Infrastructure News - Page: 4

A China-US battle for influence in Africa is going to drive up infrastructure funding


China and the US are battling for ascendancy in sub-Saharan Africa albeit with their very different approaches.

China’s One Belt, One Road may be a dead end for African countries


Debt financing is commonly tied to the use of labour from China, there is little transparency about loan conditions and money is flowing into countries with weak governance.

Placing investment at the centre of Africa's development strategy


The inaugural Africa Investment Forum, which took place in November 2018 and was initiated by he African Development Bank, emphasised unequivocally the importance of investment, foreign and domestic, to economic development on the continent.

Importance of Regional and Continental Integration for Africa's Development


Africa's integration is no longer a matter of choice. Against an international backdrop of changing political and economic priorities, Africa must plot a new course for its industrialisation and economic development, using the momentum of regional integration.

Chinese investments in Africa go off the rails


Beijing signals new approach as concern grows over misguided ‘vanity projects’.

£100 million for renewable energy projects in Africa to provide electricity to 2.4 million people a year


Hundreds of thousands of people in sub-Saharan Africa will get access to electricity for the first time thanks to an extra £100 million of funding from the UK government. Developers of small-scale solar, wind, hydro and geothermal projects will be supported to harness each country’s natural resources.

China and US to battle for influence in African infrastructure lending


The battle for influence on the continent between Development Finance Institutions (DFIs) and Export Credit Agencies (ECAs) from China and the United States is set to heat up over the next decade in a fierce competition that could help Africa bridge its vast infrastructure gap faster than expected.

Experts weigh Africa's infrastructure needs against rapid urbanisation


Experts attending this years Africa infrastructure conference say the continent needs to accelerate its infrastructure development to match the continent's growing population and rapid urbanisation to achieve development goals.

Poor state of infrastructure hindering economic growth in Africa


The current low levels of infrastructure on the continent pose one of the biggest challenges to Africa’s industrialisation and development agenda.

"Africa needs to accelerate implementation of infrastructure projects"


Accelerating solutions to Africa’s infrastructure gaps must be taken seriously if Africa is to realise the aspirations of its people.

Private Sector Urged to Invest in Africa's Transboundary Infrastructure Projects


ECA assures private sector investors that dependable mechanisms have been established to facilitate and safeguard investment in transboundary projects across Africa.

PIDA Week Ends With Calls On Africa to Accelerate Implementation of Game-Changing Infrastructure Projects


Addressing Africa's infrastructure gap remains an imperative that African governments should continue to take seriously if the continent is to realise the aspirations its people as enshrined in the continent's blueprint for development, Agenda 2063 and the global agenda for sustainable development.

Poor governance a major reason why infrastructure projects fail - AfDB


Poor governance is resulting in infrastructure projects failing to meet their time-frame, budget and service delivery objectives.

Good governance to accelerate Africa's integration through Smart Infrastructure


Smart infrastructure investments underpinned by solid governance mechanisms and strategic partnerships will be crucial to accelerating Africa’s regional connectivity and integration.

China in Africa: an increasingly uneasy marriage of interests


While governments are happy to be wooed by multibillion-dollar loans and large-scale infrastructure investment, feelings on the streets are less warm.

Nigeria: AfDB to Play Bigger Role in Nigeria, Other African Economies By Investing in Infrastructure Private Equity


The Board of Directors of the African Development Bank has approved its third equity investment of US$40 million in Africa Infrastructure Investment Fund (AIIF3), a pan-African infrastructure fund managed by South Africa-based Africa Infrastructure Investment Managers (AIIM).

Regional infrastructure projects with continental impact can drive African trade, growth and development


The latest annual report from the Infrastructure Consortium for Africa (ICA) highlights the importance of regional infrastructure projects in helping to drive continent-wide trade and equitable, sustainable growth.

Closing Africa’s infrastructure financing gap – its not just about more money


Funds for Africa’s infrastructure development are available – but the challenges are finding bankable projects and putting in place effective institutional arrangements.

AfDB investment forum highlights Africa-2-Africa investment


The Africa Investment Forum ended Friday with some 45 deals worth over US$32 billion set in motion with secured investment interest, and a promising emphasis in the continent’s Lusaphone nations.

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