Tunisia this year.

Reuters reports that the British-based oil and gas firm plans to increase its exposure in the North African country by...

Category: Energy

ICT investment to rise 9.9% in Africa

07/04/2011

New research has indicated that investment in Information Communication Technology (ICT) in sub-Saharan Africa will climb 9.9 per cent this year.

According to research conducted by the International Data Corporation (IDC),...

Category: ICT

ADFD finances road rebuild in Gambia

07/04/2011

Some Dh36.73 million (£6.1 million) has been set aside by the Abu Dhabi Fund for Development (ADFD) to rebuild a road in the Republic of Gambia.

The refurbishment of the 141km road, which runs between Mandinaba and Soma,...

Category: Transport

Total is to modernize the airport at Port-Gentil, Gabon

07/04/2011

Total Gabon has signed an agreement with the Gabonese government on the modernization of the airport of Port-Gentil, it was announced this week by Gabonese transport Minister Julien Nkoghe...

Category: Transport

12 million euros from the EU to reinforce electrical interconnection between Djibouti and Ethiopia

06/04/2011

March 28: The European Union has granted 12 million euros in aid for an infrastructure project relating to the transport and generation of electricity in Djibouti.

It will "improve the...

Categories: Transport, Energy

Huge investment needed for African renewable energy projects

06/04/2011

Some $356 billion (£218 billion) worth of investment is needed for renewable energy projects in Africa between now and 2030, it has been suggested.

The World Energy Council Africa regional manager Dr Latsoucabe Fall has...

Category: Energy

Transnet orders $230m worth of trains

06/04/2011

An additional 32 trains, worth $230 million (£141 million), are due to be purchased as part of an agreement between South African state logistics company Transnet and Venus Railway Solutions.

The type 15E locomotives are to...

Category: Transport

Train investment 'real boost' for South African passenger transport

05/04/2011

The purchase of R97 billion (£8.8 billion) worth of new stock for Metrorail and long-distance railway services represents a "significant milestone" in passenger rail transport in South Africa.

This is according to...

Category: Transport

AfDB offers renewable energy boost for Africa

05/04/2011

Energy infrastructure in Africa looks set to get a boost after it was announced that the African Development Bank (AfDB) has created a $57 million (£35 million) fund for renewable energy projects across the continent.

The...

Category: Energy

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