Infrastructure News

Nigeria 'held back by lack of basic infrastructure'

20/10/2009

The managing director of Uniliever Thomas Boedinger has applauded public and private efforts to invest in infrastructure but said much more needed to be done if Nigeria was to begin to realise its full industrial potential.

He...

Categories: General, Transport, Energy

Inter-state electricity network 'awaiting funding'

12/10/2009

A regional electricity project is still awaiting funding confirmation after the announcement of an estimated cost of $282 million (£178.6 million).

The network is expected to see the installation of 700 kilometres of new...

Category: General

SA infrastructure market 'promising'

12/10/2009

South Africa is tipped to see a real growth rate of 12.77 per cent for 2009's fourth quarter, according to a report from consultant Companies and Markets.

A vast investment in transport infrastructure and large-scale power...

Categories: General, Transport, Energy

Ousmane: $39bn shortfall in needed infrastructure investment

08/10/2009

Africa needs an estimated $39 billion (£24.3 billion) more than it is currently receiving to develop roads and other crucial infrastructure, authorities from the African Central Bank have said.

Led by chairman Kane Ousmane...

Category: General

Banda: South-to-south bank could aid infrastructure

30/09/2009

A bi-regional bank funded by south American and African nations could be a great help to infrastructure development, investment and project finance, Zambian president Rupiah Banda has been quoted by the Times of Zambia as saying....

Categories: General, Energy

AfDB: $175m mining loan will benefit key sectors in Mauritania

18/09/2009

A $175 million (£107 million) mining loan will contribute to both improving both infrastructure development and the business environment in Mauritania, the African Development Bank (AfDB) has said.

Receiving the funds is...

Category: General

Launching of an inter-State electricity network project in East Africa

11/09/2009

A joint project involving five states in the Nile region will be put into effect over the next five years, aimed at the development of transport and electricity distribution infrastructures.

The announcement was made on...

Category: General

IFC and Absa to finance African infrastructures

07/09/2009

The South African bank group Absa announced on Thursday 3 September 2009 that it had signed an agreement with IFC (International Finance Corporation) to invest in infrastructure projects in Africa.

“Absa, by way of Absa Capital,...

Category: General

Nigerian oil-for-infrastructure deal 'a bust'

02/09/2009

A recent report from London think-tank Chatham House has examined the causes of the respective failure and success of the oil-for-infrastructure policies in Nigeria and Angola.

The study concluded that poor governmental...

Category: General

Poor infrastructure 'puts off Agoa investors'

28/08/2009

Poor infrastructure is partly to blame for putting off investors, it has been reported.

AllAfrica.com explained the majority of the countries signed up to the African Growth and Opportunity Act (Agoa) face problems accessing the...

Categories: General, Transport, Energy

Nigeria's oil-for-infrastructure deals 'have failed'

11/08/2009

In Nigeria, the oil-for-infrastructure deals failed due to the management of the Obasanjo government, a report has claimed.

The review - A Thirst for African Oil - was published today (August 10th) by Chatham House and examined...

Category: General

World Bank chief to visit Africa

07/08/2009

President of the World Bank Group Robert B Zoellick is set to visit Africa next week to help encourage more financial support from donors and investors.

Funding urgently needed for the continent during the current economic crisis...

Categories: General, Transport, Energy

Tanzania to receive €385m for infrastructure

05/08/2009

Some €385 million (£327.5 million) is to be given to the United Republic of Tanzania via government channels in an effort to provide it with infrastructure and budgetary support.

The European Commission announced this...

Categories: General, Transport, Energy

Infrastructure 'vital for economic growth' in South Africa

31/07/2009

Investments in new infrastructures are crucial for economic growth in South Africa, it has been asserted.

The World Bank has hosted workshops examining how a small group of municipalities representing less than six per cent of...

Category: General

IMF 'scales up' support for sub-Saharan Africa

30/07/2009

The International Monetary Fund (IMF) has announced a package of measures to help some of the world's poorest regions, including parts of sub-Saharan Africa.

Managing director of the organisation Dominique Strauss-Kahn said the...

Category: General

EAC conference "opportune time" for development

29/07/2009

The East African Community (EAC) Investment Forum will provide the opportunity for discussions over infrastructure development in the region.

Over three days representatives of business and government will convene to review...

Category: General

Hilary Clinton to visit Africa

29/07/2009

Infrastructure, agricultural issues and global hunger are to feature in Hilary Clinton's discussions with African leaders over the coming days.

Starting on August 5th, the US secretary of state is due to tour seven countries...

Category: General

The World Bank voices dedication to North African infrastructure

27/07/2009

The World Bank is dedicated to investing in critical infrastructures in North Africa, it has claimed.

In 2009, the organisation donated $3.2 billion (£1.9 billion) to help Middle East and North African (MENA) countries grow...

Category: General

Siemens to support South Africa's energy infrastructure

13/07/2009

Siemens' infrastructure solutions will support its partners in South Africa to ensure the 2010 World Cup is a success, the company has stated.

Siegfried Russwurm is a member of the firm's managing board and made this comment...

Categories: General, Energy

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