The European Investment Bank (EIB) has granted a loan of 85 million dollars to support the West African Development Bank (WADB) in a number of development projects in West Africa.
In a press release...
Categories: Transport, Energy
The Arab Bank for Economic Development in Africa has signed loan agreements to a total value of 34 million dollars with Burundi, Ethiopia, Zambia and Malawi to finance a number of infrastructure...
Categories: Transport, Water
Plans to upgrade South Africa's transport infrastructure have been welcomed by unions in the country, but concerns have been raised surrounding the length of time the refurbishments are expected to take.
The Federation of...
Over the past decade, the International Finance Corporation (IFC) has invested $1.2 billion (£744.8 million) in some 42 mobile phone projects across Africa.
The firm explained that the projects have taken place across 15...
Last weekend, work started on renovating the main highways in the region of Louga, Senegal, reports the newspaper Le Soleil.
The Senegalese State has financed this program to the value of 25...
Massive investment is needed in South Africa's ageing rail, road and maritime infrastructure, the nation's transport minister has claimed.
Sibusiso Ndebele believes that finance totalling R200 billion (£18 billion)...
It will be necessary to devote 50 billion dollars to the domain of water and sanitation over the next twenty years if needs in Africa are to be met, according to the ex-Managing Director of the...
Improvements to Uganda's agricultural infrastructure are likely to come about as a direct result of a new loan agreement with the African development Bank (AfDB).
AfDB has signed an agreement with the nation's government...
Rwanda is to join the club of countries which exploit nuclear energy, reports a government press release published last Thursday.
The country will fully ratify the treaty of the International...
The African Development Bank (AfDB) and the Zimbabwean government have signed a $30 million (£18.4 million) agreement to benefit the urgent water supply and sanitation rehabilitation project in the country.
The African Development Bank is to extend financing of 365 million dollars to South Africa to develop clean energies.
The funds will be allocated to the public electric utility company Eskom, to cofinance a...
East Africa has the potential to become one of the best investment destinations in the world, with a number of infrastructure projects expected to make it more desirable to financiers.
One such project is the East African...
The World Bank (WB) has granted Morocco a loan of 100 million euros to finance a new urban development policy throughout the Kingdom.
The agreement was signed last Wednesday in Rabat, by the...
The Zambian government plans to invest more than $12 billion (£7.3 billion) in order to meet local and foreign demand for power, SteelGuru.com reports
Kenneth Konga, energy minister of Zambia, said the funding will be...
Last Thursday, Mali signed a loan agreement with the African Development Bank (ADB) for 100 million dollars to finance two electricity generation projects, reports the PANA press...
China has revealed its plans to build 100 clean energy projects on the African continent, Bloomberg reports.
In its position as the world's biggest maker of solar panels, China plans to build power projects using the devices...
Uganda's energy shortage can be solved by exploiting the estimated 450 MW of geothermal energy present in the nation, it has been suggested.
However, in order to realise its full potential, the government needs to inject a...
The World Bank has granted a package of 2.24 million dollars to Bissau in order to contribute to the financing of projects in the domain of water and electricity.
Categories: Energy, Water
SES has likened the current state of Africa's telecommunications market to that of Latin America six to seven years previously.
As such, the global satellite operator is prepared to invest hundreds of millions of dollars in...
A drinking water supply system at Tène Toubab was inaugurated last Tuesday by the Minister of State, Oumar Sarr.
This new hydraulic infrastructure has been financed by Luxembourg, as part...
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