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 North-East Road Connectivity Support Project in Tunisia.
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 at the NASDAQ Stock Market today, 18th September, for the launch of…
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 Zimbabwe), Africa’s premier infrastructure summit opens in Abuja, Nigeria.
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 Report 2016, a biennial report highlighting developments in African national data ecosystems.
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 investment in vital infrastructure needed to support sustainable and inclusive economic growth throughout the…
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 it for the upgrading of a major road that connects the two countries.
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 major road construction.
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 Democratic Republic of Congo (DRC), Mozambique and Zambia to finance completion of regional projects…
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, discussed the Government of Sudan’s planned power interconnection project that is to boost electricity…
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 268 kilometers is to be signed early 2015, signaling the start of its official…
Ethiopia set to expand airports
Ethiopia is set to expand its airport reach with construction of three airport runways in three major regional cites, with a capacity to host big jets like B737.
UN Economic Commission for Africa commences building construction in Addis Ababa
The United Nations Economic Commission for Africa (UNECA) officially launches this morning, June 21, 2010, the construction of new office facilities in the presence of Ethiopian Prime Minister Meles Zenawi.
Ethiopia inaugurates new airport
The number of airports in Ethiopia increased to 15 after the capital city of Benishangul-Gumuz Reginal State, Assosa, gets a new airport this week.