The priority status of the Abuja Light Rail Project and its 2013 deadline for completion has been reiterated by the minister of the federal capital territory senator Muhammed Adamu Aliero.
A loan from the World Bank in the amount of 100 million Dollars has been earmarked to finance the modernisation of two electricity converters in the Democratic Republic of the Congo.
The team running the project known as Peptac, Drinking Water for Everyone and Support for Community Activities, reported this week that there are 1,400 motorised water drilling installations and 109 drinking water supply systems...
Financing to the tune of 80 billion Dollars has been allocated by the Algerian state to projects involving railway construction and infrastructure upgrades in Algeria.
This means that six new railway lines will be built between...
Deficiencies in the power grid must be attended to if Nigeria's Afam power stations and Okoloma gas plant are to deliver on the target of 6,000 megawatts by December of this year, the government has conceded.
South Africa is tipped to see a real growth rate of 12.77 per cent for 2009's fourth quarter, according to a report from consultant Companies and Markets.
A vast investment in transport infrastructure and large-scale power...
Since 2001, investments in telecom and ICT infrastructure in Nigeria have totalled $18 billion (£11.3 billion) - and the country is keen on attracting more.
Chief executive of the communications commission Ernest Ndukwe...
Aminata Niane, general director of APIX, the agency for the promotion of investments and large-scale works, has just announced the launch of the second phase of the work on a new motorway in Senegal.
The African Development Bank (BAD) this week approved a loan of 53.3 million Euros to finance the upgrading of a screening plant at Gabel El Asfar, in Cairo.
The aim of the project is to improve the quality of waste water...
Private investment in information communication technology (ICT) is transforming the continent and has vindicated this finance model, Rwandan president Paul Kagame has been quoted as saying by the New Times.
Africa needs an estimated $39 billion (£24.3 billion) more than it is currently receiving to develop roads and other crucial infrastructure, authorities from the African Central Bank have said.