Ethiopia inaugurates toll road linking with Djibouti
With the aim of easing its import-export trade logistics, Ethiopia today officially inaugurates 220 kilometers toll road that…
Construction
Knowledgeable mayors drive change in Ethiopia’s cities
A three-day multi-stakeholder capacity development meeting to support the building of effective, accountable and inclusive institutions at all…
Addis Ababa to transfer over 51,000 condos
The Addis Ababa City, the capital of Ethiopia, is set to transfer 51,229 condominium houses to residents this…
Addis Ababa warns tax dodging real estate developers
The Addis Ababa City Administration has warned over 100 real estate developers engaged in tax dodging and has…
Italy to build Ethiopia, Eritrea railway link
The Government of Italy expressed its interest to help Ethiopia and Eritrea link via railway network.
Addis Ababa to ban failed contractors, consultants
The Addis Ababa City Administration is set to ban and blacklist construction companies and consulting firms failed to…
Ethiopia inaugurates second toll road
The newly upgraded Dire Dawa – Dewale, the 220 kilometers road network linking Ethiopia with Djibouti, has gone…
UN agency urges African countries to sign the Luxembourg Protocol
Railways are the key to open and free trade across Africa and their development is critical to the…
Burundi, Tanzania secure external finance for road construction
The Boards of Directors of the African Development Bank Group have approved $322.35 million loans and grant to…
UAE company to facelift Addis Ababa
Eagle Hills, a United Arab Emirates company went into joint venture with the government of Ethiopia to facelift…
AfDB continues investing in infrastructure private equity
The Board of Directors of the African Development Bank has approved its third equity investment of US$40 million…
DP World launches Berbera Port construction in Somaliland
Construction work on the development of the multi-purpose Berbera port in the Republic of Somaliland has started with…
Development Finance Forum to Promote Affordable Housing in Rwanda
The World Bank Group today launched the Development Finance Forum in Kigali, Rwanda, for global public and private…
Addis Ababa city launches land, public houses audit
Addis Ababa City Administration has started auditing public houses, condominiums and land found in the capital.
Africa50 to announce new shareholders in Nairobi meeting
Africa50, the pan-African infrastructure platform, will host its third General Shareholders Meeting (GSM) in Nairobi, Kenya on 19…
Continental bank bans Robert Akika Ngong for fraudulent practice
The office of Integrity and Anti-Corruption of the African Development Bank (AfDB) found Ngong to have engaged in…
Cairo to Cape Town road boosts cross-border economies
Rehema Tukai grew up in Kondoa and works in Dodoma, Tanzania’s capital city. Until now, visiting her family…
UN agency invest $57 million to renovate Africa Hall
The United Nations Economic Commission for Africa (UNECA) launched a $56.9 million construction to renovate and modernize the…
Tunisia secures €112 million loan for road construction
The Board of the African Development Bank Group (AfDB) has approved a loan of €112 million to help…
NEPAD launches infrastructure financing for Africa initiative
The New Partnership for Africa’s Development (NEPAD) – African Union’s economic development programme, gathered international investors and CEO-level…
Infrastructure summit presents $13 billion investment opportunity for Africa
Presenting 12 projects requiring $13 billion investment across 9 African countries (Benin, Burundi, DRC, Kenya, Niger, Rwanda, Tanzania,…
UN agency launches inaugural Africa Data Revolution Report
The African Centre for Statistics at the Economic Commission for Africa (ECA) has launched the Africa Data Revolution…
Multilateral banks, private sector agree to boost infrastructure investment
Leaders of the top multilateral development banks (MDBs) have agreed to deepen their collaboration to encourage private sector…
East Africa embarks on $27 billion mega projects
The East African region is currently undertaking 43 mega projects worth $27.4 billion, a new research reveals.
Kenya, Uganda secure funding for road construction
The African Development Bank (AfDB) is set to provide $253 million loans for Kenya and Uganda to use…
Uganda, Kenya secure funding for major road construction
Uganda and Kenya secured a total of $253 million from the African Development Bank Group (AfDB) for a…
DRC, Mozambique and Zambia secure power interconnection fund
The NEPAD-IPPF (Infrastructure Project Preparation Facility) has approved US $3.88 million in grants to the Governments of the…
Sudan discusses power project with African Development Bank
The President of the African Development Bank (AfDB), Akinwumi Adesina who visited Garri Power Station located in Khartoum,…
Ethiopia to commence Woldiya-Mekelle railway construction
BY ELIAS GEBRESELASSIE WOLDEGEBRIEL After a long period of negotiation, a final signing ceremony for the Wediya- Mekelle…
Ethiopia set to expand airports
Ethiopia is set to expand its airport reach with construction of three airport runways in three major regional…