Infrastructure News

The finance minister of South Africa Pravin Gordhan has warned enterprises that are owned by the state that they must keep their spending in check.

He explained that the government planned to scrutinise how money was being spent...

Sierra Leone is to become one of the biggest magnetite iron-ore resources in the world.

This is following an announcement from African Minerals that it has doubled the size of its Tonkolili project in the country.

It revealed...

The World Bank announced last Tuesday in Rabat that its allocation to Morocco is going to increase from 300 to 600 million Dollars per year as from 2010.

This financing forms part of the strategic partnership framework (SPF)...

Nationalisation is not government policy in South Africa, president Jacob Zuma has announced.

In reference to a debate over the country's mines, the president explained that the government will not look to nationalisation.

The...

The French Development Agency is set to contribute to the financing of a project for the upgrading of water treatment and pumping stations in Tunisia.

The draft law was adopted by the Chamber of Deputies on 10 February last, and...

The Islamic Development Bank (IDB) has just allocated 31.5 million dollars to finance the upgrading of a number of infrastructures in particular in the water and transport sectors in the Ivory Coast.

The works, which will be...

Nigerian Telecommunications Limited (NITEL) was yesterday (February 16th) taken over by New Generations Telecoms.

It is reported that the takeover was worth $2.5 billion (£1.6 billion) and has come after years of NITEL...

Work started on the second phase of the Dakar- Diamniadio toll highway on Friday 12 February, in the presence of the President of Senegal, Abdoulaye Wade.

The highway, some thirty kilometres in length, is being financed to the...

The European Union is going to invest 83.1 million Dollars in Benin this year, it was learned on Friday 12 February.

Françoise Collet, head of the EU delegation in Cotonou, made the announcement at a press conference.

The...

The World Bank has published a study that found certain economic inequalities in employment opportunities in Uganda.

According to the Daily Monitor, the World Bank's study entitled Unlocking opportunities for job creation in...

The main port of Gabon may be benefiting from a major upgrading plan financed by the Bolloré Group, according to the AFP press agency.

The French group is interested in extending the port of Owendo, near Libreville.

Bolloré...

Telecommunications in Africa could be affected by an announcement that Kuwait company Zain is in talks about selling its African unit to Bharti Airtel.

With an enterprise value of $10.7 billion (£6.8 million), Zain Africa BV...

Developing countries may benefit from investment on railways as part of the World Bank Group's joint initiative with the International Union of Railways (UIC).

The organisation announced the move to formalise its cooperation on...

The African Development Bank (BAD) has signed an agreement with Togo to provide the sum of 36.2 million Dollars for a major highway infrastructure project.

This involves the upgrading of a stretch which forms part of the...

Infrastructure in South Africa will continue to see economic support, according to President Jacob Zuma.

Speaking at his state of the nation address the president tackled the challenges facing the country after the...

Kenya should be able to mobilise between 500 million and one billion Dollars from its first sale of international bonds to help finance projects involving renewable sources of energy. According to Prime Minister Raila Odinga, the...

Private sector investment is crucial in the expansion of Africa's infrastructure.

This is according to the chief executive officer of CDC Group Richard Laing, who was speaking in Ghana at the Africa Investment Forum.

He explained...

A major oil new refinery could be built in South Africa but decisions must be made immediately.

This is according to PetroSA, whose vice-president of new ventures Jorn Falbe spoke at the Sandton energy conference yesterday...

A 2G/3G mobile communications network has just been launched in Tunisia by network operators Orange.

A ceremony and press conference were held on Thursday 4 February 2010 to mark the occasion, in the presence in particular of...

Cynthia Carroll, the chief executive of Anglo American, has said she is positive about how Africa can contribute to the mining industry.

According to TradeInvestAfrica, Ms Carroll spoke at Cape Town's Mining Indaba conference...