Eagle Hills, a United Arab Emirates company went into joint venture with the government of Ethiopia to facelift Addis Ababa.…
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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…
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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…
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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…
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Addis Ababa city launches land, public houses audit
Addis Ababa City Administration has started auditing public houses, condominiums and land found in the capital.
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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…
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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…
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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…
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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…
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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 finance the…
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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 business leaders…
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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, Zambia and…
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