Douala-Ndjamena economic corridor secures 330 million euro
The Board of Directors of the African Development Bank Group this week approved two loans to Cameroon designed…
Construction
African Development Bank to lend $165 million to Madagascar
The Board of Directors of the African Development Bank Group has approved a $165 million loan to Madagascar…
African Development Fund provides €44 million for Chad road construction
The Board of Directors of the African Development Bank Group approved grants worth €44.16 million to Chad on…
Road safety and Addis Ababa’s sidewalk renovation
By Mekonnen Teshome – After years of comprehensive study, the World Bank Group and its partners published their…
Ovid Group inaugurate CSR housing project in Addis Ababa
Today, Ovid Group in collaboration with the Prime Minister’s Office of Ethiopia inaugurated Aware Corporate Social Responsibility (CSR)…
Salaam Real Estate to build new city in Djibouti
By Andualem Sisay Gessesse / Djibouti – Salaam Real Estate, one of the subsidiaries of Salaam Group that…
Africa Finance Corporation to help Angola construct critical bridges
Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, is leading commercial funding for a €381.5 million…
South Africa unveils infrastructure plans
South Africa’s latest infrastructure developments and investment opportunities were unpacked by a high-level panel of government stakeholders at…
Ethiopian set to purchase 5,000 houses for employees
Ethiopian Airlines on Wednesday inked Memorandum of Understanding (MoU) with Ovid Real Estate to purchase 5,000 houses for…
Ethiopia inaugurates Gode Airport
The Government of Ethiopia on Sunday inaugurated Gode Ugaas Miraad Airport Terminal building and aircraft parking with taxiway…
EC, African Development Bank unlock funding for infrastructure
On the sidelines of this week’s Italy-Africa Summit, the European Commission (EC) and the African Development Bank Group…
Uganda secures $253 million funding for road construction
The Board of Directors of the African Development Bank (AfDB) Group approved a loan of $252.83 million to…
PPP suggested to bridge Africa’s infrastructure development gap
Public-private partnerships (PPPs) are crucial to closing the financing gap for infrastructure development in Africa, and governments and…
World Bank to finance Addis Ababa – Djibouti corridor project
The Addis Ababa – Djibouti corridor, a vital trade route and a lifeline for Ethiopia’s 120 million people,…
Real estate business in Ethiopia and affordability
By Andualem Sisay Gessesse – The real estate business in Ethiopia has been experiencing significant growth and development…
Juba set to fast-track infrastructure, trade, integration
The Government of the Republic of South Sudan has pledged to establish a coordinating structure to accelerate infrastructure…
Addis Ababa gears up for Ethiopia real estate expo
Ethiopia Real Estate and Home Expo, an annual gathering of the leading local and international home developers showcasing…
Saudi Prince announces Sindalah, NEOM’s first island development
Mohammed bin Salman, Saudi Arabia’s Crown Prince, Prime Minister and Chairman of the NEOM Company Board of Directors,…
PowerChina engages in sustainable development in Africa
Power Construction Corporation of China (PowerChina) is actively participating in the “Belt and Road” initiative in Africa, responding…
Helping to maintain Zanzibar’s beauty
In 2015 CPS Live Ltd, a real estate developer launched Fumba Town, a modern African town in Zanzibar,…
IFC, Absa Bank partner to deliver affordable housing in South Africa
To increase access to affordable housing in South Africa, IFC and Absa Bank Limited, one of the leading…
Well-planned cities essential for a resilient future in Africa
The World Urban Forum (WUF) concluded on Thursday with a high-level engagement of African Ministers of Housing, Urban…
Organizations venture to mobilize finance for Africa’s infrastructure
The African Development Bank, Africa50, and the newly launched Africa Sovereign Investors Forum (ASIF) have signed a letter…
Ethiopia concertante asphalt road network doubles, says Abiy
Addressing the members of parliament this morning prime Minister Abiy Ahmed of Ethiopia said concreate asphalt network of…
ROCKSTONE Real Estate wins Africa sustainable residential development award
ROCKSTONE Real Estate, prime German real estate developer currently building KEFITA high-rise in Addis Ababa, Ethiopia, wins “Best…
Ethiopia reaffirms commitment to Lamu Port project
Ethiopia reaffirmed its continued commitment to the realization of the under-construction Lamu Port-South Sudan-Ethiopia (LAPSSET) Corridor Project, geared…
Commercial Bank of Ethiopia inaugurates tallest building
The 80 years old Commercial Bank of Ethiopia (CBE), the state-owned financial institution, today inaugurated the tallest building…
Tanzania launches Dodoma City Outer Ring Road construction
The head of the African Development Bank Group, Dr. Akinwumi A. Adesina, on Wednesday joined Tanzanian President Samia…
AfDB announces $30 million for Guinea-Bissau infrastructure
African Development Bank Group President Dr Akinwumi A. Adesina has announced a financial package of $30 million dollars…
Addis Ababa inaugurates renovated municipality offices
Addis Ababa, the capital of Ethiopia today inaugurated the renovated and reconstructed municipality offices built 57 years ago…