Infrastructure News

New website 'a hub for African finance'

20/04/2010

A new ICT tool in Africa could mean various financial institutions find it easier to coordinate their efforts.

The Making Finance Work for Africa (MFW4A) Partnership launched www.mfw4a.org yesterday (April 19th), which is hosted...

Category: ICT

ADB lends Benin more than $49 million for a highway project

20/04/2010

The African Development Bank (ADB) has lent a package of 49.4 million Dollars to Benin in order to finance a project for upgrading the key highway linking Ndali-Nikki-Chicandou to the Nigerian border.

This financing consists of...

Category: Transport

World Bank financing South African coal-fired power station

20/04/2010

The World Bank has granted a loan of 2.8 billion Euros to South Africa, intended to finance the construction of a coal-fired power station, Medupi (North East) and the installation of solar panels and wind farms.

With a power of...

Category: Energy

Will solar energy save Darfour?

20/04/2010

Oil exploration and hydro-electric dams on the Nile are at present the essential providers of energy in the Sudan.

These are insufficient resources to provide the 20,000 additional MegaWatts which it is anticipated will be...

Category: Energy

Nigeria transport and housing projects visited by Orubebe

19/04/2010

Transport and housing in Nigeria could see improvements after Elder Godsday Orubebe, minister of Niger Delta affairs, announced oil-bearing communities will be developed.

He visited the East-West road project and highlighted its...

Category: Transport

Ethiopian company extends its Internet network to rural areas

19/04/2010

ETC, the Ethiopian national telephone operator, is going to extend its high-performance Internet network to the isolated regions of the country, in partnership with the company Giliat Satellite Networks, which is going to provide...

Category: ICT

AfDB agrees loan for Uganda transport project

16/04/2010

The African Development Bank (AfDB) has announced it signed loan agreements for Uganda's third Road Sector Support Project and the Rural Income and Employment Enhancement Project.

According to yesterday's (April 15th) reports,...

Category: Transport

Grant for water project in The Gambia approved

16/04/2010

Water infrastructure in The Gambia could see improvements, following a grant approved by the African Development Bank (AfDB).

The bank announced yesterday (April 15th) it had approved the African Water Facility grant of almost...

Category: Water

Kenya ICT project begins roll-out

15/04/2010

ICT in Kenya should be available to more of the population by the end of they year, according to government legislation.

The Kenya Communication Amendment Act 2009 means the country's telecoms firms must create a number of...

Category: ICT

Egypt to invest $110 billion Dollars in electricity infrastructures

15/04/2010

The Egyptian Minister of Electricity, Hassan Younès, announced on Monday 12 April that the government is going to invest 110 billion Dollars between now and 2027 in Egypt in the electricity sector.

Egypt’s ambition is to achieve...

Category: Energy

Tanzania finance minister thanks AfDB

14/04/2010

Mustafa Mkulo, finance minister for Tanzania, has thanked the African Development bank (AfDB) for its support.

Speaking at the AfDB's annual stakeholders cocktail, the minister explained how useful the finances from the bank have...

Senegal: State acquires a power station

14/04/2010

In order to establish better control over the development and access to electricity in Senegal, the State is going to acquire the power station of its independent energy producing partner GTI.

An agreement was signed on...

Category: Energy

Uranium mining could begin in Tanzania

13/04/2010

Uranium mining will soon take place in Tanzania, after the country revealed it has made a discovery of the mineral.

According to the East African, deposits of uranium oxide in the country are worth $2.2 billion (£1.43...

African ICT could aid green economy

13/04/2010

African countries may consider enhancing their ICT infrastructure, after it was claimed such technology can help the economy.

Environmental benefits can also occur as a result of these developments, which must be made affordable...

Category: ICT

World Bank grants $33 million loan to Togo

13/04/2010

Togo has received a loan of 33 million Dollars from the World Bank to finance the upgrading of the highway connecting the town of Aného to the border with Benin, as the press agency PANA reports.

As well as upgrading the...

Category: Transport

Comoros may receive debt help

12/04/2010

Infrastructure in the Union of the Comoros could see improvements after the country was granted debt relief.

The executive boards of the International Monetary Fund and the World Bank's International Development Association...

Category: General

East Africa's private investors to meet next month

12/04/2010

East Africa's infrastructure may be aided in the future by more private investment.

Next month there will be talks between private investors from Tanzania, Rwanda and Kenya and Uganda to discuss the issue.

The African Development...

African Development Bank organizes the development of African infrastructure up to 2030

12/04/2010

The African Development Bank (ADB) organized a workshop at its facilities in Tunis on 8 and 9 April for the PIDA, the Programme for Infrastructure Development in Africa.

PIDA is a programme aimed at implementing a strategy for...

Category: General

WADB grants $40 million to infrastructure projects in Burkina

12/04/2010

The West African Development Bank (WADB) has granted two loans to finance water management projects and highway infrastructures and IT in Burkina Faso, as the press agency APA reports.

The first loan, worth 14.6 million Dollars...

Category: Water

South Africa to benefit from energy loan

09/04/2010

Access to electricity in South Africa will be expanded by a loan granted by the World Bank.

The $3.75 billion (£2.44 billion) fund also aims to finance a number of renewable energy projects in developing countries.

Eskom -...

Category: Energy

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