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 deliver construction of different infrastructure projects on time.
Ethiopia inaugurates second toll road
The newly upgraded Dire Dawa – Dewale, the 220 kilometers road network linking Ethiopia with Djibouti, has gone operational. The toll road is the second to Ethiopia next to the one linking…
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 continent’s sustainable development agenda, Soteri Gatera, Chief of Industrialisation and Infrastructure at the Economic…
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 Burundi and Tanzania to finance the Rumonge-Gitaza (45 km) and Kabingo-Kasulu-Manyovu (260 km) road…
UAE company to facelift Addis Ababa
Eagle Hills, a United Arab Emirates company went into joint venture with the government of Ethiopia to facelift Addis Ababa. The company on Monday launches construction of an ‘integrated community development’ project…
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 in Africa Infrastructure Investment Fund (AIIF3).
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 a special ground-breaking ceremony to mark the occasion.
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 sector leaders to explore and demonstrate strategies to boost private sector investment in East…
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 July at Villa Rosa Kempinski Hotel.
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 a fraudulent practice in the context of a consultancy engagement with the institution, AfDB…
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 in Kondoa involved a five-hour journey along a bumpy and dusty road. Thanks to…
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 historic Africa Hall in Addis Ababa, Ethiopia.