Infrastructure News

Foreign investment in Africa set to reach record

22/05/2014

Financial Times

Africa will receive its highest flow of foreign investment this year as the continent's growth accelerates towards levels not seen since the 2008-09 crisis, according to the annual economic review of the region...

AfDB Jumpstarts New Infrastructure Fund with $500m

22/05/2014

This Day

The African Development Bank (AfDB) has said it is spearheading a new initiative on infrastructure development financing with the establishment of 'Africa 50', a special purpose vehicle to bridge infrastructure...

Category: General

AfDB has $115m for Nairobi road

19/05/2014

East African Business Week

The African Development Bank (AfDB) is set to finance nearly 90% of the $130 million Nairobi urban road improvement project by way of a $115.9 million loan.

Another $5 million will be made available...

Category: Transport

Close the infrastructure deficit

14/05/2014

The New Times

Infrastructure deficit is a big problem in Africa estimated to reduce industrial production by 40 per cent and making the cost of doing business very high.

Massive investment is required to finance the development...

Category: General

African ministers make progress on the Africa Power Vision

14/05/2014

News Business Ethiopia

A ministerial consultation on the Africa Power Vision took place on the margins of the World Economic Forum on Africa on 8 May in Abuja, convened by the Coordinating Minister for the Economy and Minister...

Category: Energy

Énergie : le Grand Inga devient un projet pilote pour l'Afrique

14/05/2014

Agence d'Information d'Afrique Centrale

La recommandation a été faite à tous les ministres en charge du secteur de mener un plaidoyer en faveur de ce projet dans toutes les rencontres au niveau africain et international.

Le...

Category: Energy

Financement des infrastructures en Afrique : la Bad lance bientôt le fonds « Africa 50 »

14/05/2014

La Nouvelle Tribune.info

Le développement de l´Afrique passe, également, par le renforcement de son capital infrastructurel. Cette une logique que la Banque Africaine de Développement (Bad) partage et s´y penche...

Category: General

Pourquoi l'Afrique n'a pas la fibre numérique ?

14/05/2014

Jeune Afrique

Manque d'infrastructures, faiblesse de la concurrence et services inadaptés... Le continent rate la révolution qui pourrait booster sa croissance. Pour l'instant.

"Tout est dans l'ordinateur", écrivait...

Category: ICT

Will Kenya or Uganda be east Africa's first oil producer?

13/05/2014

Guardian.co.uk

Two countries press ahead with production, boosting hopes of increased revenues and job creation, but obstacles remain.

The race is on between Uganda and Kenya to see which will emerge as the region's first oil...

Category: Energy

Local infrastructure development key to Africa's economic growth

13/05/2014

CNBC

The capital dependence on foreign direct investment for infrastructural development has been problematic for the African economy.

"We need to know where our savings funds are, what our pension funds money is doing....

Category: General

Liberia: Millions Missing in Water Sector

13/05/2014

New Democrat (Monrovia)

Every 100 gallon pumps of water to Monrovia and its environs, 80 gallons are lost either through illegal connections or burst pipes, thus losing millions in the water sector, the Managing Director of the...

Category: Water

African airlines post sluggish take-off

13/05/2014

Africa Review

The number of foreign passengers ferried by African airlines nearly stagnated in the first quarter of 2014, due to high fares and rising competition from big international players.

New data released by...

Category: Transport

What's Wrong With the Electrify Africa Act

13/05/2014


The Nation.com and Foreign Policy In Focus

This week, the House will vote on the Electrify Africa Act. This bill directs the president to draw up a multi-year strategy to strengthen the ability of countries in sub-Saharan...

Category: Energy

African leaders ready to boost regional integration - AfDB

13/05/2014

Daily Independent

The African Development Bank (AfDB) said the present collaboration of some African leaders was an indicator of political will to boost the regional integration for effective economic growth.

Mthuli Ncube, the...

Category: General

Much ado over Africa's power sector

13/05/2014

Africa Renewal

Apapa is the industrial hub of Lagos, Nigeria's bustling commercial capital that's home to some 17 million people.  Daily, the air in Apapa reverberates with the humming sound of electricity generators. In...

Category: Energy

African Development Bank To Launch $3bn Infrastructure Fund

13/05/2014

CNBC

African Development Bank plans to launch a $3bn infrastructure fund to raise money to deliver on vital infrastructure on the continent.

The money will be raised from regional and non-African pension funds, insurance...

Category: Energy

Japan vows to steadily implement $32 billion in aid for Africa

13/05/2014

Kyodo News International

Japan told foreign ministers and senior officials from about 50 African countries on Sunday that it will steadily implement 3.2 trillion yen, or $32 billion, in aid for Africa over a five-year period...

Category: General

Kenya Airways pourrait payer 14 milliards de shillings de taxes sur l'acquisition de ses 7 prochains avions

07/05/2014

Agence Ecofin

Une récente décision du parlement kényan de faire payer la TVA sur les gros avions, risque d'accroître les coûts financiers pour la compagnie nationale Kenya Airways, notamment l'obliger à payer un total de 14...

Category: Transport

Fonds infrastructures Africa 50 : lancement prévu pour ce mois de mai

07/05/2014

Gaboneco

Dans le sillon des activités de la Banque Africaine de Développement (BAD) pour le compte du mois de mai, figure le lancement officiel du fonds Africa 50, un moyen de financement spécialement dé ;dié au développement...

Category: General

Uhuru urges private sector to bridge Africa's infrastructure deficit

07/05/2014

Capital FM

President Uhuru Kenyatta has urged the private sector to exploit investment opportunities in the infrastructure sector to bridge the deficit in the continent.
 


He said resources from the private sector could...

Category: General

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